Malibu Closing definition

Malibu Closing means the closing of the purchase and sale of the JV VI Sale Interest in accordance with the terms hereof.
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Examples of Malibu Closing in a sentence

  • For clarity, the adjustments made pursuant to Section 7.1 of the Purchase Agreement at the Initial Closing shall exclude matters relating to the Malibu Property and the adjustments made pursuant to Section 7.1 of the Purchase Agreement at the Malibu Closing shall exclude matters relating to the Initial Properties.

  • In no event shall the Purchase Agreement be terminated on account of any such failure of the Malibu Closing to occur.

  • Subsection 13.8(c) of the Purchase Agreement is hereby made inapplicable to the Malibu Property and the Malibu Closing.

  • Section 7.1.1(d)(iii) of the Purchase Agreement is hereby amended to apply to the JV VI Sale Interest at the Malibu Closing, in addition to the Sale Interest and the Parallel Sale Interest at the Initial Closing.

  • For clarity, if both the Initial Closing (without any Excluded Properties) and Malibu Closing occur, the aggregate purchase price paid shall be equal to the aggregate purchase price which would have been paid under the Purchase Agreement without regard to this Amendment.

  • In the event the Malibu Closing fails to occur due to a breach by Purchaser, the sole remedy of Seller shall be to receive the Allocated Deposit for the Malibu Property.

  • Simpson, editors, Application and Theory of Petri Nets 2000, volume 1825 of Lecture Notes in Computer Science, pages 475–484.

  • The Allocated Deposit applicable to the Malibu Property shall be funded to Seller at the Malibu Closing and be applied against such purchase price.

  • In the event that Primary Purchaser elects for the Malibu Property to become an Excluded Property pursuant to Section 12.2 of the Purchase Agreement (or otherwise pursuant to the Purchase Agreement) between the Initial Closing Date and the Malibu Closing Date (such period, the “Interim Period”), the Malibu Closing shall not occur and Primary Purchaser shall only be entitled to a refund of the Allocated Deposit for the Malibu Property in an amount equal to $965,880 and no other amount whatsoever.

Related to Malibu Closing

  • First Closing has the meaning set forth in Section 2.1(a).

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Second Closing has the meaning set forth in Section 2.2.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Merger Closing shall have the meaning set forth in Section 2.2.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Time of Closing means 10:00 a.m. (Vancouver time) on the Closing Date, or such other time as the parties may mutually determine;

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Final Closing means the last closing under the Private Placement;

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Closing means the closing of the purchase and sale of the Securities pursuant to Section 2.1.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Option Closing Time has the meaning given to it in Section 16(1);

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;