Initial Closing Date Payment definition

Initial Closing Date Payment means an amount equal to the product of (i) Estimated Monsoon Closing Date Net Cash multiplied by (ii) 2/3, as adjusted pursuant to Section 3.01(c) and Section 3.01(d).
Initial Closing Date Payment shall have the meaning set forth in Section 1.3(b).

Examples of Initial Closing Date Payment in a sentence

  • If the Initial Closing Statement is not delivered to LivaNova within ninety (90) calendar days after the Initial Closing Date, then LivaNova will have the right to elect that LivaNova’s estimates set forth in the Estimate Report will constitute the amounts for the Adjusted Initial Closing Date Payment and will be final, conclusive and binding upon, and non-appealable by, the parties hereto.

  • If the Initial Closing Statement is not delivered to LivaNova within ninety(90) calendar days after the Initial Closing Date, then LivaNova will have the right to elect that LivaNova’s estimates set forth in the Estimate Report will constitute the amounts for the Adjusted Initial Closing Date Payment and will be final, conclusive and binding upon, and non-appealable by, the parties hereto.

  • If the Initial Closing Statement is not delivered to LivaNova within ninety(90) calendar days after the Initial Closing Date, then LivaNova will have the right to elect that LivaNova’s estimates set forth in the Estimate Report will constitute the amounts for the Adjusted Initial Closing Date Payment and will be final, conclusive and binding upon, and non-appealable by, the parties hereto.(b) O bje ctions; Resolution of Disputes.

  • If the Initial Closing Statement is not delivered to LivaNova within ninety (90) calendar days after the Initial Closing Date, then XxxxXxxx will have the right to elect that XxxxXxxx’s estimates set forth in the Estimate Report will constitute the amounts for the Adjusted Initial Closing Date Payment and will be final, conclusive and binding upon, and non-appealable by, the parties hereto.

Related to Initial Closing Date Payment

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

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

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

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

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

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

  • 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.

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

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

  • 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.

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

  • Closing Date Term Loan has the meaning set forth in Section 2.4(a).

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

  • Subsequent Closing has the meaning set forth in Section 3.2.

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

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

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

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

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

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

  • 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.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

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

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