Completion and Post-Completion Actions Sample Clauses

Completion and Post-Completion Actions. 4.1 Subject to Clause 3, the Completion shall take place simultaneously with the Completion of the SPA with Pioneer and the SPA with the Employee Shareholders at the registered office of the AMC at Chennai or at Mumbai, within seven (7) days after the conditions set out in Clause 3.1 and Clause 3.2 are satisfied or waived (the "Completion Date") or on such other date and place as the Parties may agree.
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Completion and Post-Completion Actions. 5.1. The Completion shall take place within ten (10) Business Days following receipt of the CP Confirmation by MPUIF and the Company (which ever is later). 5.2. At Completion, the following shall occur simultaneously and no such transaction shall be consummated unless all such transactions are consummated: (i) The Consultant shall nominate three (3) persons to be appointed as directors on the Board including the Managing Director in accordance with clause 4.1(v) above and shall provide the Company with consents of the said persons; (ii) The Company shall: (a) allot and issue the Subscription Shares to the Consultant; (b) deliver to the Consultant one or more original share certificates evidencing the Subscription Shares, each duly completed in the name of the Consultant, as the case may be; (c) duly register the Subscription Shares in the name of the Consultant in the Company’s register of members and provide evidence thereof to the Consultant; (d) appoint the three nominees of the Consultant on the Board as directors; and (e) appoint one of the three nominees of the Consultant on the Board as the Managing Director; and (f) pass a resolution of the Board (with participation of the nominees of the Consultant) and approve the Services Agreement for execution by the Company. 5.3. Within five (5) Business Days of the Completion Date, the Company shall: (i) file the return of allotment with the Registrar of Companies, Madhya Pradesh & Chhattisgarh, for the allotment of the Subscription Shares and provide an acknowledged copy of the same to the Consultant; (ii) file all necessary forms in relation to appointment of the nominees of the Consultant on the Board with the Registrar of Companies, Madhya Pradesh & Chhattisgarh, subject to the Consultant providing the Company with all documents as may be required by the Company for completing the requirements under law for the appointment as aforesaid and no appointment shall be made without providing the Company with all such documents as it may require for the said purpose; and (iii) execute the Services Agreement with MPUIF.
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Completion and Post-Completion Actions. 4.1 Completion shall take place within 5 business days after the Investor has completed its due diligence work or at such time and place as the Parties may agree.
Sample 1
Completion and Post-Completion Actions. 5.1 Subject to the satisfaction of the Conditions Precedent in accordance with Clause 3 (Conditions Precedent) above and, solely with respect to Buyer 1, the satisfaction of the conditions precedent in accordance with clause 4.1 of the Share Subscription Agreement (unless waived or deferred in terms thereof), the respective Share Sales shall take place on a date as the Sellers and the corresponding Buyers (in consultation with the Company), may mutually agree in writing in respect of their Respective Sale Shares, during business hours (“Completion Date”), and which date in any event, shall be no later than the Long Stop Date; where all the Share Sales are not completed on the same date, the “Completion Date” with respect to each sale and purchase of the Respective Sale Shares shall be the date of Completion of such sale and purchase and the term “Completion Date” for the purposes of this Agreement shall be construed accordingly for such Buyer and corresponding Seller. 5.2 The Parties acknowledge that: (a) purchase of its Respective Sale Shares by Buyer 1 under this Agreement and the Subscription under the Share Subscription Agreement are an integrated transaction. Buyer 1 acknowledges that it is entering into this Agreement with the intention of completing the Subscription and the purchase of its Respective Sale Shares under this Agreement, simultaneously on or before the Long Stop Date. Notwithstanding anything to the contrary contained in the Agreement, if the Subscription pursuant to the Share Subscription Agreement does not occur simultaneously with the purchase of its Respective Sale Shares in terms of this Agreement, Buyer 1 shall have the right not to consummate the transactions contemplated under this Clause 5 of this Agreement and shall have the right to terminate this Agreement, and the Company and the Sellers shall not be entitled to make any Claim against Buyer 1; and (b) notwithstanding anything to the contrary contained in the Agreement, if the Subscription pursuant to the Share Subscription Agreement does not occur, Buyer 3 shall have the right not to consummate the transactions contemplated under this Clause 5 of this Agreement and shall have the right to terminate this Agreement, and the Company and the Sellers shall not be entitled to make any Claim against Buyer 3. For the avoidance of doubt, it is clarified that nothing contained in the foregoing shall restrict the right of Buyer 1 and Buyer 3 to elect, at their sole discretion, to proc...
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Completion and Post-Completion Actions 
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Related to Completion and Post-Completion Actions

