Advance Closing definition

Advance Closing means one of the closings of a purchase and sale of Common Stock pursuant to Section 2.1.
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Advance Closing has the meaning set forth in Section 3.1.
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Advance Closing means consummation of the transactions contemplated herein to occur on the Advance Closing Date, including execution and delivery of all documents and other consideration required to be executed, delivered and paid on the Advance Closing Date as provided in this Agreement, including the Debenture.
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Examples of Advance Closing in a sentence

  • 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.

  • 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.

  • The First Advance Lender agrees to make the First Advance to the Borrower in accordance with the First Advance Commitment on the First Advance Closing Date.

  • Each Closing shall take place on the applicable Advance Closing Date.

  • On or prior to the First Advance Closing Date, the Borrower shall deliver to the Agent a written notice setting forth (a) the Restricted Account to which the Agent is authorized to transfer the proceeds of the First Advance requested by the Borrower, and (b) the names of the officers authorized to request the First Advance on behalf of the Borrower, and shall provide the Agent with a specimen signature of each such officer.

  • The right of the Company to deliver an Advance Notice is subject to the fulfillment by the Company, on such Advance Notice Date as well as on the applicable Advance Closing Date (each a “Condition Satisfaction Date”), of each of the following conditions.

  • 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 Debt Service Coverage Ratio --------------------------- projected for the twelve (12) month period immediately following the Subsequent Advance Closing Date and calculated using an interest rate of 9.25% shall be no less than 1.40.

Related to Advance Closing

  • First Closing has the meaning set forth in Section 2.1(a).

  • Second Closing has the meaning set forth in Section 2.2.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Final Closing means the last closing under the Private Placement;

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Second Closing Date means the date of the Second Closing.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Closing has the meaning set forth in Section 2.2.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Loan Closing means the date on which an executed Loan Agreement between the Trust and a Borrower is delivered pursuant to this Bond Resolution.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Additional Closing Date has the meaning set forth in Section 3.

  • Acquisition Closing Date means the “Closing Date” as defined in the Acquisition Agreement.