Examples of Call Right Closing Date in a sentence
The Optionee will pay the Call Purchase Price for the Shares by check or by wire transfer of immediately available funds on the Call Right Closing Date.
Buyer will pay the Call Purchase Price for the Call Shares to the Shareholder by wire transfer of immediately available funds in lawful U.S. currency on the Call Right Closing Date.
In exchange for such Call Shares, on the Call Right Closing Date, the Buyer (or its permitted assignee) will pay the Call Purchase Price for the applicable Call Shares (by Setoff or in cash by wire transfer of immediately available funds, as applicable, at the Buyer’s sole and exclusive discretion) on such Call Right Closing Date to an account designated by the Company to Buyer in writing.
On the applicable Call Right Closing Date, the Company and/or Timios (as applicable) shall deliver to the Buyer certificates representing the applicable Call Shares, accompanied by stock powers and all necessary stock transfer taxes paid and stamps affixed, if necessary, against receipt of the Call Purchase Price.
The Company shall give the Holder at least 10 days’ written notice of the date of closing (the " Call Right Closing Date").
On the Call Right Closing Date the Managing Member shall pay the Call Right Purchase Price for the Purchased Units by wire transfer of immediately available funds to one or more accounts of the Selling Non-Managing Member[s] as designated by the Selling Non-Managing Member[s] by notice to the Managing Member not later than two (2) Business Days prior to the Call Right Closing Date.
Until the first Call Right Closing Date, the Company: (a) is restricted from any corporate restructuring, winding up, declaration of dividends; (b) shall allow for a representative of the Optionee to attend and observe any meeting of the Board; and (c) shall use its best efforts to maintain its reporting issuer status and timely file requisite government filings.
Alon Paramount shall pay the aggregate Unit Purchase Price for the Option Units that Alon Paramount elects to purchase (such aggregate amount being the “Call Purchase Price”) by wire transfer of immediately available funds on the Call Right Closing Date.
The Company will use commercially reasonable efforts to pay the Call Purchase Price for the Call Warrants by certified or official bank check or by wire transfer of immediately available funds on the Call Right Closing Date.
The closing of any such transactions shall take place no later than 60 days following delivery by Purchaser of a Call Exercise Notice, provided, (i) Purchaser shall give the Stockholders and the Company at least ten (10) days’ prior written notice of the date of closing (the “Call Right Closing Date”), and (ii) the Call Right Closing Date will be extended if the Call Option Period End Date is extended pursuant the first proviso to the definition of Call Option Period.