Final Closing Sale Right definition

Final Closing Sale Right means a KCN Investment Entity’s right to sell all of its Units to Hydro on the Final Closing Date, as provided in its KCN Financing Agreement, and described in subsection 4.6.3 of this JKDA.
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Final Closing Sale Right means the one time right of FLCNKII to sell only to Hydro all of FLCNKII’s Units on the Final Closing Date, subject to FLCNKII being in compliance with all of the Sale Conditions.
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Final Closing Sale Right means the one time right of the YFFNLP to sell only to Hydro all of the YFFNLP’s Units on the Final Closing Date, subject to the YFFNLP being in compliance with all of the Sale Conditions.
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Examples of Final Closing Sale Right in a sentence

  • The Final Closing Sale Right may only be exercised by FLCNKII giving a Notice of Sale to Hydro in the manner set out in section 4.4.

  • The purchase price for all of FLCNKII’s Units which are to be sold by FLCNKII, and purchased by Hydro pursuant to the exercise by FLCNKII of the Final Closing Sale Right shall be an amount equal to the sum of (a) and (b), where (a) is the aggregate of the FLCNKII Total Outstandings under the Credit Facilities plus all other amounts whatsoever owing by FLCNKII to Hydro under the FLCNKII Loan Documents, as of the closing date of the Sale and (b) is FLCNKII’s Invested Cash as of the closing date of the Sale.

  • FLCNKII shall be entitled to exercise the Final Closing Sale Right, in accordance with and subject to the terms and conditions of this FLCNKII Financing Agreement.

  • Upon the exercise of the Final Closing Sale Right, Hydro shall purchase all, and not less than all of FLCNKII’s Units from FLCNKII and FLCNKII shall sell all and not less than all of FLCNKII’s Units to Hydro in accordance with and subject to the terms and conditions of this FLCNKII Financing Agreement.

  • The Final Closing Sale Right may only be exercised by the CNPLP giving a Notice of Sale to Hydro in the manner set out in section 4.4.

  • The Final Closing Sale Right may only be exercised by the YFFNLP giving a Notice of Sale to Hydro in the manner set out in section 4.4.

  • The CNPLP shall be entitled to exercise the Final Closing Sale Right, in accordance with and subject to the terms and conditions of this CNPLP Financing Agreement.

  • Upon the exercise of the Final Closing Sale Right, Hydro shall purchase all, and not less than all of the CNPLP’s Units from the CNPLP and the CNPLP shall sell all and not less than all of the CNPLP’s Units to Hydro in accordance with and subject to the terms and conditions of this CNPLP Financing Agreement.

  • The YFFNLP shall be entitled to exercise the Final Closing Sale Right, in accordance with and subject to the terms and conditions of this YFFNLP Financing Agreement.

  • Upon the exercise of the Final Closing Sale Right, Hydro shall purchase all, and not less than all of the YFFNLP’s Units from the YFFNLP and the YFFNLP shall sell all and not less than all of the YFFNLP’s Units to Hydro in accordance with and subject to the terms and conditions of this YFFNLP Financing Agreement.


More Definitions of Final Closing Sale Right

Final Closing Sale Right means the one time right of the CNPLP to sell only to Hydro all of the CNPLP’s Units on the Final Closing Date, subject to the CNPLP being in compliance with all of the Sale Conditions.
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Related to Final Closing Sale Right

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

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Final Closing means the last closing under the Private Placement;

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

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

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

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

  • Closing Sale Price means, for any security as of any date, the last closing trade price for such security on the Principal Market, as reported by Bloomberg, or, if the Principal Market begins to operate on an extended hours basis and does not designate the closing trade price, then the last trade price of such security prior to 4:00:00 p.m., New York time, as reported by Bloomberg, or, if the Principal Market is not the principal securities exchange or trading market for such security, the last trade price of such security on the principal securities exchange or trading market where such security is listed or traded as reported by Bloomberg, or if the foregoing does not apply, the last trade price of such security in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no last trade price is reported for such security by Bloomberg, the average of the ask prices of any market makers for such security as reported in the “pink sheets” by OTC Markets Group Inc. (formerly Pink Sheets LLC). If the Closing Sale Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Closing Sale Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved in accordance with the procedures in Section 13. All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

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

  • Second Closing has the meaning set forth in Section 2.2.

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

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

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

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

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

  • Closing Sales Price means, for any security as of any date, the last sales price of such security on the principal trading market where such security is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Corporation if Bloomberg Financial Markets is not then reporting closing sales prices of such security) (collectively, “Bloomberg”), or if the foregoing does not apply, the last reported sales price of such security on a national exchange or in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no such price is reported for such security by Bloomberg, the average of the bid prices of all market makers for such security as reported in the “pink sheets” by the National Quotation Bureau, Inc., in each case for such date or, if such date was not a trading day for such security, on the next preceding date that was a trading day. If the Closing Sales Price cannot be calculated for such security on any of the foregoing bases, the Closing Sales Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Corporation, with the costs of such appraisal to be borne by the Corporation.

  • 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.

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

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Final Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Final Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Parent Closing Price means the average, rounded to the nearest one ten thousandth, of the closing sale prices of Parent Common Stock on the NYSE as reported by The Wall Street Journal for the five full NYSE trading days immediately preceding (but not including) the Effective Date.

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

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