Equity Closing Date definition

Equity Closing Date has the meaning set forth in Section 2.1.2(a).
Equity Closing Date means the Closing Date (as defined in the Investment Agreement).
Equity Closing Date means any date after July 15, 1998 on which WMF ------------------- Group receives the proceeds of the sale of any issuance of its capital stock (other than any conversion of Subordinated Debt to capital stock) or any Borrower receives proceeds of the issuance of any Subordinated Debt, excluding, however, WMF Group's receipt of the proceeds of the sale of $1,250,000 of its common stock to Greenwich Capital Markets, Inc. ("GCM") in December, 1998, and $1,250,000 of its common stock to GCM in January, February or March, 1999.

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.

  • 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.

  • 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.

  • No Legal Proceeding shall have been instituted or threatened before a court or other Governmental Entity to restrain or prohibit or materially delay any of the transactions contemplated hereby, and the Company shall have delivered to Purchaser a certificate from the Secretary of the Company, dated the Equity Closing Date, to such effect.

  • Each of the First Unit Closing, the Second Unit Closing, if any, and the Common Equity Closing, if any, shall take place at the offices of Company Counsel, 0000 Xxxxxxx Xxxxxx, Xxxx Xxxx, Xxxxxxxxxx 00000, on the First Unit Closing Date, Second Unit Closing Date and Common Equity Closing Date, respectively, or at such other locations or remotely by facsimile transmission or other electronic means as the parties may mutually agree.

  • The Company will be required to redeem all of the outstanding Preference Shares, at a redemption price equal to the Liquidation Preference, payable in cash on the eighth anniversary of the Equity Closing Date.

  • At least ten (10) days prior to the expected Equity Closing Date, the Company shall prepare and deliver to Parent a written statement, dated as of the date of delivery, setting forth the Company’s good faith estimate of the Company Debt, the Closing Costs and the Purchase Price Adjustment as of the Equity Closing Date, prepared in reasonable detail as requested by Parent (the “Closing Statement”) in the form of Exhibit B.

  • MNG shall have delivered to Hearst an officer’s certificate, dated as of the Equity Closing Date and duly executed, in form and substance reasonably satisfactory to Hearst, to the effect that the conditions set forth in Section 7.3(e) and Section 7.3(f) have been satisfied.


More Definitions of Equity Closing Date

Equity Closing Date shall have the meaning set forth in Section 2.17.
Equity Closing Date means the date of the closing of the Equity Purchase.

Related to Equity Closing Date

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

  • 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.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

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

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

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

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

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

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

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

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

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

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

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

  • 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.

  • Outside Closing Date means the date which is 365 days after the earlier of the Firm Closing Date; or Second Tentative Closing Date; or such other date as may be mutually agreed upon in accordance with section 4. “Property” or “home” means the home including lands being acquired by the Purchaser from the Vendor. “Purchaser’s Termination Period” means the 30-day period during which the Purchaser may terminate the Purchase Agreement for delay, in accordance with paragraph 10(b).

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Financial Closing Date means the date of signing of the initial agreements for any Financing of the Facility.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

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

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

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

  • Shares Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such; provided that, if such Person is determined not to have become an Acquiring Person pursuant to Section 1(a) hereof, then no Shares Acquisition Date shall be deemed to have occurred.