Examples of Advance Closing in a sentence
At the Subsequent Advance Closing (as hereinafter defined), each Purchaser shall pay to the Company the U.S. dollar amount set opposite such Purchaser’s name in the Subsequent Advance Schedule of Purchasers hereof by wire transfer of immediately available U.S. dollar funds to the bank account designated in writing by the Company to each Purchaser prior to the Subsequent Advance Closing.
Each Closing shall take place on the applicable Advance Closing Date.
Without derogating from the generality of the foregoing, prior to the Advance Closing Date, the Company shall obtain the TASE Approval evidencing the consent of the TASE, to the listing of the Shares on the TASE.
Concurrently with or immediately following the Subsequent Advance Closing, each of the Company and the Purchasers shall execute and deliver the Note(s) purchased pursuant to Section 2 hereof to which it is party.
The Subsequent Advance Closing shall take place remotely via the exchange of documents and signatures or at such location as may be mutually acceptable by the parties.
Prior to delivering any Advance Notice hereunder, and subject to the provisions of Sections 6.02 and 6.03, the Company shall publish a Shelf Prospectus, and shall use it best efforts to cause the Shelf Prospectus or any subsequent Shelf Prospectus to be effective as of each Advance Closing Date.
Agent shall have received from counsel to any new Property-Owning Borrower joining this Agreement on such Advance Closing Date its legal opinion in form and substance satisfactory to Agent, as to corporate matters.
On the terms and subject to the conditions of this Agreement, at the Advance Closing, the Company shall issue to Advance, 7,250 shares of Series A Preferred for a purchase price of $1,000 per share.
The Swing Line Advances will then be made available to Borrower by Swing Line Lender by crediting the account of Borrower on the books of Swing Line Lender (“Swing Line Advance Closing Date”).
No amendment of any provision of this Agreement shall be effective prior to the Advance Closing.