CLOSING OF CANADIAN TRANSACTION Sample Clauses

CLOSING OF CANADIAN TRANSACTION. The transaction contemplated in and by the asset purchase agreement between Republic Environmental Systems (Fort Erie) Ltd., Republic Environmental Systems (Brantford) Ltd. and Republic Environmental Systems (Pickxxxxx) Xxd., as vendors, and Philxx Xxxerprises Inc., as purchaser, shall have been completed. If any condition, obligation or covenant of the Companies or the Vendor to be performed at or prior to the Closing Time shall not have been fulfilled or performed by such time, the Purchaser may terminate this Agreement by fifteen (15) days prior notice in writing to the Vendor. If Vendor fails to cure such condition, obligation or covenant within such fifteen (15) days, the Purchaser shall be entitled to terminate this Agreement, and the Parties shall thereafter be released from all obligations hereunder. Notwithstanding the foregoing, the Purchaser shall be entitled to waive compliance with any of such conditions, obligations or covenants in whole or in part if it sees fit to do so without prejudice to any of its rights of termination in the event of non-performance of any other condition, obligation, or covenant in whole or in part. If Closing fails to occur on or prior to the Closing Date, the Vendor or the Purchaser shall be entitled, in its sole discretion, to terminate this Agreement, and thereafter the Parties shall have no further obligations hereunder. If Closing fails to occur for any reason, all documents, information and other materials of the Companies or the Vendor which are in the possession of the Purchaser or its agents shall be immediately returned to the Companies. In such event, the Purchaser agrees to keep all information and knowledge about the Companies and the Vendor strictly confidential, other than any such information or knowledge about the Companies which may be required to be disclosed by law or which may become publicly available without fault of the Purchaser.
Sample 1
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CLOSING OF CANADIAN TRANSACTION. The transaction contemplated in and by the asset purchase agreement between Republic Environmental Systems (Fort Erie) Ltd., Republic Environmental Systems (Brantford) Ltd. and Republic Environmental Systems (Pickxxxxx) Xxd., as vendors, and Philxx Xxxerprises Inc., as purchaser, shall have been completed. If any condition, obligation or covenant of the Purchaser to be performed at or prior to the Closing Time shall not have been fulfilled or performed by such time, the Vendor may terminate this Agreement by fifteen (15) days prior notice in writing to the Purchaser. If the Purchaser fails to cure such condition obligation or covenant within fifteen (15) days, the Vendor shall be entitled to terminate this Agreement, and the Parties shall thereafter be released from all obligations hereunder. Notwithstanding the foregoing, the Vendor shall be entitled to waive compliance with any of such conditions, obligations or covenants in whole or in part if it sees fit to do so without prejudice to any of its rights of termination in the event of non-performance of any other condition, obligation or covenant in whole or in part.
Sample 1

Related to CLOSING OF CANADIAN TRANSACTION

  • CLOSING OF IPO The closing of the sale of the Parent Shares to the Underwriters in the IPO shall have occurred simultaneously with the IPO Closing Date hereunder.

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • Closing of the Transaction All conditions precedent to effect the closing of the Transaction shall have been satisfied or waived (other than those conditions that, by their nature, may only be satisfied at the consummation of the closing of the Transaction but subject to satisfaction or waiver thereof).

  • Closing of the Transactions The Transactions set forth in the Business Combination Agreement shall have been or will be consummated substantially concurrently with the Closing.

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.

  • The Closing Transactions Subject to the terms and conditions set forth in this Agreement, the parties hereto shall consummate the following transactions on the Closing Date:

  • Closing of the Merger The closing of the Merger (the "Closing") will take place at a time and on a date to be specified by the parties, which shall be no later than the second business day after satisfaction of the latest to occur of the conditions set forth in Article 5 (the "Closing Date"), at the offices of Sperry Young & Stoecklein, 1850 X. Xxxxxxxo Xx., Xxxxx 000, Xxx Xxxxx, Xxxxxx, xxxxxx xxxxxxx xime, date or place is agreed to in writing by the parties hereto.

  • Acquisition Transactions The Company shall provide the holder of this Warrant with at least twenty (20) days’ written notice prior to closing thereof of the terms and conditions of any of the following transactions (to the extent the Company has notice thereof): (i) the sale, lease, exchange, conveyance or other disposition of all or substantially all of the Company’s property or business, or (ii) its merger into or consolidation with any other corporation (other than a wholly-owned subsidiary of the Company), or any transaction (including a merger or other reorganization) or series of related transactions, in which more than 50% of the voting power of the Company is disposed of.

  • Closing of Transactions 2 Section 1.3 Exchange of Secretary's Certificates.......................................................2

  • Closing of Transaction The sale of the Share by Seller to Purchaser under the Shareholder Agreement shall be coordinated with and shall occur simultaneously with the closing of the transactions contemplated by the Share Purchase Agreement and the Remaining Agreements. Within one business day after the Closing, the Purchaser shall deliver to Seller the cash portion of the purchase price as set forth in the Shareholder Agreement. The cash portion of the purchase price for all outstanding shares of limited liability company interest may be transferred by wire transfer to the Company's US dollar account, for immediate distribution to the Seller and the other sellers of such limited liability company interests. Within 30 days after the Closing, the Purchaser shall deliver to the Seller a stock certificate representing the preferred stock of the Purchaser to which the Seller shall be entitled hereunder and under the Shareholder Agreement.

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