  • FINAL COMPLETION AND FINAL PAYMENT 9.9.1 Upon receipt of written notice that the Work is ready for final inspection and acceptance and upon receipt of a final Application for Payment, the Architect will promptly make such 9.9.2 Neither the final payment nor the remaining retained percentage shall become due until the Contractor submits to the Architect (1) an affidavit that all payrolls, bills for materials and equipment, and other indebtedness connected with the Work for which the State or its property might in any way be responsible, have been paid or otherwise satisfied; (2) consent of surety, if any, to final payment; (3) Other data establishing payment or satisfaction of all such obligations, including, but not limited to, receipts, releases, or other supporting documentation. and (4) final waivers of liens arising out of the Contract, to the extent and in such form as may be designated by the State. If any Subcontractor refuses to furnish a release or waiver required by the State, the Contractor may furnish a bond satisfactory to the State to indemnify him against any such lien. If any such lien remains unsatisfied after all payments are made, the Contractor shall refund to the State all moneys that the latter may be compelled to pay in discharging such lien, including all costs and reasonable attorneys' fees. 9.9.3 If, after Substantial Completion of the Work, final completion thereof is materially delayed through no fault of the Contractor or by the issuance of Change Orders affecting final completion, and the Architect so confirms, the State shall, upon application by the Contractor and certification by the Architect, and without terminating the Contract, make payment of the balance due for that portion of the Work fully completed and accepted. If the remaining balance for Work not fully completed or corrected is less than the retainage stipulated in the Contract Documents, and if bonds have been furnished as required by the Contract Documents, the written consent of the surety to the payment of the balance due for that portion of the Work fully completed and accepted shall be submitted by the Contractor to the Architect prior to certification of such payment. Such payment shall be made under the terms and conditions governing final payment, except that it shall not constitute a waiver of claims. 9.9.4 The making of final payment shall constitute a waiver of all claims by the State except those arising from: (a) unsettled liens, (b) faulty or defective Work appearing after Substantial Completion, (c) failure of the Work to comply with the requirements of the Contract Documents, or (d) terms of any special warranties required by the Contract Documents. 9.9.5 The acceptance of final payment shall constitute a waiver of all claims by the Contractor except those previously made in writing and identified by the Contractor as unsettled at the time of the final Application for Payment.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Construction Completion The related Construction shall have been completed substantially in accordance with the related Plans and Specifications, the related Deed and all Applicable Laws, and such Leased Property shall be ready for occupancy and operation. All fixtures, equipment and other property contemplated under the Plans and Specifications to be incorporated into or installed in such Leased Property shall have been substantially incorporated or installed, free and clear of all Liens except for Permitted Liens.

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project (a) The Company intends and expects, together with any Sponsor Affiliate, to (i) construct and acquire the Project, and (ii) meet the Contract Minimum Investment Requirement within the Investment Period. The Company anticipates that the first Phase of the Project will be placed in service during the calendar year ending December 31, 2020. (b) Pursuant to the FILOT Act and subject to Section 4.03 hereof, the Company and the County hereby agree that the Company and any Sponsor Affiliates shall identify annually those assets which are eligible for FILOT payments under the FILOT Act and which the Company or any Sponsor Affiliate selects for such treatment by listing such assets in its annual PT-300S form (or comparable form) to be filed with the Department (as such may be amended from time to time) and that by listing such assets, such assets shall automatically become Economic Development Property and therefore be exempt from all ad valorem taxation during the Exemption Period. Anything contained in this Fee Agreement to the contrary notwithstanding, the Company and any Sponsor Affiliates shall not be obligated to complete the acquisition of the Project. However, if the Company, together with any Sponsor Affiliates, does not meet the Contract Minimum Investment Requirement within the Investment Period, the provisions of Section 4.03 hereof shall control. (c) The Company may add to the Land such real property, located in the same taxing District in the County as the original Land, as the Company, in its discretion, deems useful or desirable. In such event, the Company, at its expense, shall deliver an appropriately revised Exhibit A to this Fee Agreement, in form reasonably acceptable to the County.

  • Project Completion Report At the completion of construction and once a Project is placed in service, the Subrecipient must submit a Project Completion Report that includes the total number of units built and leased, affordable units built and leased, DR-MHP units built and leased, an accomplishment narrative, and the tenants names, demographics and income for each DR-MHP unit.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Commencement and Completion of Construction Subject to Unavoidable Delays, Developer shall cause construction of the Minimum Improvements to be undertaken and completed: (i) by no later than June 1, 2020; or (ii) by such other date as the parties shall mutually agree upon in writing. Time lost as a result of Unavoidable Delays shall be added to extend this date by a number of days equal to the number of days lost as a result of Unavoidable Delays. All work with respect to the Minimum Improvements shall be in conformity with the Construction Plans approved by the building official or any amendments thereto as may be approved by the building official. Developer agrees that it shall permit designated representatives of the City, upon reasonable notice (which does not have to be written), to enter upon the Development Property during the construction of the Minimum Improvements to inspect such construction and the progress thereof.

  • Commencement and Completion The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.

  • Commencement and Completion of Work The professional services to be performed pursuant to this Agreement shall commence within five (5) days from the Effective Date of this Agreement. Failure to commence work in a timely manner and/or diligently pursue work to completion may be grounds for termination of this Agreement.

  • COMPLETION OF AGREEMENT This document comprises the entire agreement between the District and the Association in the matters lawfully within the scope of negotiation. Neither party shall have any obligation to meet and negotiate during the term of this agreement.

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