Conditional Closing Sample Clauses
POPULAR SAMPLE Copied 2 times
Conditional Closing. Both parties agree that the Share Exchange Closing is conditional on the Company Breaking Escrow and that the closing shall be concluded within 10 days from that date.
Conditional Closing. The closing of the Offering and the transactions contemplated hereby are conditioned upon the closing of the Share Exchange and the transactions and conditions contemplated thereby. It is a condition to close the Share Exchange that the Company shall have received the Minimum Offering amount in the Company’s designated escrow account at Continental Stock Transfer & Trust Company. In the event the Minimum Offering amount is not received by the Escrow Agent into the Company’s designated escrow account by June 30, 2014 (unless otherwise extended by the Company and the Placement Agent in their sole discretion to September 30, 2014), all subscriptions shall be returned to the Subscribers without interest, deduction or offset.
Conditional Closing. In each state whose statutes, rules or regulations require that the Merger must by approved by such state's public utility commission (or similar entity) prior to the effective consummation of the Merger, the Closing of the Merger shall be subject to and contingent upon such approval, and shall be deemed not to have been effected in such state until receipt by OpTex and Claremont of such approval.
Conditional Closing. The Closing shall be subject to the closing of the transaction contemplated by that certain Common Stock Purchase Agreement dated September 15, 2005, by and between Rinehart, PURCHASER, Viking ▇▇▇▇▇▇▇ents USA, Inc., a Delaware corporation ("Viking") and Anza.
Conditional Closing. 39 11.2 COOPERATION.. . . . . . . . . . . . . . . . . . . . . . . . . . . 39 11.3
Conditional Closing. The Conditional Closing will take place at the offices of Erdinast, Ben Nathan & Co., Advocates, 25 Nachmani Street, Tel Aviv, Israel, o▇ ▇▇ ▇▇▇▇ other place as the ▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇lly agree in writing, at 10:00 A.M. local time on the date which is three (3) Business Days after the date in which the condition to the Conditional Closing pursuant to Section 1.08 herein (the "Conditional Closing Condition") is met, provided that, in any event, such date shall not be later than thirty (30) Business Days after the Contract Date (the "Conditional Closing Date"). To the extent that the Conditional Closing Condition is not met by the Conditional Closing Date, the Conditional Closing Date may be extended to a subsequent date upon the mutual written consent of the parties.
Conditional Closing. Upon the later to occur of (i) the date which is 90 days following the Initial Closing Date and (ii) the date which is 10 days after the Company receives the Stockholder Approval, to the Purchasers, but in any event no later than the date which is 150 days from the Initial Closing Date (such closing date the “Conditional Closing Date”), upon the terms and subject to the conditions set forth herein, the Purchasers shall have the right, but not the obligation, to elect, at the Purchasers’ sole and absolute discretion, to purchase, and the Company agrees to sell to the Purchasers or their designees, up to an aggregate of $27,000,000 of Series A Preferred Stock, such amount as designated in writing by the Purchasers to the Company prior to the Conditional Closing Date, as calculated pursuant to Section 2.2(c), in a single Conditional Closing. To the extent that the Purchasers exercise their option to purchase Conditional Closing Shares, each Purchaser acquiring shares at the Conditional Closing shall deliver to the Company, via wire transfer, immediately available funds equal to its Conditional Subscription Amount pursuant to Section 2.2(d)(i), and the Company shall deliver to each such Purchaser its respective shares of Series A Preferred Stock, as determined pursuant to Section 2.2(c), and the Company and each such Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Conditional Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Conditional Closing shall occur at the offices of Company Counsel or such other location as the parties shall mutually agree.
