Possession Time definition

Possession Time means the time on the Closing Date when all of the actions required under Section 7.3 to be taken by Sellers and Buyer at the Closing have been taken.
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Possession Time shall have the meaning set forth in Section 3.6.
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Examples of Possession Time in a sentence

  • Possession of the Property will be delivered to Buyer on Possession Date (§ 3) at Possession Time (§ 3), 574 subject to the Leases as set forth in § 10.6.1.1. 575 576 If Seller, after Closing, fails to deliver possession as specified, Seller will be subject to eviction and will be additionally liable 577 to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date (§ 3) and 578 Possession Time (§ 3) until possession is delivered.

  • Possession of the Property will be delivered to Buyer on Possession Date at Possession Time, subject to 599 the Leases as set forth in § 10.6.1.1. 600 601 If Seller, after Closing, fails to deliver possession as specified, Seller will be subject to eviction and will be additionally liable 602 to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date and 603 Possession Time until possession is delivered.

  • Possession of the Property will be delivered to Buyer on Possession Date at Possession Time, subject to 660 the Leases as set forth in § 10.6.1.1. 661 If Seller, after Closing, fails to deliver possession as specified, Seller will be subject to eviction and will be additionally liable 662 to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date and 663 Possession Time until possession is delivered.

  • Possession of the Property will be delivered to Buyer on Possession Date at Possession Time, subject to the 405 Leases as set forth in § 10.6.1.1. 406 If Seller, after Closing, fails to deliver possession as specified, Seller will be subject to eviction and will be additionally liable 407 to Buyer for payment of $ per day (or any part of a day notwithstanding § 18.1) from Possession Date and 408 Possession Time until possession is delivered.

  • Possession of the Property will be delivered to Buyer on Possession Date at Possession Time, subject to the Leases as set forth in § 10.6.1.1.

  • The conveyance of the Assets shall be effective as of the Effective Time, except for the assumption by Buyer of certain Liabilities associated with the Assets that are provided, in Section 2.4, to be assumed as of the Possession Time.

  • As between Seller and Buyer, and subject to the terms of Sections 2.4 and 2.5, Seller shall, severally according to their respective ownership interests in the Assets and not jointly, assume and bear all risk of loss associated with the Assets prior to the Possession Time, and Buyer shall assume and bear all risk of loss associated with the Assets from and after the Possession Time.

  • Possession of the Property shall be delivered to Buyer on Possession Date and Possession Time (Section 2c), subject to the following lease(s) or tenancy(s): n/a -------------------------------------------------------------------------------- If Seller, after Closing, fails to deliver possession as specified, Seller shall be subject to eviction and shall be additionally liable to Buyer for payment of $n/a, per day from the Possession Date (Section 2c) until possession is delivered.

  • As of the Possession Time, Sellers shall deliver to Buyer exclusive possession and control of the Assets.

  • Xxxxx, xx xx xxxx xxxxx xxxxxxx xx xxx Xxxxany shall have xxxxxxxxx xx xhe Purchasers upon not less than ten (10) days notice in writing.

Related to Possession Time

  • Possession Date means the date of execution of this Agreement;

  • Succession Time means, for any Appointment, (a) the Effective Time, if all Authorizations for such Appointment have been received as of that time or (b) if any Authorization for such Appointment has not been received as of the Effective Time, the time that all Authorizations for such Appointment have been received.

  • Discussion Time shall have the meaning ascribed to such term in Section 3.2(f).

  • COMPLETION TIME means the period by date specified in the acceptance of tender for handing over the erected equipment/plant which are found acceptable by the Engineer being of required standard and conforming to the specifications of the contract.

  • Possession limit as used in s. NR 19.275, means the maximum number of a turtle species or group of turtle species which may be possessed by a person at any time.

  • Termination Time means the time at which the right to exercise Rights shall terminate pursuant to Section 5.1.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Notification Time means 11:00 a.m., New York time, on a Local Business Day.

  • Expiration Time has the meaning set forth in Section 3.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Risk Transfer Date means the date when the risk of loss or damage to the Works passes from the Contractor to the Employer in accordance with sub Clauses 38.2 and 39.1.

  • Execution Time means the date and time that this Agreement is executed and delivered by the parties hereto.

  • Succession Date means the legally effective date of an event in which one or more entities succeed to some or all of the Relevant Obligations of the Reference Entity; provided that if at such time, there is a Steps Plan, the Succession Date will be the legally effective date of the final succession in respect of such Steps Plan, or if earlier (i) the date on which a determination pursuant to Section 2.2(a) would not be affected by any further related successions in respect of such Steps Plan, or (ii) the occurrence of an Event Determination Date in respect of the Reference Entity or any entity which would constitute a Successor.

  • Final Disruption Date has the meaning provided in Annex A to this Confirmation. Notwithstanding the foregoing and anything to the contrary in the Equity Definitions, if a Market Disruption Event occurs on any Expiration Date, the Calculation Agent, acting commercially reasonably, may determine that such Expiration Date is a Disrupted Day only in part, in which case (i) the Calculation Agent shall make commercially reasonable adjustments to the Number of Warrants for the relevant Component for which such day shall be the Expiration Date and shall designate the Scheduled Trading Day determined in the manner described in the second preceding sentence as the Expiration Date for the remaining Warrants for such Component, and (ii) the VWAP Price for such Disrupted Day shall be determined by the Calculation Agent based on transactions in the Shares on such Disrupted Day taking into account the nature and duration of such Market Disruption Event on such day. Any Scheduled Trading Day on which, as of the date hereof, the Exchange is scheduled to close prior to its normal close of trading shall be deemed not to be a Scheduled Trading Day; if a closure of the Exchange prior to its normal close of trading on any Scheduled Trading Day is scheduled following the date hereof, but prior to the open of the regular trading session of the Exchange on such day, then such Scheduled Trading Day shall be deemed to be a Disrupted Day in full. Section 6.6 of the Equity Definitions shall not apply to any Valuation Date occurring in respect of an Expiration Date.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

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

  • Submission Date means the date on which You Submit a Contribution to Us.

  • Down time means the time period when specified services with specified technical and service standards are not available to user(s).

  • Up time means the time period when specified services with specified technical and service standards are available to user(s)

  • Scheduled operation time means the scheduled operating hours of the System for the month. All planned downtime on the system would be deducted from the total operation time for the month to give the scheduled operation time.

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • non-business day means Saturday, Sunday and any other day that is a holiday as defined in the Interpretation Act (Canada);

  • Merger Date means the closing date of a Merger Event or, where a closing date cannot be determined under the local law applicable to such Merger Event, such other date as determined by the Calculation Agent.

  • Valuation Time means the close of business in the city of the Valuation Agent on the Local Business Day before the Valuation Date or date of calculation, as applicable, provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.