Transactions on Closing Date Clause Samples
The "Transactions on Closing Date" clause defines the actions and exchanges that must occur between the parties on the date the transaction is finalized. Typically, this includes the transfer of funds, delivery of documents, and the formal handover of ownership or assets as specified in the agreement. By clearly outlining these steps, the clause ensures that all parties understand their obligations at closing, reducing the risk of misunderstandings or incomplete performance.
Transactions on Closing Date. At the Closing, the Company shall deliver to the Purchaser the duly issued Warrant.
Transactions on Closing Date. In accordance with the terms of this Agreement and subject to and upon satisfaction of the closing conditions set forth in Articles 7 and 8, the parties agree to consummate, on the Closing Date (as defined in Article 2), the following transactions:
Transactions on Closing Date. On the Closing Date, the following transactions shall be consummated simultaneously:
(a) The Transaction Documents not previously executed shall be duly executed and delivered by the respective parties thereto.
(b) The Partnership shall, in accordance with and subject to the Purchase Agreement, issue, sell and cause to be delivered to the Initial Purchasers the Bonds.
(c) The Authority shall, in accordance with and subject to the Authority Purchase Agreement, issue, sell and cause to be delivered to the Partnership the Authority Bonds.
(d) The PPA LOC Issuer shall issue or cause to be issued the PPA LOC.
(e) The Initial Disbursement shall be made by the Collateral Agent.
Transactions on Closing Date. At the Closing, the Company shall deliver to each Purchaser a duly issued Warrant for such number of Warrant Shares as set forth next to each Purchaser’s name on the Schedule of Purchasers attached hereto.
Transactions on Closing Date. At the Closing, the Company shall deliver to Sun the duly issued Detachable Warrants.
Transactions on Closing Date