Examples of French Closing in a sentence
If with respect to the French Shares Seller delivers an Acceptance Notice at or prior to Closing, the French Closing shall occur concurrently with and as part of the Closing pursuant to the terms and conditions of this Agreement and the French Sales Agreements.
Buyer and Seller shall cooperate in good faith to cause the benefits and rights and debts, liabilities and obligations of the French Branch to accrue to Buyer until the French Closing including, without limitation, the assumption by Buyer or its designee hereunder of any debts, liabilities or obligations which if existing or incurred on or before the Transfer Date would constitute Assumed Liabilities.
The Term Loans made on each of the French Closing Date and the Thai Closing Date shall initially be Alternate Base Rate Loans and, unless otherwise agreed by the Administrative Agent in its sole discretion, no Term Loan may be converted into or continued as a Eurocurrency Loan having an Interest Period in excess of one month prior to the date that is 60 days after the French Closing Date or the Thai Closing Date, as the case may be.
All such amounts will be paid with proceeds of Loans made on the French Closing Date and will be reflected in the funding instructions given by the Borrowers to the Administrative Agent on or before the French Closing Date.
For the avoidance of doubt, following the successful conclusion of the consultation process to be undertaken before the execution of the French Purchase Agreement, the French Closing and the Closing will be considered, for the purposes of this Agreement, as a sole and indivisible transaction.
The payment by Buyer of the French Purchase Price shall be made on the French Closing Date by irrevocable wire transfer of immediately available funds to the bank account designated by Seller at least two (2) days prior to the French Closing Date.
The Lenders and the Administrative Agent shall have ---- received all fees required to be paid, and all expenses for which invoices have been presented (including the reasonable fees and expenses of legal counsel), on or before the French Closing Date.
The Parties mutually agree that the amounts set forth as the Target Working Capital, Estimated Final Working Capital and Final Working Capital in the Purchase Agreement do not include the French Closing Working Capital; provided, that, the procedures set forth in Section 1.04 of the Purchase Agreement shall apply to the resolution of the French Closing Working Capital.
The Closing, the Deferred French Closing, if applicable, and each Deferred Local Market Closing, if applicable, shall take place at the Chicago office of Sidley Austin LLP, or such other location (and via any such medium) as the Parties otherwise agree.
A Delayed French Closing shall not result in any change to the consideration payable pursuant to the terms of this Agreement.