Second Closing Condition definition

Second Closing Condition means the actual effectiveness of the Registration Statement as defined in Section 11.1 hereunder. A Second Closing will not take place in connection with any amount of Second Closing Notes for which sufficient Shares have not been registered in an effective Registration Statement as of the Second Closing Date.
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Second Closing Condition means the actual effectiveness of the Registration Statement as defined in Section 11.1
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Second Closing Condition has the meaning set forth in Section 4.1(c).
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Examples of Second Closing Condition in a sentence

  • The “Second Closing Date” shall be on or before the fifth business day after the compliance with the Second Closing Condition as defined in Section 1(d) of this Agreement (the “Second Closing Date”).

  • The “ Second Closing Date” shall be on or before the fifth business day after the compliance with the Second Closing Condition as defined in Section 1(d) of this Agreement (the “ Second Closing Date”).

  • The “Second Closing Date” shall be within ninety (90) days of the Initial Closing Date after the compliance with the Second Closing Condition as defined in Section 1(d) of this Agreement (the “Second Closing Date”).

  • As used herein “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks in New York, New York are authorized or required by law to remain closed.” 2.3 Modified Second Closing Condition.

  • Seller shall provide prompt written notice to Yi Tai upon satisfaction of the Second Closing Condition.

  • The Second Closing Condition must be satisfied on or before March 31, 2007 [sixty (60) days after Initial Closing Date] ("Final Condition Date") otherwise the Second Closing will not occur.

  • The closing date in relation to up to One Million One Hundred and Fifty Thousand Dollars ($1,150,000) (the “Second Closing Purchase Price”) shall be on or before the fifth business day after the compliance with the Second Closing Condition as defined in Section 1(d) (the “Second Closing Date”).

  • The "Second Closing Date" shall be on or before the fifth business day after the compliance with the Second Closing Condition as defined in Section 1(d) of this Agreement (the "Second Closing Date").

  • The closing date in relation to up to $3,125,000 in exchange for $2,500,000 of Aggregate Purchase Price (the “Second Closing Purchase Price”) shall be on ten business days prior notice by the Company to the Subscribers on or before the forty-fifth day after the satisfaction of the Second Closing Condition (as defined in Section 1.(d) below) and satisfaction of the other conditions to Closing stated therein (the “Second Closing Date”).

  • The filing date of the Form 8-K is the Second Closing Condition Satisfaction Date.


More Definitions of Second Closing Condition

Second Closing Condition means the first to occur of (i) the actual effectiveness of the Registration Statement as defined in Section 11.1(iv) hereunder, or (ii) the delivery by the Company on or before January 31, 2007 of certified consolidated financial statements of the Company and all entities which are or will be direct or indirect subsidiaries of the Company after the closing of the transaction described in the Letter of Intent (“Acquisition”), all in order to satisfy the requirements of Form 8-K after giving effect to the Acquisition, certified by an independent certified public accountant, pursuant to General Accepted Accounting Principals in the United States, including a balance sheet, results of operations, cash flows and supporting schedules and consolidated financial statements for the fiscal year ended March 31, 2006, and all in form and substance reasonably acceptable to Subscriber.
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Second Closing Condition means the first to occur of (i) the actual effectiveness of the Registration Statement as defined in Section 11.1(iv) hereunder, or (ii) THE DELIVERY BY COMPANY WITHIN FIVE DAYS OF THE "SECOND CLOSING" OF CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY AND ALL ENTITIES WHICH ARE OR WILL BE DIRECT or indirect subsidiaries of the Company after the closing of the transaction described in the Letter of Intent ("ACQUISITION"), all in order to satisfy the requirements of Form 8-K after giving effect to the Acquisition, pursuant to General Accepted Accounting Principals in the United States, including a balance sheet, results of operations, cash flows and supporting schedules and consolidated financial statements for the FISCAL YEAR ENDED MARCH 31, 2006 AND the latest interim period, and all in form and substance reasonably acceptable to Subscriber.
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Second Closing Condition means the acceptance for filing by the Commission from the Company of a Form 8-K which discloses the execution of a binding irrevocable agreement for the acquisition by the Company of an entity which will become a subsidiary of the Company ("Acquisition"). The filing date of the Form 8-K is the Second Closing Condition Satisfaction Date. The Second Closing Condition must be satisfied on or before March 31, 2007 [sixty (60) days after Initial Closing Date] ("Final Condition Date") otherwise the Second Closing will not occur.
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Related to Second Closing Condition

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Second Closing has the meaning set forth in Section 2.2.

  • Second Closing Date means the date of the Second Closing.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.