Section 3 Closing definition

Section 3 Closing shall have the meaning ascribed to such term in Section 3(a) of this Agreement.
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Section 3 Closing has the meaning given in Section 3.
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Examples of Section 3 Closing in a sentence

  • Time is of the essence with respect to the deadlines set out herein, including, but not limited to, the deadlines in Section 3 (Closing) and Section 6 (Right to terminate) hereof.

  • Promptly after the Section 3 Closing, the Custodian shall give notice thereof to the Holders, shall remit to each of the Holders the total consideration for the shares of such Holder sold pursuant thereto, and shall furnish such other evidence of the completion and time of completion of such sale and the terms thereof as may reasonably be requested by any of the Holders.

  • Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3 (Closing), Notes in the principal amount specified opposite such Purchaser’s name in the Purchaser Schedule at the purchase price of 100% of the principal amount thereof.

  • Subject to the terms and conditions of this Agreement, concurrently with the Conversion the Company will amend and restate each Bridge Facility Note held by a Purchaser and reissue to such Purchaser, at the Closing provided for in Section 3 (Closing of Conversion), Notes in the principal amount specified opposite such Purchaser’s name in the Purchaser Schedule in an amount equal to 100% of the principal amount thereof at a purchase price equal to 99.25% of such Note.

  • Promptly after the Section 3 Closing, the Section 3 Seller shall furnish such other evidence of the completion and time of completion of such sale and the terms thereof as may reasonably be requested by any of the other Securityholders.

  • The closing of a purchase pursuant to this Section 3 (the "Section 3 Closing") shall take place at the principal office of the Company on the fifteenth (15th) business day after the date of delivery of the Price Determination Notice (the "Section 3 Closing Date").

  • In the event that the Employee Stockholder, or any holder of Covered Shares, fails to tender any Covered Shares subject to purchase under this Section 3 on or before the Section 3 Closing Date, such Covered Shares shall be canceled on the books and records of the Company on the Section 3 Closing Date and the Employee Stockholder or other holder shall no longer have any dividend or voting or other rights with respect to such Covered Shares.

  • At least three Business Days prior to the date of the Closing, each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming the information specified in Section 3 (Closing) including (a) the name and address of the transferee bank, (b) such transferee bank’s ABA number and (c) the account name and number into which the purchase price for the Notes is to be deposited.

Related to Section 3 Closing

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

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

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

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.