Examples of Phase 1 Closing Date in a sentence
Each Legacy Owner represents and warrants on behalf of itself to AHC that the statements set forth in this Article V with respect to such Legacy Owner are true and correct as of the date hereof and shall be true and correct as of the Phase 1 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended by each Legacy Owner prior to the Phase 1 Closing Date pursuant to Section 8.2(a)(v).
QHPC hereby represents and warrants to AHC that the statements set forth in this Article III are true and correct as of the date hereof and shall be true and correct as of the Phase 1 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 1 Closing Date pursuant to Section 8.2(a)(v).
AHC hereby represents and warrants to the Legacy Owners and the Quartz Parent Entities that the statements set forth in this Article II are true and correct as of the date hereof and shall be true and correct as of the Phase 1 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 1 Closing Date pursuant to Section 8.1(a)(iii).
On the Phase 1 Closing Date, QHPC shall issue to AHC fifteen percent (15%) of the aggregate outstanding Class A Membership Rights of QHPC free and clear of all Liens.
The Class A Membership Rights of QHPC issued to AHC on the Phase 1 Closing Date shall have limited management and consent rights specific to AHC as set forth in the Phase 1 Related Agreements.
Subject to the satisfaction of the conditions set forth in Article VII, the consummation of Phase 1 (the “Phase 1 Closing”) shall take place on the Phase 1 Closing Date at the time and in the manner which the Parties may agree in writing.
On the Phase 1 Closing Date, the Parties shall enter into the Phase 1 Related Agreements.
Provided that the Conditions Precedent in Article 2 have all been satisfied or waived by the applicable benefited Party, City shall convey Parcel 3 to LPC West, or an entity of which LPC West is a partner or member, and LPC West shall purchase Parcel 3 from City by the Phase 1 Closing Date, all on the terms and conditions set forth in this Section 3.2 and elsewhere in this Agreement.
Seller has incurred no obligations relating to the installation of or connection to any sanitary sewers or storm sewers which shall be enforceable against the Property, and, to the extent that Seller is obligated to do so, all public improvements ordered, advertised, commenced or completed prior to the Phase 1 Closing Date shall be paid for in full by Seller prior to the Phase 1 Closing Date.
Provided that the Conditions Precedent in Article 2 have all been satisfied or waived by the applicable benefited Party, City shall convey Parcel 3 to LPC West, or an entity of which LPC West is a partner or member, and LPC West shall purchase Parcel 3 from City by the Phase 1 Closing Date, all on the terms and conditions set forth in this Section 3.2 and in this Agreement.