Examples of Alternative Closing Date in a sentence
However, if all of the conditions to the Closing as set forth in Article VIII have not been fulfilled by July 15, 2001 the parties by mutual agreement, in writing may select another place, time or date following July 15, 2001 for the Closing to occur (the "Alternative Closing Date").
The Purchaser understands that if the Company does not become a Reporting Issuer by or before the Alternative Closing Date, its ownership of the Securities may be subject to up to a 12 month Restricted Period as defined in Rule 902(m) of Regulation S.
The representations and warranties of the Buyers and the Sellers which are set forth in this Agreement or any instrument executed pursuant to this Agreement are independent of the other provisions of this Agreement and will survive the Closing Date or the Alternative Closing Date, the transactions contemplated by this Agreement and any termination of the same for a period of one year therefrom.
The closing date in such event will be mutually agreed upon by the parties (the "Alternative Closing Date") (the Primary and Alternative Closing Dates are collectively referred to herein as the "Closing Date").
If none of the Closing Date, the Alternative Closing Date or the Competition Trigger Date occurs on or before June 30, 2017, this Agreement shall terminate and be of no further force or effect.
If the Company does not satisfy the conditions for becoming a Reporting Issuer by or before January 15, 1997, the closing date in such event will be mutually agreed upon by the parties (the "Alternative Closing Date") (the Primary and Alternative Closing Dates are collectively referred to herein as the "Closing Date").
The Purchasers understand that if the Company does not become a Reporting Issuer by or before the Alternative Closing Date, its Share ownership may be subject to up to a 12 month Restricted Period as defined in Rule 902(m) of Regulation S.
With respect to a Change of Control Closing or an Alternative Closing only, the representations and warranties made by Purchaser in Section 4 hereof shall be true and correct in all material respects as of the Change of Control Closing Date or the Alternative Closing Date, as appropriate.
The procedures related to the preparation, review, dispute resolution, and finalization of the Alternative Closing Date Statutory Capital Statement and the Alternative Closing Date Statutory Capital Amount shall be the same as those applicable to the Closing Date Statutory Capital Statement and the Closing Date Statutory Capital Amount (the final statement reflecting such finalized alternative calculations, the “Final Alternative Statutory Capital Statement”).
On the Alternative Closing Date the Purchasers shall deliver payment of the Purchase Price to the Company or its appointed agent and the Company shall deliver the Share certificates to the Purchasers with appropriate Regulation S restrictive legends.