Examples of Actual Closing Date in a sentence
At least three (3) days before the Actual Closing Date, Buyer and a representative of TNB LLC shall inspect the improvements and agree on a list of items, if any, which will be completed prior to closing (the “Punch List”).
Subject to the terms and conditions of this Agreement, on the Actual Closing Date, Purchaser shall pay Seller, by wire transfer of immediately available funds, an amount equal to $253,000,000 (the “Purchase Price”) plus interest thereon for the period from January 31, 2005 (the “Closing Date”) to (and excluding) the Actual Closing Date (as defined below), at the prime rate as quoted in the Money Rates Section of The Wall Street Journal (the “Prime Rate”).
The daily management of cash, payables and receivables by the Acquired Company from the Closing Date to the Actual Closing Date shall be subject to the provisions of Paragraph 30 of this Amendment, and shall not be subject to the covenants under Section 5.01.
Seller shall provide at least two weeks notice of the Actual Closing Date.
Subject to the terms and conditions of this Agreement, on the Actual Closing Date, Purchaser shall pay Seller, by wire transfer of immediately available funds, an amount equal to $565,000,000 (the “Purchase Price”) plus interest thereon for the period from January 31, 2005 (the “Closing Date”) to (and excluding) the Actual Closing Date (as defined below), at the prime rate as quoted in the Money Rates Section of The Wall Street Journal (the “Prime Rate”).
The daily management of cash, payables and receivables by the Acquired Company from the Closing Date to the Actual Closing Date shall be subject to the provisions of Paragraph 33 of this Amendment, and shall not be subject to the covenants under Section 5.01.
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.
At least three (3) days before the Actual Closing Date, Buyer and a representative of Traditional Neighborhood Builders, Inc.