Examples of Actual Closing in a sentence
To the extent the Acquired Company requires cash for the period from the Closing Date to the Actual Closing Date, Seller and Parent may lend such cash to the Acquired Company, which loan shall bear interest at the Prime Rate and shall be repaid as soon as practicable, but in all events no later than the Closing or, if such amount is not invoiced, within two (2) Business Days after receipt of such invoice.
If (A) the Actual Closing Date Payment exceeds (B) the Closing Date Payment, Buyer shall, within five (5) business days after the determination of the Actual Closing Date Payment, pay to the Stockholder Representative an aggregate amount equal to such excess, together with interest on such excess from the Closing Date to and including the date of payment (the “Balance Sheet Excess”) at an interest rate equal to the “Prime Rate” as listed in The Wall Street Journal on the Closing Date (the “Prime Rate”).
If (A) the Actual Closing Date Payment is less than (B) the Closing Date Payment, then the Stockholder Representative shall pay to Buyer an aggregate amount equal to such shortfall, together with interest on such shortfall from the Closing Date to and including the date of payment (the “Shortfall”) at an interest rate equal to the Prime Rate.
On or before July 31, 1997 or 30 days after the Actual Closing Date, whichever is later, (such date is referred to as the "Initial Filing Date"), the Company shall prepare and file with the Commission, a registration statement on any appropriate form under the Act for an offering to be made on a continuous basis covering all of the Registerable Securities (the "Shelf Registration").
To the extent that there is any damage from condemnation or any fire or other casualty to any Leased Real Property prior to the Actual Closing, CSC shall consult with Computer Sciences GS prior to the exercise of any right set forth in the respective Lease with respect to such an event.
To the extent it is possible without causing a default under any Lease, CSC shall take such other actions as may be reasonably requested by Computer Sciences GS in order to place Computer Sciences GS, insofar as reasonably possible, in the same position as if the Leases for any Leased Real Property for which the Actual Closing did not occur on or before the Distribution Date had been transferred as contemplated hereby.
LD Services has delivered to IXC-LD complete and correct copies of all federal, state, local and foreign income or franchise Tax Returns for the last three taxable periods for which such Tax Returns have been filed and will deliver copies of Tax Returns filed by LD Services after the date hereof and before the Actual Closing Date.
Benefit liabilities: Full break down of liabilities for the C2 and C3 calculation referencing certain Notes to Statutory Financial Statement or the Actual Closing Statutory Financial Statements is not available on the quarterly basis.
As soon as practicable after the Effective Time, and ------ subject to and in accordance with the provisions of Section 8 hereof, Agile shall cause to be deposited in Escrow (as defined in Section 8.1 hereof) with the Escrow Agent (as defined in Section 8.1 hereof) the number of shares of Agile Common Stock equal to the value (based on the Actual Closing Market Price) of fifteen percent (15%) of the Aggregate Merger Consideration (the "Indemnification Shares" or "Escrowed Consideration").
On the terms and subject to the satisfaction of the conditions contained in this Agreement, the closing of the sale and purchase of the LD Services Stock (the "Actual Closing") shall take place 15 business days after the completion and delivery to IXC-LD of the Deemed Closing Date Audit, in the offices of Riorxxx & XcKixxxx xxxmencing at 9:00 a.m., or at such other place, time and date as may be mutually agreed to by the parties.