Closing Date Holder definition

Closing Date Holder means the holder of a Claim as of the Closing Date.
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Closing Date Holder means that Person (including its Affiliates) who, as of the Closing Date, owns more than ten percent (10%) of the Capital Stock of the Borrower entitled to vote in the election of members of the board of directors (or equivalent body) of the Borrower.
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Examples of Closing Date Holder in a sentence

  • When a Disputed Unsecured Claim becomes an Allowed Claim, the Closing Date Holder of such Claim shall be entitled to distributions of Class 5 Distribution Shares or, if the holder is a Validly Electing Holder, Cash Election Payment Amounts in the amounts and at the times provided in Article V and this Article X.

  • On the Closing Date, Holder shall deduct the first monthly payment of principal, interest and redemption premium due under this Debenture from the proceeds due to the Company from the purchase of this Debenture.

  • As provided in Section 5.5, each Closing Date Holder of an Allowed Claim that is an Eligible Allowed Unsecured Claim validly electing the Cash Election shall receive in satisfaction, release and discharge of and in exchange for such holder's Eligible Allowed Unsecured Claim, cash in an amount equal to $0.1843 (subject to reduction as provided below) for each $1.00 of such Claim.

  • Debtor may, in its discretion, treat a beneficial owner of Senior Subordinated Notes through a nominee as a "holder," including treating such a beneficial owner on the Record Date as the Record Date Holder and treating such a beneficial owner on the Closing Date as the Closing Date Holder.

  • Anytime after the Closing Date, Holder is entitled to convert the face amount of this Debenture, plus accrued interest, into Common Stock at the lesser of (a) $0.72 or (b) seventy percent (70%) of the average of the lowest three (3) day bid prices as reported by Bloomberg, LP for the twenty day period prior to the Conversion Date (each being referred to as the Conversion Price).

  • On or before the Closing Date, Holder shall deliver to the Company (a) certificates representing the Holder’s Preferred Shares, and (b) Holder’s Warrants, and the Company shall deliver to Holder in book entry form the total number of shares of restricted Common Stock of the Company as set forth on Schedule A annexed hereto.

  • On each Closing Date, Holder shall (i) pay to Issuer, in immediately available funds by wire transfer to a bank account designated by Issuer, an amount equal to the Purchase Price multiplied by the number of Option Shares to be purchased on such Closing Date, and (ii) present and surrender this Agreement to the Issuer at the address of the Issuer specified in Section 13(f) hereof.

  • Pursuant to Section 5(l) of the Original Warrant, effective as of the Initial Closing Date, Holder and Company waive the 4.99% ownership limitation set forth in Section 2(e) of the Original Warrant.

  • Anytime after the Closing Date, Holder is entitled to convert the face amount of this Debenture, plus accrued interest, into Common Stock at the lesser of (a) $0.72 or (b) seventy percent (70%) of the average of the lowest three (3) day bid prices as reported by Bloomberg, LP for the twenty day period prior to the Conversion Date (each being referred to as the "Conversion Price").

  • Prior to the Closing Date, Holder shall instruct its broker or other participant in the Fast Automated Securities Transfer Program of The Depository Trust Company (“DTC”) to transfer and deliver the Exchange Notes to the Trustee for purposes of cancellation.

Related to Closing Date Holder

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

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

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • 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.

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

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

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

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

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

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

  • Closing Date Term Loan has the meaning set forth in Section 2.4(a).

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

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

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

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • 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.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

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

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

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

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

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

  • Initial Borrower has the meaning specified in the preamble hereto.

  • Closing Date Acquisition Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.