Examples of Second Closing in a sentence
This version of Schedule A has been prepared to illustrate the capital contributions, Membership Interests, Percentage Interests and corresponding number of applicable Bloom Shares, assuming the First Closing and/or Second Closing occurs such that the SPC purchases the maximum number of Class A Membership Interests from SK.
For the avoidance of doubt, the Minority Member may make additional capital contributions in connection with the Second Closing.
The covenants and agreements contained in this Agreement, to the extent they are to be performed at or after the Second Closing (including, for the avoidance of doubt, the covenants set forth in Section 8.6 with respect to Communications Regulatory Approvals and the covenants set forth in Section 8.8), shall survive the Second Closing until fully performed in accordance with their respective terms.
The Fundamental Representations and any certificate delivered hereunder at the Second Closing shall not survive the Second Closing and shall terminate at the Second Closing.
Prior to, or simultaneous with, the Second Closing, if (x) the FCC Approval shall have been received or (y) the FCC Approval shall no longer be required as a result of the consummation of the FCC Licenses Disposal Actions, the Company shall adopt and file with the Secretary of State of the State of Delaware a Series Certificate of Designations of the Series A Preferred in the form attached as Exhibit E (the “Series A Certificate of Designations”).