Closing 2 definition

Closing 2 means the second completion of the sale and purchase of the System in accordance with clause 6;
Closing 2 means the second completion of the sale and purchase of the System and System Assets in accordance with clause 6;

Examples of Closing 2 in a sentence

  • The Initial Stock Award shall vest as follows: (1) 25% of such award shall vest immediately at Closing; (2) 75% of such award shall vest in equal one-third increments on each of the first three anniversaries of the Closing (25% per year).

  • If Lessor Defaults prior to Closing 2, then the Leased Premises shall be as set forth on Exhibit C-1, and Lessor and Lessee agree to convey Coal Rights to one another, as the case may be in order to achieve this result.

  • Exhibit A shall be updated in the following manner (as referred to in the Purchase Agreement) upon the Applicable Closing in the Purchase Agreement: At Closing 2, in accordance with Schedule A-1 attached hereto.

  • The Commission shall pay (or cause to be paid): (1) all real estate taxes and assessments becoming a lien against the Property prior to the Property Closing; (2) any installments of real estate taxes payable during the year in which the Property Closing occurs; and (3) so much of the current year taxes as shall be allocable to Commission by proration (based upon the number of days in the year in which the Property Closing occurs prior to and including the Property Closing).

  • The Promissory Note: (1) shall be due on the first anniversary of the Top-Up Closing; (2) shall bear simple interest of 5% per annum, payable in arrears at maturity; (3) shall be fully recourse to Purchaser and Parent; (4) may be prepaid, in whole or in part, at any time without premium or penalty; and (5) shall have no other material terms.

  • In the application, fire departments applying for SAFER Grants will be asked general questions about their organization and community, as well as questions specific to the proposed project.

  • After the conclusion of Closing 2, the Parties will have the following rights and obligations.

  • The Articles of Incorporation of Silverthorne and all amendments thereto to date, certified by the Secretary of State of the State of Colorado, and the by-laws of Silverthorne, as amended to date, certified by Silverthorne's Secretary or Assistant Secretary, (1) shall be delivered to ITHC at the First Closing, (2) are true, complete and correct and (3) have not been further amended subsequent to the date of delivery of such documents.

  • The Parties shall implement and give effect to certain agreed actions pursuant to the OS Alternative Option Agreement on the NR Closing 2 Date.

  • The closing for the said transaction will happen in accordance with Closing 2.

Related to Closing 2

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

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

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

  • 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.

  • Closing has the meaning set forth in Section 2.2.

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

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

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

  • 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.

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing 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.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

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

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

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

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

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

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

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

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

  • 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.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date and that portion of any Straddle Period ending on the Closing Date.