Delayed Closing definition

Delayed Closing has the meaning set forth in Section 2.6.
Delayed Closing means a delay in the CLM RTS cut-off and RTGS RTS II cut-off (scheduled for 18:00).
Delayed Closing means, in respect of a Delayed Business, completion of the transfer of legal ownership of that Delayed Business to the Purchaser in accordance with this Schedule;

Examples of Delayed Closing in a sentence

  • If the Purchaser does not provide written notice of termination within such 30-day period then the Purchase Agreement shall continue to be binding on both parties and the Delayed Closing Date shall be the date set under paragraph 3(c), regardless of whether such date is beyond the Outside Closing Date.

  • The new Critical Dates are calculated by adding to the then next Critical Date the number of days of the Unavoidable Delay Period (the other Critical Dates changing accordingly), provided that the Firm Closing Date or Delayed Closing Date, as the case may be, must be at least 10 days after the day of giving notice unless the parties agree otherwise.

  • Either the Vendor or the Purchaser may request in writing an earlier Firm Closing Date or Delayed Closing Date, and the other party’s consent to the earlier date shall not be unreasonably withheld.

  • In setting the Delayed Closing Date (or new Delayed Closing Date), the Vendor shall comply with the requirements of section 3, and delayed closing compensation shall be payable in accordance with section 7.

  • If the Purchaser for his or her own purposes requests a change of the Firm Closing Date or the Delayed Closing Date, then subparagraphs (b)(i), (iii) and (iv) above shall not apply.


More Definitions of Delayed Closing

Delayed Closing has the meaning given in Schedule 22 (Delayed Businesses);
Delayed Closing shall have the meaning set forth in Section 8.5.
Delayed Closing has the meaning given to it in Schedule 25;
Delayed Closing has the meaning set forth in Section 11.18.
Delayed Closing means the closing of a transaction identified in reasonable detail on Schedule 1.1(a) attached hereto. Designated Proceeds — see Section 6.1.2(a).
Delayed Closing. If Closing shall not have occurred on or before 3:00 p.m.,CST, December 31, 1998, for any reason whatsoever, including, but not limited to, because a Party has sought dispute resolution under the arbitration, or other dispute resolution provisions, hereunder prior to Closing, then Unocal may, in its sole discretion, elect to terminate this Agreement. If Unocal elects to terminate this Agreement for failure of this condition in this Section 8.12, it shall be treated as a termination by mutual consent of both Parties hereunder.
Delayed Closing. In the event that the first Closing has been delayed pending satisfaction of the IRS Closing Condition, then the first Closing shall take place on the day that is five business days following the satisfaction of such IRS Closing Condition (the "Delayed Closing") at the Company's offices at the address and time set forth above and the Company shall deliver a Closing Notice to NAIRI and NAI no later than two business days prior to the Delayed Closing. At the Delayed Closing, the Seller shall deliver to the Company the Acquired Shares in respect of each prior Applicable Month for which a Closing had been delayed and the Company shall pay the Seller the Purchase Price for such Acquired Shares.