Closing Date; Investment Period Sample Clauses

Closing Date; Investment Period. The Manager may establish a minimum amount of Capital Contributions as a prerequisite for the initial closing of any Series as set forth in a Series Supplement. The Manager may also establish a final closing date for each Series. The Manager shall have the right to terminate any offering of interests in a Series at any time in its sole discretion. The Manager may also extend the initial closing or the final closing of a Series offering to the extent described in the Series Supplement or in the offering memorandum for any Series. The Manager may establish an investment period (“Investment Period”) for each Series as provided in each Series Supplement. The Manager shall have the right to terminate any Series’ Investment Period earlier than the date described in the applicable Series Supplement. The Manager may also extend the Investment Period to the extent described in the Series Supplement or in the offering memorandum for any Series.
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Closing Date; Investment Period. Upon the Initial Closing: (a) the Manager will call capital from persons who have completed and delivered the Subscription Agreement and who have met the requirements set forth therein, (b) the Manager will accept tendered subscriptions by executing the Global Signature Page referenced in the Subscription Agreement, and (c) this Supplement will be effective. Initial Capital Contributions shall be made within five business days following the capital call by the Manager unless the Managing Member otherwise agrees. The Initial Closing will occur on or after March 1, 2018. Additional Units will be issued as additional subscriptions are accepted at additional closings, which may occur from time to time until the final closing (the “Final Closing”) which shall be September 1, 2018, subject to the right of the Manager to extend the period of the Offering for up to 120 days in its sole discretion. On and after the Initial Closing, the Manager may declare that the Investment Period has commenced and may begin making investments in portfolio companies. The Investment Period shall end on the date that is the earlier of 48 months after the Investment Period begins and the date that the Manager declares that the Investment Period will terminate. The Manager may extend the date the Investment Period terminates with the consent of a majority of the members of the Investment Committee.
Closing Date; Investment Period. Upon receipt of subscriptions for at least an amount to be determined by the Manager in its discretion (the “Minimum Offering”), the Manager may declare that a closing (the “Initial Closing”) will occur whereby: (a) the Manager will call capital from persons who have completed and delivered the Subscription Agreement and who have met the requirements set forth therein, (b) the Manager will accept tendered subscriptions by executing the Global Signature Page referenced in the Subscription Agreement, and (c) this Supplement will be effective. Initial Capital Contributions shall be made within five business days following the capital call by the Manager unless the Managing Member otherwise agrees. The Initial Closing will occur on or after November 1, 2017 and additional Units up to an amount to be determined by the Manager in its discretion will be issued as additional subscriptions are accepted at additional closings, which may occur from time to time until the final closing (the “Final Closing”) which shall be April 30, 2018, subject to the right of the Manager to extend the period of the Offering for up to 90 days in its sole discretion. On and after the Initial Closing, the Manager may declare that the Investment Period has commenced and may begin making investments in virtual currencies, non-security tokens, tokenized securities, related instruments, cash and cash equivalents, and such other holdings that may be consistent with disclosures made to AVG BC 1 Series Members. The Investment Period shall end on the date that is the earlier of 12 months after the Investment Period begins and the date that the Manager declares that the Investment Period will terminate, and is anticipated to fall within the 12-month time period. The Manager may extend the date the Investment Period terminates with the consent of a majority of the members of the Committee (as defined below). The Fund anticipates holding the Digital Assets for an extended period following the Investment Period (“Holding Period”). The Holding Period for a particular Digital Asset may be relatively short or may be considerably longer. The Holding Period has no required termination date other than the term of the Fund, and the Manager is not required to dispose of assets at any particular time.

Related to Closing Date; Investment Period

  • Closing Date The date and time of the issuance and sale of the Note pursuant to this Agreement (the “Closing Date”) shall be on or around May 7, 2019.

  • Settlement Period (a) For recording time worked, there shall be a settlement period of four weeks.

  • AGREEMENT PERIOD The terms of this Agreement and the performance of the parties hereto shall commence, or be deemed to have commenced, the 1st day of January 2020 and will continue through the 31st day of December 2020, both dates inclusive, unless sooner terminated or extended as provided for herein.

  • Addressing Objections Raised During Public Comment Period The Parties agree that the procedure contemplated for public review of this Stipulated Order and the Regional Water Board’s or its delegate’s adoption of this Stipulated Order is lawful and adequate. The Parties understand that the Regional Water Board or its delegate has the authority to require a public hearing on this Stipulated Order. If procedural objections are raised or the Regional Water Board requires a public hearing prior to the Stipulated Order becoming effective, the Parties agree to meet and confer concerning any such objections, and may agree to revise or adjust the procedure and/or this Stipulated Order as necessary or advisable under the circumstances.

  • Payment Period Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment shall be made within forty (40) days following the date of termination), the actual date of payment within the specified period shall be within the sole discretion of the Company.

  • Assuming Bank Portfolio Sales of Remaining Single Family Shared-Loss Loans The Assuming Bank shall have the right with the concurrence of the Receiver to liquidate for cash consideration, from time to time in one or more transactions, all or a portion of Single Family Shared-Loss Loans held by the Assuming Bank at any time prior to the Termination Date (“Portfolio Sales”). If the Assuming Bank exercises its option under this Section 4.1, it must give thirty (30) days notice in writing to the Receiver setting forth the details and schedule for the Portfolio Sale which shall be conducted by means of sealed bid sales to third parties, not including any of the Assuming Bank’s affiliates, contractors, or any affiliates of the Assuming Bank’s contractors. Sales of Restructured Loans shall be sold in a separate pool from Single Family Shared-Loss Loans not restructured. The Receiver’s review of the Assuming Bank’s proposed Portfolio Sale will be considered in a timely fashion and approval will not be unreasonably withheld, delayed or conditioned.

  • Assuming Institution Portfolio Sales of Remaining Shared-Loss Loans The Assuming Institution shall have the right, with the consent of the Receiver, to liquidate for cash consideration, from time to time in one or more transactions, all or a portion of Shared-Loss Loans held by the Assuming Institution at any time prior to the Termination Date (“Portfolio Sales”). If the Assuming Institution exercises its option under this Section 4.1, it must give sixty

  • Collective Investment Vehicle An Investment Entity established in Finland that is regulated as a collective investment vehicle, provided that all of the interests in the collective investment vehicle (including debt interests in excess of $50,000) are held by or through one or more exempt beneficial owners, Active NFFEs described in subparagraph B(4) of section VI of Annex I, U.S. Persons that are not Specified U.S. Persons, or Financial Institutions that are not Nonparticipating Financial Institutions.

  • Timber Cut Through Mistake Undesig- nated timber meeting Utilization Standards, cut by Pur- chaser through mistake and included by Contracting Offi- cer under B2.14, shall be removed and paid for at Current Contract Rates and Required Deposits, unless such ma- terial is not listed in A2. In such event, Contracting Offi- cer, in accord with standard Forest Service methods, shall establish rates to be paid.

  • Tax Increment Financing The Redevelopment Agreement provides for the capture of the Tax Increment, as defined therein, by the City of the Redeveloper Improvements to be made by the Redeveloper for a period not to exceed fifteen (15) years after the Redevelopment Project effective date defined in the Redevelopment Agreement. The Tax Increment so captured by the City shall be used for to make the Redeveloper Improvements as described in the Redevelopment Agreement.

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