Examples of Equity Closing Date in a sentence
Commencing after the expiration of 12 months following the Alternative Equity Closing Date (as hereinafter defined), but not prior thereto, the shares of Series A Preferred Stock shall be convertible, in whole or in part, at the option of the holder thereof and upon notice to the Corporation as set forth in Subsection 4(b), into fully paid and nonassessable shares of Common Stock and such other securities and property as hereinafter provided.
The Parties acknowledge and agree that as of the Initial Equity Closing Date, the Properties situated in Belgium and Switzerland shall constitute Deferred Assets for purposes of this Agreement.
The Company shall have delivered to such Purchaser a certificate, dated as of the Common Equity Closing Date and signed by its Chief Executive Officer or its Chief Financial Officer, certifying to the fulfillment of the conditions specified in Sections 5.5(a), (b), (d), (e) and (f) in the form attached hereto as Exhibit H.
On or prior to the Equity Closing Date, the Company and Snap shall negotiate in good faith and execute a Stock Transfer Agreement governing the transfer of the Shares, which agreement shall contain standard representations, warranties, covenants and other terms and conditions reasonably satisfactory to both Snap and the Company.
As provided in SECTION 9.2 and SECTION 9.3, $2,500,000 of the Year One AT Fee and $2,500,000 of the Year One Media Fees shall all be payable to Snap in shares of the Company's Common Stock (the "Shares"), valued at $10.00 per Share, on November 3, 1999, or such later date as Snap and the Company shall mutually agree (the "Equity Closing Date").
On the Equity Closing Date, the Company agrees to execute and deliver to Snap a registration rights agreement reasonably acceptable to Snap that provides Snap with piggyback registration rights that are subject to the limitations on priority of registration permitted under the Company's existing registration agreements.
Transfer Restrictions: Until the fifth anniversary of the Equity Closing Date, each of the Executive Shareholders (as defined in Exhibit C) will not sell or transfer more than 0.25% of his or her outstanding Common Stock in each quarter, other than gifts to his family members.
Such Purchaser shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions required by the Transaction Documents to be performed, satisfied or complied with by such Purchaser at or prior to the Common Equity Closing Date.
The Payment Statement shall be subject to review by Parent and Parent shall give notice of any exceptions regarding the Payment Statement no later than two (2) days prior to the Equity Closing Date and in the absence of any such notice the Payment Statement as delivered by the Company shall be conclusive and binding upon the Parties for purposes of the Equity Closing.
And in the large-scale solar segment, multilateral development banks, aid agencies, and private sector interventions from OECD and non-OECD countries (including China and Middle Eastern countries) are being witnessed.