Olayan Closing Date definition

Olayan Closing Date means the earlier of: (a) the date specified in a written notice delivered by Olayan (in its sole discretion) to the Selling Stockholders after the date hereof, provided that such date shall: (i) be at least 10 Business Days from the date of receipt of such notice by the Selling Stockholders; and (ii) fall prior to the NESR Closing Date; and (b) the NESR Closing Date.

Examples of Olayan Closing Date in a sentence

  • Auditors shall be appointed and their duties regulated in accordance with the English Companies Acts as if the Company were a public limited company incorporated in England and Wales.

  • At the Olayan Closing Date, each of the Selling Stockholders shall deliver or shall cause the Company to deliver, as applicable, to Olayan and NESR copies of Board of Director resolutions of each Selling Stockholder (except any Selling Stockholder who is an individual), certified by the Secretary or an authorized person of such Selling Stockholder as to the authorization of this Agreement and all of the transactions contemplated hereby.

  • Each of Olayan and NESR shall consummate with the Selling Stockholders the sale and purchase of the Olayan Company Shares and the NESR Company Shares (“Closing”) on the Olayan Closing Date and the NESR Closing Date, respectively (“Closing Date”).

Related to Olayan Closing Date

  • 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.

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

  • Loan Closing Date means the date upon which the Loan is made to the Company.

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

  • Original Closing Date means March 21, 2013.

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

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

  • IPO Closing Date means the closing date of the IPO.

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

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

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

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

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

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

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • 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.

  • Financial Closing Date means the date of the closing of the initial agreements for any Financing of the Facility and of an initial disbursement of funds under such agreements.

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

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

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

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

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.