Examples of Deemed Closing Date in a sentence
Financial statements for Company as of the Deemed Closing Date will be prepared based upon the assumption that Company's profit and loss for the month in which the Deemed Closing Date occurs will be allocated between Purchaser and Stockholders based upon the number of days in the month that each owned or is deemed to have owned the Company Stock.
Notwithstanding the immediately preceding sentence, the Closing Documents shall be dated as of the actual Closing Date, not the Deemed Closing Date; and the term "Closing Date", for all purposes other than those described in the immediately preceding sentence, shall be the actual Closing Date and not the Deemed Closing Date.
LD Services shall not make or declare any distributions or dividends with respect to any of LD Services' stock between the Deemed Closing Date and Actual Closing Date.
The parties shall endeavor to resolve any disagreements relating to the Cash Report by the end of the second calendar month following the month in which the Deemed Closing Date occurs.
Figure 9 shows the steps of the proposed design framework to represent, enumerate and categorize unique spatial topologies of a 3D system (assuming inter-component connectivity is fixed).
Nothing contained in this Section 4.06 shall prevent the Company or any Restricted Subsidiary from (A) restricting the sale or other disposition of property or assets of the Company or any of its Restricted Subsidiaries that secure Indebtedness of the Company or any of its Restricted Subsidiaries or (B) creating, incurring, assuming or suffering to exist any Liens otherwise permitted pursuant to the indenture relating to the 1997 Senior Notes as in effect on the Deemed Closing Date.
LD Services shall not have more than $100,000 in cash or cash equivalents on the Deemed Closing Date.
On the terms and subject to the satisfaction of the conditions contained in this Agreement, the closing of the sale and purchase of the LD Services Stock (the "Actual Closing") shall take place 15 business days after the completion and delivery to IXC-LD of the Deemed Closing Date Audit, in the offices of Riorxxx & XcKixxxx xxxmencing at 9:00 a.m., or at such other place, time and date as may be mutually agreed to by the parties.
Buyer shall bear 100% of the cost of the audit of the financial statements as of and for the period ending on the Deemed Closing Date referred to in this Section, and Seller shall bear 100% of the cost of the audit of all other financial statements and information referred to in this Section.
Nothing contained in this Section 4.06 shall prevent the Company or any Restricted Subsidiary from (i) restricting the sale or other disposition of property or assets of the Company or any of its Restricted Subsidiaries that secure Indebtedness of the Company or any of its Restricted Subsidiaries or (ii) creating, incurring, assuming or suffering to exist any Liens otherwise permitted under Section 4.09 of the March 1997 Senior Notes Indenture as in effect on the Deemed Closing Date.