Offering Closing definition
Examples of Offering Closing in a sentence
The Depositor and the Issuer agree to notify the Escrow Agent in writing of the closing date of the offering (the "Offering Closing Date") and whether or not the Issuer received subscriptions for the Minimum Subscription Amount.
In addition, the Issuer or Depositor shall calculate the interest earned on each Subscriber Investment Amount as of the Offering Closing Date and provide such information to the Escrow Agent.
The aggregate of all Subscriber Investment Amounts and interest thereon shall be equal to the amount of the Escrow Fund on the Offering Closing Date.
Except for those ----------------------------------------- representations and warranties which speak as of a specific date, all of the representations and warranties of the Company set forth in this Article will be true and correct in all material respects on the Public Offering Closing Date with the same force and effect as though made on and as of that date and those, if any, which speak as a specific date will be true and correct in all material respects as of such date.
In the event that the Effective Time and Public Offering Closing Date occur on a date other than the fifth business day following the Merger Closing, all such certificates, legal opinions and instruments shall be re-dated as of the Public Offering Closing Date.