Interim Deadline definition
Examples of Interim Deadline in a sentence
From and after the Execution Date until the Interim Deadline, the Purchaser may designate Seller Securities as Purchased Assets with the consent of Champion, such consent not to be unreasonably withheld.
At each Closing, the Issuer will deliver to each Purchaser the Notes to be purchased by such Purchaser in the form of a single Note (or such greater number of Notes in denominations of at least $250,000 face amount) dated the date of the applicable Closing and registered in such Purchaser’s name (or in the name of its nominee), against delivery by such Purchaser to the Issuer or its order of immediately available funds in accordance with wire instructions provided by the Issuer.
The Purchaser shall have until the date that is the Interim Deadline (the “Contract Designation Date”) to remove, by written notice to Champion, Executory Contracts, Real Property Leases and Other Contracts from the Contract List.
If Seller and the Title Company have not received the Objection Notice from Buyer by the Interim Deadline, that shall be deemed Buyer’s unconditional approval of the condition of title to the Property and the Survey and all liens, judgments, encumbrances, encroachments or other title or survey defects or matters on the Survey and/or the PTR shall be deemed to be Permitted Title Matters.
The Purchaser may also assume any other Liability of any Seller previously included in the Excluded Liabilities at any time on or prior to the Interim Deadline, by revising the applicable Schedules to this Agreement; provided that no such change to the Schedules, the definition of the Excluded Liabilities or the definition of the Assumed Liabilities shall result in an adjustment to the Purchase Price.