Preclosing definition

Preclosing means preclosing of the sale and purchase of the Assets as specified in Section 4. "Pre-Closing Date" means Friday, September 27, 1996 or such other date as the Quantum U.S. and Iomega may agree in writing. "Property" means all the leasehold estate in and to the real property as set out in the attached Schedule and any building thereon or other improvements thereto subject to any and all express or implied conditions listed on the title; "Iomega's Lawyers" means Francis Tan of the Azman Davidson law offices ▇▇ ▇▇▇la Lumpur; and Eugene Lim of Donaldson and Burkinshaw in ▇▇▇▇▇▇▇▇▇. "Quantum's ▇▇▇▇▇▇▇" means Baker & McKenzie of 1 Temasek Avenue, #27-01
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Examples of Preclosing in a sentence

  • The date on which Pre-closing actually takes place is referred to in this Agreement as the “Pre-closing Date”.

  • Parent shall deposit with the Paying Agent cash in the Pre-closing Amount to pay the Merger Consideration and the Warrant Consideration.

  • DI has full power and authority to consummate the transactions contemplated hereby, including the Pre-signing Transactions, the Pre-closing Transactions and the Transaction.

  • The Company shall have performed and complied in all material respects with all agreements, covenants, obligations and conditions contained in this Agreement that are required to be performed or complied with by it at or prior to the Pre-closing.

  • SABV has full power and authority to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the transactions contemplated hereby, including the Pre-signing Transactions, the Pre-closing Transactions and the Transaction.

  • Each of the representations and warranties of Purchaser in this Agreement shall be true and correct in all material respects (without giving effect to any limitation as to “materiality” set forth therein) as of Pre-closing, except for such representations and warranties made as of a specific date, which shall be true and correct as of such date.

  • None of the Group Companies is, immediately prior to this Agreement, or will be, at the time of the Pre-closing after giving effect to the Pre-closing, in default in the payment of any Indebtedness with an outstanding principal amount of more than US$500,000.

  • SAJ has full power and authority to consummate the transactions contemplated hereby, including the Pre-signing Transactions and the Pre-closing Transactions.

  • The Company shall have filed, on a timely basis, all the SEC Filings during the thirty six (36) months preceding the Pre-closing Date.

  • All registrations, qualifications, permits and approvals, if any, required to be obtained prior to the Pre-closing under applicable securities Laws shall have been obtained for the lawful execution, delivery and performance of this Agreement including, without limitation, the offer and sale of the Subject Shares.