Examples of PSA Closing in a sentence
The date on which the Closing occurs is referred to in this Agreement as the “Closing Date.” For all purposes under this Agreement and each Closing Document, (i) all matters at the Closing and any applicable Other PSA Closing (to the extent occurring on the same date) will be considered to take place simultaneously and (ii) the Closing shall be deemed effective as of the Effective Time.
In the event any Other PSA Closing is adjourned pursuant to Section 3.4(c), Section 3.6, Article VIII or for any reason, the Closing under this Agreement shall be adjourned for the same period of time.
Notwithstanding anything to the contrary in this Section 7.04, the Original PSA shall control the responsibility for Taxes for periods and portions of periods through the Original PSA Closing Date.
Notwithstanding any other provisions of this Agreement, this Article VII shall apply to indemnifications by Seller to Buyer for, and shall be the sole remedy of Buyer in respect of, the losses described in the following sentence relating to Taxes in respect of taxable periods and portions of taxable periods after the 2013 PSA Closing Date through the Closing Date, and such indemnifications shall not be subject to any limitations described in Section 6.05 hereof.
Notwithstanding any other provisions of this Agreement, this Article VII shall apply to indemnifications by Seller to Buyer for, and shall be the sole remedy of Buyer in respect of, the losses described in the following sentence relating to Taxes in respect of taxable periods and portions of taxable periods after the Original PSA Closing Date through the Closing Date, and such indemnifications shall not be subject to any limitations described in Section 6.05 hereof.
Notwithstanding anything to the contrary in this Section 7.04, the 2013 PSA shall control the responsibility for Taxes for periods and portions of periods through the 2013 PSA Closing Date.
Prior to the PSA Closing, through the application and processing to approval of a Subdivision Map, DEVELOPER shall create four (4) separate legal parcels comprising the SUBJECT PROPERTY consisting of the approximately 0.75 acre PERFORMANCE CENTER SITE (depicted as “CCA” site), the PARK SITE, and the two (2) “DEVELOPMENT PARCELS” (depicted as “North Tower” and “South Tower”) all as more particularly described and depicted in EXHIBIT B.
Notwithstanding anything to the contrary herein, Sections 3.7 and 3.8, and Article V (to the extent relating to Sections 3.7 and 3.8) shall be effective and of force and effect only from and after the Inland PSA Closing.
Upon the Interest Closing, the Company will have no assets except the Farm, the PSA Closing Deliverables and the Title Policy on the Farm, and no Liabilities except the Southwest Financing and the Company Debt.
Concurrently with the PSA Closing, DEVELOPER shall re-convey the PERFORMANCE CENTER SITE to CITY by quitclaim deed on an “as is” basis and at no cost to CITY, as provided in the PSA.