Simultaneous Closing definition
Examples of Simultaneous Closing in a sentence
The Control Option may only be exercised simultaneously with the exercise of the option granted under the Related Option Agreements and the Closing hereunder will only take place simultaneously with the closing of the exercise of the option granted under the Related Option Agreements; provided that the Closing pursuant to a Section 3.1(a)(vi) Exercise will also only take place on the same date as the ▇▇▇▇▇/Comcast Closing and the Simultaneous Closing.
Comcast agrees effective as of and conditioned upon the consummation of the Closing, the Option Closing and the Simultaneous Closing that it shall not assert directly or indirectly in any claim, suit or action or otherwise, the invalidity or unenforceability, in whole or in part, of any Existing Related Party Agreement.
In addition, the ▇▇▇▇▇ Entities consent to the assignment, effective as of and conditioned upon the consummation of the Closing, the Option Closing and the Simultaneous Closing, of all of the rights and obligations of BTH under the Education and Entertainment Shareholders Agreements and the related Registration Rights Agreements.
If the Simultaneous Closing is to occur in accordance with Section 2.2(a), Parent shall, substantially concurrently with the Closing, have paid to the Company or the SpinCo Entity designated pursuant to Section 6.5 the SpinCo Cash Payment, for further payment to Matrix in accordance with the Separation and Distribution Agreement (including with respect to timing).
Simultaneous Closing of Liquidity Facility ..............................
The FM Only Closing shall have previously occurred or the consummation of the purchase and sale transactions contemplated hereunder shall occur as part of a Simultaneous Closing.
Simultaneous Closing of 364-Day Credit Agreement .......................
Simultaneous Closing of Long-Term Credit Agreement ....................................
On the earliest to occur of (i) December 31, 1998, (ii) the Initial Closing Date or (iii) the Simultaneous Closing Date the statements on Schedule 3.10 shall be true and correct.
If the ▇▇▇▇▇/Comcast Closing shall not have occurred on the date the Simultaneous Closing occurs, then the transactions to be effected at the Simultaneous Closing and the ▇▇▇▇▇/Comcast Closing shall be rescinded and deemed not to have occurred.