Closing 1 definition

Closing 1 means the first completion of the sale and purchase of the System in accordance with clause 4;

Examples of Closing 1 in a sentence

  • Notwithstanding the foregoing or any other provision in this Agreement to the contrary, the parties acknowledge and agree that, after Closing #1, neither party shall have the right to terminate this Agreement.

  • Buyer agrees to pay to Seller the Purchase Price, including the Xxxxxxx Money, in cash at Closing, 1 unless otherwise specified in this Agreement.

  • Schedule 1 [attendees at the Closing] 1 All US$ amounts wired from Barclays Mauritius were routed through Barclays Bank of New York as its US dollar dealer.

  • Developer shall be responsible for all special assessments and charges levied after the date of Closing 1 and prior to the date of Closing 2, and the City shall be responsible for all other special assessments and charges affecting the Property prior to Closing 1.

  • Title to the Library Unit shall be conveyed to the City subject to the Declaration, the Plat, this Agreement, any liens, encumbrances or other matters that encumbered the Property prior to or as of Closing 1 or that the City has otherwise consented to or caused prior to Closing 2 (collectively “City Encumbrances”).

  • If an Event of Default occurs prior to Closing 1, the City or MPL may, at its option, terminate this Agreement and retain any fees submitted by Developer as liquidated damages, subject to the rights of Project Lender and Special Member as set forth above.

  • If special assessments or charges for which the City is responsible exist at Closing 1, City shall grant a credit in the full amount of such assessments and charges, as applicable, against the Purchase Price.

  • City shall provide details of any levied, known or contemplated special assessments and charges at Closing 1.

  • Auction Tract: 2013 Agricultural Sublease Rent Prorated as of July 31, 2013 (Credit due from Seller at Closing): 1 $5,532.60 2 $13,047.89 3 $3,761.37 4 $5,338.56 5 $9,932.07 6 $3,125.77 Total: $40,738.26 THE PRORATION SET FORTH IN THE ABOVE TABLE IS BASED UPON AN APPROXIMATE APPORTIONMENT OF THE ESTIMATED TILLABLE ACRES.

  • At Closing 1 and before recording the Deed, a Memorandum of this Agreement shall be recorded against the Property in the Register of Deeds Office at Developer’s expense and the Property’s title will be encumbered by it until issuance of the Certificate, defined in Section 8 below.

Related to Closing 1

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

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

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

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Closing has the meaning set forth in Section 2.2.

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

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

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

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Final Closing means the last closing under the Private Placement;

  • 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.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

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

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Closing Certificate means the closing certificate of the Company in the form of Exhibit B hereto.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.