THE INITIAL CLOSING DATE Clause Samples

The "Initial Closing Date" clause defines the specific date on which the first formal transfer of assets, shares, or obligations under an agreement will occur. This clause typically sets out the exact calendar date or the method for determining it, and may outline any conditions that must be satisfied before the closing can take place. By establishing a clear timeline for when the transaction is to be completed, this clause ensures both parties are aligned on expectations and helps prevent misunderstandings or delays in the execution of the agreement.
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THE INITIAL CLOSING DATE. The date and time of the Initial Closing (the "INITIAL CLOSING DATE") shall be 10:00 a.
THE INITIAL CLOSING DATE. The date and time of the Initial Closing (the "INITIAL CLOSING DATE") shall be 10:00 a.m. New York Time, within three (3) Business Days following the date hereof, subject to the satisfaction of the conditions to the Initial Closing set forth in Sections 9(a) and 10(a) (or such later date as is mutually agreed to by the Company and Buyer). The Initial Closing shall occur on the Initial Closing Date at the offices of Buyer, 1114 Avenue of the ▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇. "BUSINESS DAY" means any day other than Saturday, Sunday or other day on which commercial banks in the City of New York are authorized or required by law to remain closed.
THE INITIAL CLOSING DATE. The date and time of the Initial Closing (the “Initial Closing Date”) shall be 10:00 a.m., New York City time, on the first Business Day following the date of this Agreement, subject to the satisfaction (or waiver) of all of the conditions to the Initial Closing set forth in Sections 6(a) and 7(a) (or such later or earlier date as is mutually agreed to by the Company and the Buyers). The Initial Closing shall occur on the Initial Closing Date at the offices of ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ or at such other time, date and place as the Company and the Buyers may collectively designate in writing.
THE INITIAL CLOSING DATE. The date and time of the Initial Closing (the “Initial Closing Date”) shall be 10:00 a.m., California Time, April 12, 2013, subject to satisfaction (or waiver) of the conditions to the Initial Closing set forth in Sections 5 and 6 (or such later date as is mutually agreed to by the Company and the Purchaser in writing), provided that either party may terminate this Agreement in the event that the Initial Closing shall not have occurred within thirty (30) days of the date of this Agreement (or such later date as is mutually agreed to by the Company and the Purchaser in writing). The Initial Closing shall occur on the Initial Closing Date at the offices of the Company.
THE INITIAL CLOSING DATE. Delivery of certificates for the Initial Securities to be purchased by the Underwriters and payment therefor shall be made at the offices of ▇▇▇▇▇▇▇ Procter LLP (or such other place as may be agreed to by the Company and the Representatives) at 9:00 a.m. New York City time, on August 13, 2024, or such other time not later than 1:30 p.m. New York City time, on August 13, 2024 as the Representatives shall designate by notice to the Company (the time and date of such closing are called the “Closing Date”). The Company hereby acknowledges that circumstances under which the Representatives may provide notice to postpone the Closing Date as originally scheduled include, but are not limited to, any determination by the Company or the Representatives to recirculate to the public copies of an amended or supplemented Prospectus or a delay as contemplated by the provisions of Section 11.
THE INITIAL CLOSING DATE. The obligation of each Noteholder to make a Loan to the Company shall be subject to the satisfaction by the Company of the following conditions precedent on the Initial Closing Date: (a) Pursuant to the Memorandum, the Minimum Offering has been received and released to the Company from escrow. (b) The Company and the Trustee have executed this Indenture, the Trustee has authenticated the Master Note pursuant to a Company Order, the Company has executed the Master Note and delivered a facsimile copy of the Master Note to the Trustee, and each initial Noteholder has executed a Subscription Agreement and Execution Page. (c) No Event of Default (or an event which, with the lapse of time or the giving of notice and lapse of time, would become an Event of Default) exists. (d) Each document (including, without limitation, any financing statement under the Code) required by this Indenture or under applicable law to be filed, registered or recorded in order to create a perfected Lien on the Assets in favor of the Trustee for the benefit of the Noteholders, subject to Permitted Liens, has been properly filed, registered or recorded (or due provision for those filings has been made) in each jurisdiction in which the filing, registration or recordation of the document is so required by this Indenture, the Code or other applicable laws or requested by the Trustee. (e) The Secretary or an Assistant Secretary of the Company has executed and delivered via facsimile to the Trustee a certificate, dated the Initial Closing Date, to which is attached copies of resolutions of the Board of Directors of the Company authorizing: (i) the execution, delivery and performance of this Indenture and the Master Note; and (ii) the granting by the Company to the Trustee of the Lien on the Assets, subject to Permitted Liens, pursuant to Section 6.4 of this Indenture; and which states that the resolutions certified in the certificate have not been amended, modified, revoked or rescinded as of the Initial Closing Date. (f) The Secretary or an Assistant Secretary of the Company has executed and delivered via facsimile to the Trustee a certificate, dated the Initial Closing Date, as to the incumbency and signature of the officer of the Company executing this Indenture and the Master Note, together with evidence of the incumbency of the Secretary or Assistant Secretary. (g) The Company has obtained and delivered via facsimile to the Trustee: (i) a copy of the Certificate of Formation of the Com...
THE INITIAL CLOSING DATE. The date and time of the Initial Closing (the "Initial Closing Date") shall be 10:00 a.m. Chicago Time, within three (3) business days following the date hereof, subject to satisfaction (or waiver) of the conditions to the Initial Closing set forth in Sections 6(a) and 7(a) (or such later date as is mutually agreed to by the Company and the Buyers). The Initial Closing shall occur on the Initial Closing Date at the offices of ▇▇▇▇▇▇ ▇▇▇▇▇▇ & Zavis, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇.
THE INITIAL CLOSING DATE. The date and time of the Initial Closing (the “Initial Closing Date”) shall be 10:00 a.m. Eastern Time, not later than seven (7) days following the date hereof, subject to satisfaction (or waiver) of the conditions to the Initial Closing set forth in Sections 6(a) and 7(a) (or such later date as is mutually agreed to by the Company and the Buyers). The Initial Closing shall occur on the Initial Closing Date at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
THE INITIAL CLOSING DATE. The date and time of the Initial Closing (the "INITIAL CLOSING DATE") shall be 10:00 a.m. Central Time on a Business Day within two (2)