Asset Closing definition

Asset Closing means the “Closing” as defined in the Asset Purchase Agreement.
Asset Closing means the consummation of the transactions contemplated by the Asset Purchase Agreement.

Examples of Asset Closing in a sentence

  • The contributions, transfers and Closing Advance described above shall be made on or prior to the closing date established pursuant to the Purchase Agreement for the applicable Approved Core Asset Investment (as such date may be extended in accordance with the applicable Purchase Agreement or pursuant to Section 3.3Section 3.3, the “Core Asset Closing Date”).

  • The Borrower Representative shall (i) promptly notify Administrative Agent upon the establishment of the Core Asset Closing Date to the extent a date certain is not specified in the applicable Purchase Agreement, (ii) provide Administrative Agent with drafts of acquisition and Senior Mortgage Loan settlement statements, as such drafts become available and (iii) submit a final Funding Request once such settlement statements are finalized.

  • As of each Transferred Asset Closing Date, SPV hereby represents and warrants to the Issuer that none of the Transferred Assets transferred by SPV on such date has been sold, transferred, assigned or pledged by SPV to any Person other than the Issuer.

  • The consummation of each transfer contemplated by Section 2.2 shall take place on the related date of such transfer (the "Additional Closing Date" and, together with the Initial Closing Date, the "Transferred Asset Closing Dates").

  • Second, Taxes for the Tax Period from the Cutoff Date through the Asset Closing Date shall be computed by prorating the activities of the calendar month which includes the Asset Closing Date on a daily pro rata basis.

  • After the Asset Closing, to the extent SunGard Data or its Subsidiaries previously has received or receives any mail or packages addressed and delivered to SunGard Data or its Subsidiaries that relates to the SMS Business, the Maintenance Business, the Company or its Affiliates, SunGard Data shall promptly deliver such mail or packages to Parent.

  • At any time prior to the Asset Closing, the Parties may (a) extend the time for the performance of any of the obligations or other acts of the other Parties, (b) waive any inaccuracies in the representations and warranties contained in this Agreement or in any document delivered pursuant to this Agreement or (c) waive compliance with any of the agreements or conditions contained in this Agreement.

  • At the Working Asset Closing, each of the parties shall sell to the Company their respective inventories of plant food and crop protection products which can reasonably be marketed by the Company.

  • This obligation shall cease to apply to DVS upon the occurrence of later to occur of the IP Closing and the Asset Closing, provided however that confidential information concerning Hyundai's other businesses shall be kept confidential.

  • The representations, warranties and covenants of SPV and of the Issuer set forth in this Agreement shall remain in full force and effect and shall survive each Transferred Asset Closing Date under Article II hereof and any related transfer under the other Transaction Documents.


More Definitions of Asset Closing

Asset Closing means completion of the purchase and sale of the applicable Transferred Assets and the assumption of the applicable Assumed Liabilities in accordance with Section 12.1, and for clarity, one or more Asset Closings may take place under this Agreement to complete the purchase and sale of all of the Transferred Assets and assumption of all of the Assumed Liabilities;
Asset Closing means the transfer of the Assets by Degerstrom to MASA and NAD, and the payment by MASA and NAD to Degerstrom of the Purchase Price therefor and the completion of all matters incidental thereto;

Related to Asset Closing

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

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

  • 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.

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

  • Closing has the meaning set forth in Section 2.2.

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

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

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

  • 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.

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

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

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

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

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

  • Merger Closing means the “Closing” as defined in the Merger Agreement.

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

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

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

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

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

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

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