Examples of SEC Approval in a sentence
As soon as practicable following the execution of this Agreement, and in any event prior to the SEC Approval Date, Parent, HL and the Sponsors shall enter into an agreement (the “Sponsor Agreement”) providing that, immediately prior to the Effective Time, the Sponsors will forfeit, and HL will terminate and cancel, pro rata, an aggregate of 125,000 HL Ordinary Shares and 125,000 HL Warrants.
Subject to Section 7.1 and 7.2 hereof, the Closing of the sale and purchase of the Purchased Interest shall take place on or before the date that is 180 days following the receipt of SEC Approval (as defined in Section 6.5 below) (the “Closing Date”).
Following receipt of the SEC Approval, Buyer shall use its Commercial Efforts to raise at least the minimum Purchase Price via such public offering (the “Public Offering”).
Following receipt of the SEC Approval, Buyer shall use its Commercial Efforts to raise the Purchase Price via such public offering (the “Public Offering”).
If (a) Bxxxx is unable to obtain SEC Approval in accordance with Section 6.5 or (b) despite Bxxxx’s best efforts, Bxxxx is unable to raise the Purchase Price by the Closing Date, then either party may terminate this Agreement by written notice to the other party and neither shall have any further obligations under this Agreement except to the extent set forth in Section 6.1 and Article VIII.