Business Closing Date definition

Business Closing Date shall have the meaning set forth in section 4.06(a)(ii) of this Agreement.
Business Closing Date has the meaning set forth in Section 10.1 of this Agreement.
Business Closing Date means the date on which the Business ceases operations in Edmonton or the Counties of Leduc, Parkland, Strathcona, Xxxxxxxx, and the City of St. Xxxxxx.

Examples of Business Closing Date in a sentence

  • Sellers shall be solely responsible for the payment of any and all Taxes, including for the preparation of the Tax returns and ancillary obligations, which are based on the activities of the BPC Business due by the Companies, until the Business Closing Date.

  • GM shall release Delphi and the Business Optionor from any liabilities and obligations relating to the period commencing after the applicable Business Closing Date in connection with any production obligations under any applicable Purchase Orders or supply contracts to GM relating to the Unsold Business.

  • In addition, GM shall in writing notify Delphi of the identity of the Business Optionees as promptly as practicable, but in any event, at least 45 days prior to the applicable Business Closing Date.

  • No action, suit or proceeding will have been commenced between the date of this Agreement and the Business Closing Date against Sellers, Buyer, the Companies or their respective Affiliates, which has resulted in the issuance of an injunction or other equitable remedy preventing the Parties from consummating the transactions set forth in this Agreement.

  • Subject to the terms and conditions set forth herein, on the Business Closing Date, Sellers shall sell, assign, transfer and deliver to Buyer, in exchange for the Closing Novita Shares Purchase Price, as described in Section 4.1, and Buyer, on its side, shall acquire from Sellers all, and not less than all, of the Novita Shares with all which they represent, free and clear of any and all Liens.

  • Except as otherwise provided in this Agreement, the BPC Business shall not have on the Business Closing Date any off balance sheet obligations, undisclosed debt, obligation or liability, whether due or maturing, disclosed or not, contingent, outstanding or of any other nature.

  • The Companies have no and, on the Business Closing Date, will have no direct or indirect subsidiaries, provided that Novita shall hold all of the Savoy Shares prior to the Business Closing Date.

  • All representations and warranties made by Buyer in Section 13 of this Agreement shall be true, precise and correct in all material respects as from the date hereof and on the Business Closing Date, as if they were made on the Business Closing Date.

  • In the event that an Unsold Business Option with respect to the Global Steering Business is not exercised on or before December 31, 2010, or if such option has been exercised but the Business Closing Date with respect to the Global Steering Business has not occurred on or before December 31, 2010, the Unsold Business Option relating to the Global Steering Business shall terminate.

  • For the avoidance of doubt, the Fundamental Representations shall not be subject to any materiality carve-out and shall be true, precise and correct in all respects as from the date hereof and on the Business Closing Date.


More Definitions of Business Closing Date

Business Closing Date shall have the meaning set forth in section 4.06(a)(ii) of this Agreement. Section 1.33 “Business Optionee” shall have the meaning set forth in section 4.06(a)(i) of this Agreement. Section 1.34 “Business Optionees” shall have the meaning set forth in section 4.06(a)(i) of this Agreement. Section 1.35 “Business Optionor” shall have the meaning set forth in section 4.06(a)(i) of this Agreement. Section 1.36 “Business Outside Date” shall have the meaning set forth in section 4.06(a)(vi) of this Agreement. Section 1.37 “Business Transaction” shall have the meaning set forth in section 4.06(a)(i) of this Agreement. Section 1.38 “Brookhaven Facility” shall mean the facility located at 000 Xxxxxxxxxx Xxxx Xxxx, Xxxxxxxxxx, Xxxxxxxxxxx 00000. Section 1.39 “BTAB Process” shall have the meaning ascribed to such term in section 4.03(b) of this Agreement. Section 1.40 “Cancellation Claims” shall have the meaning ascribed to such term in section 8.06(a) of this Agreement. Section 1.41 “Capital Procurement Agreement” shall mean the Capital Procurement Agreement, dated June 5, 2007, between GM and Delphi. Section 1.42 “Capital Procurement Payment” shall mean the amount due from Delphi to GM under that certain Capital Procurement Agreement dated June 5, 2007 pursuant to Delphi’s purchase of the New Tooling and Equipment (as defined in the Capital Procurement Agreement) from GM in connection with a sale of the Sandusky Business. MRA-6

Related to Business 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.

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

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

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

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

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

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

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

  • 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).

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

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

  • Closing Date means the date on which the Closing occurs.

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

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

  • 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.

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

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

  • Financial Closing Date means the date of the closing of the initial agreements for any Financing of the Facility and of an initial disbursement of funds under such agreements.

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

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

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

  • 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.

  • Closing has the meaning set forth in Section 2.2.

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

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

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