Initial Closing definition

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

Initial Closing shall have the meaning set forth in Section 2.1.

Initial Closing means the closing of the purchase and sale of the Common Stock pursuant to Section 2.1.

Examples of Initial Closing in a sentence

• Receipt by each Lender of satisfactory documentary evidence of either (a) the payment of insurance premiums on or before the Initial Closing Date or (b) the concurrent payment on the Initial Closing Date, in each case, sufficient to ensure that the Borrower’s flood insurance policy is in full force and effect as of the Initial Closing Date.

• As of the Upsize Closing Date, neither Xxxxxxx has incurred Subordinated Debt since the Initial Closing Date and no Subordinated Debt is outstanding.

• The Intercreditor Agent shall have received copies of any Material Project Agreements and required material Permits entered into or issued after the Initial Closing Date, to the extent not previously delivered by the Borrower to the Intercreditor Agent.

• All Existing Letters of Credit shall be deemed to have been issued pursuant hereto, and from and after the Initial Closing Date shall be subject to and governed by the terms and conditions hereof.

• Solely for purposes of this sub-clause (iv), “FATCA” shall include any amendments made to FATCA after the Initial Closing Date.

More Definitions of Initial Closing

Initial Closing shall have the meaning set forth in Section 3.1.

Initial Closing shall have the meaning specified in Section 7.2(a) hereof.

Initial Closing means the date of the initial sale of shares of the Company’s Series C Preferred Stock pursuant to the Purchase Agreement.

Initial Closing means the first closing of the Offering that will occur after the Minimum Offering is achieved.

Initial Closing means the first Closing.

Initial Closing shall have the meaning assigned thereto in the Master PSA.

Initial Closing has the meaning set forth in the Purchase Agreement.