Termination Closing definition

Termination Closing means the closing for the purchase and sale of the Termination Shares, as contemplated by Section 6.2 hereof.
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Termination Closing means, in the event that the Landlord exercises the Termination Option, the termination of this Lease upon the Termination Date and the payment by the Landlord to the Tenant of the Termination Amount as consideration therefor, all in accordance with Article XVIII;
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Termination Closing has the meaning set forth in (S)7.1(a). -------------------
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Examples of Termination Closing in a sentence

  • The purchase price for the Teaching Hospital Business is the sum of the Fair Value of the Teaching Hospital Business as of the Termination Closing Date less the amount of the Teaching Hospital Business Assumed Liabilities as of the Termination Closing Date, and less the Fair Value of the University’s Membership Interest as of the Termination Closing Date.

  • Immediately after the Termination Closing, SteelCloud and V-ONE shall issue a joint press release disclosing the termination of the Transaction Documents, substantially in the form attached hereto as EXHIBIT 3.

  • At the Termination Closing, HealthCore shall have no items to deliver to the Participating Escrow Shareholders.

  • The closing of the transactions contemplated by this Agreement (the "Termination Closing") shall be deemed to occur on the first date by which both (i) the Merger Closing shall have occurred, and (ii) HealthCore shall have received the Required Stockholder Vote (such date being the "Termination Closing Date").

  • Until the Termination Closing Date, the Grantee shall receive all distributions distributable on the Operating Units held.

  • Notwithstanding the foregoing, the Buyer’s obligations not to transfer the Shares or the Properties shall terminate upon: (i) closing on the Termination Closing Date; or (ii) if the Buyer has not exercised the Termination Option, the Buyer has paid the Advance MII Payment, the Second Cash Payment and the Third Cash Payment.

  • The representations and warranties contained herein shall survive the Termination Closing for a period six (6) months following the Termination Closing Date.

  • Subject to the terms and conditions set forth herein, the Parties agree, concurrently with the Termination Closing (as defined herein) to terminate the Transaction Documents and the Transaction Documents will be terminated and of no further force and effect as of the Termination Closing pursuant to Section 8.1 of the Merger Agreement.

  • Additionally, on the Termination Closing Date (as defined herein), the Parties shall take all actions that counsel to the Parties reasonably deem necessary to render the Merger Agreement and the other Transaction Documents null and void AB INITIO.

  • If the Purchaser has exercised the --------------------------- Second Option, but not the Third Option, within the time frames contemplated by the Governance Agreement, then the Company shall, at the Termination Closing, issue and sell to the Purchaser 205,882 Shares having an aggregate value of $3.5 million, at a purchase price per Share of $17.00.


More Definitions of Termination Closing

Termination Closing shall have the meaning given to it in Section 8.2(c).
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Related to Termination Closing

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

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

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

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Option Closing Time has the meaning given to it in Section 16(1);

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • IPO Closing Date means the closing date of the IPO.

  • Termination Time means the time at which the right to exercise Rights shall terminate pursuant to Section 5.1.

  • Loan Closing means the date on which an executed Loan Agreement between the Trust and a Borrower is delivered pursuant to this Bond Resolution.

  • Merger Closing shall have the meaning set forth in Section 2.2.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Third Closing Date has the meaning set forth in Section 2.2(c).

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

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

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

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

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

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

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