Closing Meeting definition
Examples of Closing Meeting in a sentence
At the Closing Meeting, the Company shall deliver a certification of its corporate secretary to the effect that the number of shares of Company Common Stock and the number of Options outstanding as of the Closing Date is consistent with the representations made in Section 5.3.2.
That aggregate purchase price shall be payable by Avmin to ARMI at the Closing Meeting against delivery of the ARMI Harmony Shares and the ARM Consortium Debt to Avmin, and the completion of all the other matters to be completed at the Closing Meeting in accordance with clause 7 below.
Closing Meeting The Closing Meeting is to summarise the findings of the audit, discuss any actual or suspected/potential non-conformities and clarify any issues that have arisen from the audit.
On completion of the Closing Meeting, possession and effective control, and, all risk in and all benefit attaching to the Sale Shares shall be deemed to have passed to Purchaser with effect from the Second Closing Date.
The Closing Meeting shall be chaired by a Director nominated by IM.
If any of the Parties hereto does not perform any of the Closing Actions set forth in Section 12 at the date of the Closing Meeting then, (i) in the case of a non-performance of the Purchasers, the Sellers shall be entitled to jointly withdraw from this Agreement by written notice to the Purchasers and, (ii) in the case of non-performance by any Seller, the Purchasers shall be entitled jointly to withdraw from this Agreement by written notice to the Sellers with immediate effect.
At the Third Closing Pre- --------------------------- Closing Meeting, Telenor shall deliver written notice (the "Telenor Third Closing Notice of Intention") to VIP and the Issuer stating whether (and to what extent) it intends to exercise its Third Closing Telenor Option.
Those reports must include a meeting before commencement of the Audit, a Closing Meeting with the Commission requesting a briefing or within and such longer periodother intermediate updates as the Commission may allowreasonably requires.