Closing of the Purchase. Following exercise of the Repurchase Right, the Closing shall occur at the principal offices of the Company within thirty (30) days following the determination of the Repurchase Price or at such other time and place as the parties shall mutually agree. At that time, the Representative shall deliver to the Company the certificate(s) representing the Shares, duly endorsed in blank or accompanied by stock assignment(s) separate from certificate duly executed in blank, and the Shareholders and/or the Company shall deliver to the Representative the Repurchase Price.
Closing of the Purchase. (a) If the applicable Sale Notice covers all of the Portfolios and the Non-Initiating Member timely gives the Acceptance Notice and delivers the Forced Sale Deposit as provided in Section 10.01(b), then on or before the ninetieth (90th) day after receipt of the Acceptance Notice (the “Interest Closing Date”), the Non-Initiating Member (or its designee(s)) shall purchase from the Initiating Member, and the Initiating Member shall sell to the Non-Initiating Member (or its designee(s)), the Initiating Member’s Interest for the Interest Purchase Price, subject to the further terms and conditions hereof. Time shall be of the essence with respect to the parties’ obligation to close such Purchase on the scheduled Interest Closing Date. On the Interest Closing Date:
(i) the Initiating Member shall deliver to the Non-Initiating Member (or its designee(s)) a duly executed and acknowledged instrument of assignment conveying the Initiating Member’s Interest to the Non-Initiating Member (or its designee(s)) free and clear of all liens and encumbrances, which instrument shall contain surviving representations concerning due organization and authority of the Initiating Member and the absence of liens and encumbrances on the Initiating Member’s Interest and shall contain a provision indemnifying and holding the Non-Initiating Member (or its designee(s)) harmless from any loss, liability, cost or expense (including reasonable attorneys’ fees) it may incur by reason of any breach of such representation;
(ii) the Non-Initiating Member shall pay the Interest Purchase Price (minus the Forced Sale Deposit, together with any interest accrued thereon, which shall be delivered to the Initiating Member, and as adjusted by the credits and apportionments herein set forth) to the Initiating Member in immediately available funds;
(iii) the Venture Accountants shall close the books of the Venture as of the Interest Closing Date, and all items of Venture revenue and expense which are customarily apportioned in the sale of properties comparable to the Properties shall be apportioned between the Initiating Member and the Non-Initiating Member as of 11:59 p.m. on the day preceding the Interest Closing Date in accordance with the customs and practices usual in transactions involving properties comparable to the Properties in proportion to their respective shares of Net Ordinary Cash Flow for the then current calendar period;
(iv) notwithstanding Section 6.02, the Net Income and Net Loss (and...
Closing of the Purchase. The closing of any purchase of Securities pursuant to exercise of the Put Option (the "Closing") shall be held at the offices of Swidxxx Xxxlin Shereff Friexxxx, XXP, 3000 K Street, N.W., Washington, D.C., on the thirtieth business day after delivery of the Exercise Notice, or on such later date as each of the conditions to Closing set forth in Section 3.2 shall have been satisfied or waived by the party entitled to the benefit thereof.
Closing of the Purchase. The closing of the Transaction (the "Closing") shall take place at the offices of Nation's Bank, Charleston, South Carolina, or at such other place in Charleston, South Carolina as selected by the Lender, in its sole and absolute discretion, on the date and at the time set forth in the Closing Notification, which shall be a Monday, given by RIGI in accordance with this section (the "Closing Date"). The Closing Date shall be no later than April 28, 1997, PROVIDED, HOWEVER, the Closing Date shall be automatically extended to provide for RIGI and Parent's review pursuant to Sections 7.1(b), 7.1(c) and 7.
Closing of the Purchase. The closing of the purchase of the Repurchase Shares shall occur at 10:00 a.m. central time at the offices of Shook, Hardy & Bacon L.L.P., 0000 Xxxx Xxxxxx, Xxxxx 0000, Xxxxxx Xxxx, Xxxxxxxx 00000, immediately following the closing of the Notes Transaction (which will occur in New York City) or at such other place and time as the parties mutually agree (the "Closing Date"). The parties agree that they shall negotiate in good faith the rescheduling of the Closing Date (which in no event shall be later than sixty days after the closing of the Notes Transaction), if necessary to comply with Regulation M issued pursuant to the Securities Exchange Act of 1934, as amended. If the Closing Date is more than five days after the closing of the Notes Transaction, then IBC shall pay to RPC interest on the Purchase Price equal to the rate of interest then paid by IBC on its principal bank indebtedness.
Closing of the Purchase. The closing of the purchase and sale of the Seller Stock (the "Closing") shall be deemed to take place at the offices of Purchaser, on September 6, 2013, or at the earliest date of the completion of the events as set forth in the following sentence. At the Closing; (i) Seller will cause Seller Stock to be delivered to Purchaser in certificate form in the name of Purchaser directly to: 400 Xxxx X Xxxxxx, Xxxxx 0000, Xxx Xxxxx, Xxxxxxxxxx, 00000, or as otherwise directed by the Purchaser; and (ii) upon receipt of the Seller Stock, Purchaser shall deliver to Seller the Purchase Price (subject to adjustment as set forth in Section 1.1 above), by certified check, official bank check or wire transfer, as reasonably directed by Seller's designee.
Closing of the Purchase. The closing of the Transaction (the "Closing") shall take place at the offices of Friedlob Xxxxxxxxx Xxxxxx Xxxxxxx & Xxxxxxxxxxx, LLC, 1400 Glenarm Place, Third Floor, Denver, Colorado, or at such other place as selected by the Lender, in its sole and absolute discretion, on the date and at the time set forth in the Closing Notification, given by RII Sub in accordance with this section (the "Closing Date"). The Closing Date shall be no later than December 5, 1997.
Closing of the Purchase. (a) The closing of any purchase of Series E Preferred Stock pursuant to exercise of the Preferred Stock Option (the "Preferred Stock Closing") shall be held at the offices of the Company on a date agreed to by the Company and the Purchaser, but not later than thirty (30) days following delivery of the Exercise Notice.
(b) The closing of any purchase of Common Stock pursuant to exercise of the Common Stock Option (the "Common Stock Closing") shall be held at the offices of the Company on or as soon as reasonably practicable following the closing date of the Initial Public Offering in respect of which the option was so exercised.
Closing of the Purchase. The Purchase shall have closed or will close ----------------------- concurrently with this Modification.
Closing of the Purchase. The closing of the Transaction (the "Closing") shall take place on May 22, 1998, at the offices of Reinhart, Boerner, Van Deuren, Xxxxxx & Rieselbach, s.c., or at such other place as selected by Recycling, in its sole and absolute discretion, on the date mutually agreed to by the parties (the "Closing Date"). The Closing Date shall be no later than May , 1998, unless mutually extended by the parties.
