Post-Closing Contribution and Transfer Transactions Sample Clauses

Post-Closing Contribution and Transfer Transactions. Upon receipt of notice from the Partnership to Weatherford and WECC of the formation by the Partnership of the entities referred to in clauses (x) and (y) below (which the Partnership shall use its best efforts to complete not later than 90 days after the Closing Date), (i) WECC shall contribute to the Partnership an amount in cash necessary to allow the Partnership to purchase or otherwise acquire an undivided ninety-nine percent (99%) of the Additional Weatherford Assets, (ii) the Partnership shall use such contributed cash to purchase or otherwise acquire an undivided ninety-nine percent (99%) of the Additional Weatherford Assets pursuant to instruments of assignment and conveyance in form or forms mutually agreed upon by the Parties, (iii) WECC shall contribute to Limited an amount in cash necessary to allow Limited to purchase or otherwise acquire an undivided one percent (1%) of the Additional Weatherford Assets, and (iv) Limited shall use such contributed cash to purchase or otherwise acquire an undivided one percent (1%) of the Additional Weatherford Assets and shall transfer such undivided interest to the Partnership, in each case pursuant to instruments of assignment and conveyance in form or forms mutually agreed upon by the Parties.
Sample 1
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Related to Post-Closing Contribution and Transfer Transactions

  • Company Closing Deliveries At the Closing, the Company shall deliver, or cause to be delivered, to the Purchaser the following:

  • 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:

  • 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.

  • Closing Deliveries by Seller At the Closing, Seller shall deliver or cause to be delivered to Purchaser:

  • Purchaser Closing Deliveries At the Closing, Purchaser shall deliver, or cause to be delivered, the following:

  • Post-Closing Deliveries (a) The Borrower hereby agrees to deliver, or cause to be delivered, to the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent, the items described on Schedule 5.15 hereof on or before the dates specified with respect to such items, or such later dates as may be agreed to by, or as may be waived by, the Administrative Agent in its sole discretion.

  • Fund Transactions The Advisor is authorized to select the brokers or dealers that will execute the purchases and sales of portfolio securities for the Fund. With respect to brokerage selection, the Advisor shall seek to obtain the best overall execution for fund transactions, which is a combination of price, quality of execution and other factors. The Advisor may, in its discretion, purchase and sell portfolio securities from and to brokers and dealers who provide the Advisor with brokerage, research, analysis, advice and similar services, and the Advisor may pay to these brokers and dealers, in return for such services, a higher commission or spread than may be charged by other brokers and dealers, provided that the Advisor determines in good faith that such commission is reasonable in terms either of that particular transaction or of the overall responsibility of the Advisor to the Fund and its other clients and that the total commission paid by the Fund will be reasonable in relation to the benefits to the Fund and its other clients over the long-term. The Advisor will promptly communicate to the officers and the trustees of the Trust such information relating to portfolio transactions as they may reasonably request.

  • Shareholder Transactions (i) Process shareholder purchase and redemption orders in accordance with conditions set forth in the Trust's prospectus.

  • Seller Closing Deliveries No later than 1 Business Day prior to the Closing Date, Seller shall deliver to Escrow Agent, each of the following items:

  • 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:

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