Backstop Closing Date definition

Backstop Closing Date shall have the meaning set forth in Section 3.2(b).
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Backstop Closing Date means the Trading Day upon which all conditions precedent to (i) the Purchasers’ obligations to pay the Backstop Subscription Amount and (ii) the Company’s obligations to deliver the Backstop Shares have been satisfied or waived.
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Backstop Closing Date means the date on which the Backstop Closing shall occur and as set forth by the Company to the Backstop Investors in the Backstop Notice.
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Examples of Backstop Closing Date in a sentence

  • This Agreement may be terminated at any time prior to the Backstop Closing Date, by the mutual written consent of the Company and the RJB Purchaser; provided, however, that in such event the Company shall repurchase the September PIPE Securities from the Salzberg Purchaser for the September PIPE Investment Amount.

  • The Company shall notify the Purchasers in writing at least one (1) Trading Day prior to the anticipated Backstop Closing Date of the Backstop Subscription Amount as finally determined by the Company based on the results of the Rights Offering.

  • The Registration Statement and the Prospectus, at the time the Registration Statement becomes effective and as of the closing date of the Rights Offering and the Backstop Closing Date, will comply as to form in all material respects with the applicable requirements of the Securities Act and the Exchange Act and the rules and regulations of the SEC thereunder.

  • As soon as reasonably practicable after the Rights Offering Expiration Date and at least three (3) Business Days prior to the Backstop Closing Date, the Company will give the RJB Purchaser notice of the Rights Offering Securities purchased in the Rights Offering and the number of Backstopped Securities to be purchased hereunder by the RJB Purchaser and the aggregate price therefor.

  • On or prior to the Backstop Closing Date, each Purchaser shall deliver or cause to be delivered to the Company such Purchaser’s Pro Rata Portion of the Backstop Subscription Amount.

  • The representations and warranties of the Company in Section 3(b), Section 3(d), Section 3(e), Section 3(f), Section 3(k) and Section 3(gg) shall be true and correct as of the date hereof and as of the Backstop Closing Date as if made as of such date.

  • The representations and warranties of the Company in Section 3(c) shall be true and correct, except for de minimis inaccuracies, as of the date hereof and as of the Backstop Closing Date as if made as of such date (except for representations and warranties made as of a specified date, which shall be true and correct, except for de minimis inaccuracies, as of such specified date).

  • The representations and warranties of the Company in Section 3(a) shall be true and correct in all material respects as of the date hereof and as of the Backstop Closing Date as if made as of such date.

  • The Company shall deliver such New Notes to the Investors at least one (1) Business Day prior to the Backstop Closing Date to be held in escrow until the Backstop Closing Date with such escrow arrangements to be mutually satisfactory to the Company and the Investors.

  • The Prospectus, as of its date, did not and, as of the Backstop Closing Date, will not, and as of the dates of any amendments or supplements thereto, will not, include any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading.


More Definitions of Backstop Closing Date

Backstop Closing Date has the meaning set forth in Section 2.6 below.
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Backstop Closing Date means, subject to the satisfaction or waiver of the conditions set forth in Section 7(b), the date that is five (5) Business Days after the Rights Offering Expiration Date, or such other date as may be agreed to by the Company and the RJB Purchaser.
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Backstop Closing Date means the Closing Date, as such term is defined in the Backstop Purchase Agreement.
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Related to Backstop 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.

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

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

  • 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.

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

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

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

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

  • 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.

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

  • Outside Closing Date means the date which is 365 days after the earlier of the Firm Closing Date; or Second Tentative Closing Date; or such other date as may be mutually agreed upon in accordance with section 4. “Property” or “home” means the home including lands being acquired by the Purchaser from the Vendor. “Purchaser’s Termination Period” means the 30-day period during which the Purchaser may terminate the Purchase Agreement for delay, in accordance with paragraph 10(b).

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

  • 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.

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

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

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

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

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

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

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

  • 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.

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

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