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.