Examples of Acquisition Closing Date in a sentence
All shares of Existing NTI Series B Common Stock outstanding or deemed outstanding hereunder shall be cancelled or deemed cancelled on the Acquisition Closing Date upon payment of the Aggregate Acquisition Consideration.
Notwithstanding any provision in this Agreement to the contrary, this Agreement shall become null and void and of no force and effect (without any action required by any party hereto) if the Acquisition is not consummated on the Acquisition Closing Date.
Any assignment by any Commitment Party to any potential Lender made prior to the Acquisition Closing Date will only relieve such Commitment Party of its obligations set forth herein to fund that portion of the commitments so assigned if such assignment was approved by you (such approval not to be unreasonably withheld or delayed).
For the avoidance of doubt, Seller shall not have the right for or to request the specific performance of the Buyer’s obligations hereunder if that the Acquisition is not consummated by the Acquisition Closing Date.
Subject to Article IV hereof, each Notes Guarantor guarantees, as of the Acquisition Closing Date, to the Trustee, jointly and severally with the other Notes Guarantors, as a primary obligor and not merely as a surety, the due and punctual payment and performance of the Secured Notes Obligations (such guarantee obligations of the Notes Guarantors, the “Guaranteed Obligations”) for the benefit of the Secured Parties.