Asset Closing Date definition

Asset Closing Date means the date on which the sale and purchase of the Target Assets takes place, or in other words, date on which the Target Assets are transferred to XJK and the registration of such transfer is completed in accordance with the procedures required by Applicable Laws.
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Asset Closing Date means the date on which the sale and purchase of the Target Assets takes place, or in other words, date on which the Target Assets are transferred to the Purchaser (or a third party designated by the Purchaser) and the registration of such transfer is completed in accordance with the procedures required by Applicable Laws and this Agreement.
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Asset Closing Date has the meaning set out in Section 12.1(d);
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Examples of Asset Closing Date in a sentence

  • It is also not unusual that gangs or cartels are involved in these informal recycling activities or open dumpsites operations.

  • The Target Company has all the necessary power, authority or qualification to own, lease and operate its property and assets and carry out the business it currently conducts, and its articles of association, business license and any other permits, licenses and qualifications are in full force and effect from the date of this Agreement through the Asset Closing Date.

  • For purpose of this Section 4.3 and Exhibit 2, any reference to the Purchaser shall include its subsidiaries subject to the merger, and the following representations and warranties shall be deemed to be repeated on the Asset Closing Date as if they were made on such date.

  • The Seller and the Guarantor have fully disclosed the capitalization structure of the Target Company as of the date of this Agreement and the Asset Closing Date, as set forth in Exhibit 1 hereto.

  • The project was prepared based on the assumptions that the Fund would acquire the Initial Assets on December 1, 2013 and the Fund would make payment of Baht 67,313.0 million (excluding value added taxes in relation to the Asset and Revenue Sale and Transfer Agreements) to True and its subsidiaries to illustrate what the financial condition and results of operations of the Fund might be at the Asset Closing Date.

  • The Seller and the Guarantor hereby jointly and severally represent and warrant to the Purchaser that for purpose of this Section 4.2, any and all references to the Target Company shall include all the subsidiaries subject to the merger, and the following representations and warranties shall be deemed repeated on the Asset Closing Date as if made at such time.

  • As of the date of this Agreement and the Asset Closing Date, the Target Assets represent approximately 65.4% of the Target Company’s share capital on a fully-diluted basis (assuming all the convertible bonds have been converted into shares).

  • Under the circumstances as described above and subject to the receipt of the Escrow Money in full in a Seller Account, the Purchaser shall have the right to request the Seller to proceed with the closing as described in Section 2.3 (2), in which case, the Asset Closing Date shall be the date on which such closing actually occurs.

  • The Parties agree and acknowledge, the Purchaser and the Seller shall jointly engage an accounting firm acceptable to the Parties and satisfying the requirements of regulatory authorities, and such accounting firm shall conduct a closing audit on the Target Assets within 20 Business Days after the Asset Closing Date, to determine the profit and loss to be enjoyed or assumed during the period.

  • Each of the Seller and the Guarantor shall have performed and complied with in material aspects all the undertakings that are required hereunder to be performed or complied with on or prior to the Asset Closing Date.

Related to Asset Closing Date

  • 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.

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

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

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

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

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

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

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

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

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

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

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

  • IPO Closing Date means the closing date of the IPO.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

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

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Anticipated Closing Date shall have the meaning set forth in Section 1.6(a).

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

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

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

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

  • Closing has the meaning set forth in Section 2.2.