First Closing Amount definition

First Closing Amount has the meaning set forth in the Recitals.
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First Closing Amount has the meaning set forth in Clause 5.1.1.
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First Closing Amount means such amount that is the product of (i) the Purchase Price and (ii) that number of Common Shares purchased at the First Closing.
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Examples of First Closing Amount in a sentence

  • Pursuant to the Company’s Convertible Debentures due 2010 (the “Debentures”), within fifteen (15) days following the First Closing Date the Company will apply proceeds from the First Closing Amount to, among other things, redeem for cash all outstanding Debentures at a redemption price equal to 100% of the principal amount thereof, plus any accrued and unpaid interest thereon up to and including the date upon which the Debentures are redeemed.

  • On the date (the "First Closing Date") the Company receives the First Closing Amount, the certificates evidencing the Shares shall be released to the Investors (the "First Closing").

  • If the First Closing occurs, the Deposit shall be released from the Deposit Escrow Account and applied toward the First Closing Amount under Section 3.4(b)(i).

  • Unless other arrangements have been made with a particular Investor, upon such receipt by OMM of the certificates issuable to an Investor, such Investor shall promptly, but no more than one (1) Business Day thereafter, cause a wire transfer in same day funds to be sent to the account of the Company as instructed in writing by the Company, in an amount representing such Investor's First Closing Amount.

  • If the Final First Closing Purchase Price as finally determined under this Section 14.1 is more than the First Closing Amount, then Purchaser shall pay to Seller, within five (5) Business Days after the Final Determination Date with respect to the Final First Closing Purchase Price, the amount of such difference by wire transfer of immediately available funds to an account or accounts designated by Seller.

  • In the event that the elections of the Midland Principals to immediately redeem Units for the First Closing Amount do not in the aggregate satisfy the Minimum Unit Requirement, each Midland Principal will be deemed to elect to retain a pro rata number of Units based on the percentage allocations set forth on Schedule 2.2(c) to the Contribution Agreement sufficient in the aggregate to satisfy the Minimum Unit Requirement.

  • Seller and Purchaser shall negotiate in good faith to agree upon such First Preliminary Settlement Statement; provided, however, if the Parties are unable to agree upon and approve such settlement statement prior to Closing, the settlement statement provided by Seller shall constitute the final First Preliminary Settlement Statement used to determine the final First Closing Amount and First Closing Payment.

  • The Notes in an aggregate principal amount equal to the First Closing Amount will be represented by one or more global certificates in book-entry form and will be deposited on the First Closing Date, by or on behalf of the Company, with the Trustee as common depositary for Clearstream and Euroclear, or its designated custodian, and registered in the name of the Trustee.

  • First Closing Amount The consideration for the purchase of the Relevant Shares under the Share Purchase Agreement (the “First Closing Amount”) shall be an amount equal to the sum of US$6,020,000, which shall be satisfied by UCWeb SG and Alipay SG in cash in the respective proportions as set forth against each of their names in Table I above upon the date of the First Closing.

  • At the First Closing, the Company shall deliver to the Purchaser one or more global certificates representing the Notes, registered in such names and denominations as the Purchaser may request, against payment by the Purchaser of the First Closing Amount as the purchase price therefor by immediately available federal funds bank wire transfer to such bank account or accounts as the Company shall have beforehand designated to the Purchaser.


More Definitions of First Closing Amount

First Closing Amount. At the First Closing:
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First Closing Amount means such amount that is the product of (i) the Purchase Price and (ii) that number of Common Shares purchased at the First Closing. "Five Year Warrants" means, as to each Investor, a warrant to purchase Common Shares in the form attached hereto as Exhibit C.
Sample 1
First Closing Amount has the meaning given in Section 3(a).
Sample 1

Related to First Closing Amount

  • Closing Amount has the meaning set forth in Section 2.3.

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

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • 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.

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

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • First Closing has the meaning set forth in Section 2.1(a).

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

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

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

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Final Closing Indebtedness means the aggregate amount of Closing Indebtedness set forth in the Final Closing Statement.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;