Offering Closing Date definition
Examples of Offering Closing Date in a sentence
The Depositor and the Issuer agree to notify the Escrow Agent in writing of the closing date of the offering (the "Offering Closing Date") and whether or not the Issuer received subscriptions for the Minimum Subscription Amount.
In addition, the Issuer or Depositor shall calculate the interest earned on each Subscriber Investment Amount as of the Offering Closing Date and provide such information to the Escrow Agent.
The aggregate of all Subscriber Investment Amounts and interest thereon shall be equal to the amount of the Escrow Fund on the Offering Closing Date.
Patents Included in other noncurrent assets at September 30, 2019 and December 31, 2018 are capitalized patent costs as follows: September 30,December 31,2019 Amortization expense for the three and nine months ended September 30, 2019 and 2018 are $5,409 and $16,228 and $4,183 and $14,741, respectively.
All such certificates, legal opinions and other instruments shall be held in escrow by Xxxxxx, X'Xxxxxxx, XxXxxxxx & Xxxxxx, LLP between the Merger Closing and the Effective Time and shall be released from escrow concurrently with the Effective Time on the Public Offering Closing Date.