Phase 2 Closing Date definition

Phase 2 Closing Date shall have the meaning set forth in Section 1.3(a).

Phase 2 Closing Date has the meaning set forth in the preamble.

Phase 2 Closing Date means the date on which all of the conditions precedent set forth in Section 4.1 hereof have been satisfied or waived.

Examples of Phase 2 Closing Date in a sentence

• In addition, each Legacy Owner agrees that it shall restate its representations and warranties to AHC that the applicable statements with respect to such Legacy Owner set forth in this Article V are true and correct as of each of the Phase 2 Closing Date and the Phase 3 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 2 Closing Date and Phase 3 Closing Date, as applicable, pursuant to Section 8.2(a)(v).

• In addition, QHPC agrees that it shall restate its representations and warranties to AHC that the applicable statements set forth in this Article III are true and correct as of each of the Phase 2 Closing Date and the Phase 3 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 2 Closing Date and Phase 3 Closing Date, as applicable, pursuant to Section 8.2(a)(v).

• In addition, AHC agrees that it shall restate its representations and warranties to the Legacy Owners and Quartz Parent Entities that the applicable statements set forth in this Article II are true and correct as of each of the Phase 2 Closing Date and the Phase 3 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 2 Closing Date and Phase 3 Closing Date, as applicable, pursuant to Section 8.1(a)(iii).

• QHC hereby represents and warrants to AHC that the statements set forth in this Article IV are true and correct as of the date hereof and shall be true and correct as of the Phase 2 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 2 Closing Date pursuant to Section 8.2(a)(v).

• The Ceding Company and the Reinsurer agree that the Existing IMR Amount and the Transaction IMR Amount, in each case, in respect of the Phase 2 Reinsured Policies as of the Phase 2 Closing Date shall be calculated by the Ceding Company and ceded to the Reinsurer.

• On the Phase 2 Closing Date, Buyer shall transfer to each Ceding Company the Estimated Claims Amount for (i) the Monthly Accounting Period beginning on the Phase 2 Closing Date and (ii) the Monthly Accounting Period immediately following the Monthly Accounting Period beginning on the Phase 2 Closing Date, in each case, without duplication of the payment of any such amounts paid pursuant to the Reinsurance Agreements.

• On the Phase 2 Closing Date, Buyer shall transfer Permitted Investments (as defined in the Cover Trust Agreement) in an amount equal to the Phase 2 Cover Trust Amount to the PLC Trust Account.

• The draft CAPER for 2010 was available for public comment for 30 days, beginning October 18, 2010 and extending through the close of the business day on November 19, 2010.

• The Phase Purchase Price for Phase 2 of each of the IRU Links shall be payable in full on the Phase 2 Closing Date.

• If any of the foregoing conditions in this Section 4.1 have not been fulfilled by the Phase 1 Closing Date or the Phase 2 Closing Date, as applicable, the Purchasers may elect not to complete the purchase of the Phase 1 Units or Phase 2 Units, as applicable, by notice in writing to the Company.

More Definitions of Phase 2 Closing Date

Phase 2 Closing Date has the meaning set forth in Section 8.01(b).

Phase 2 Closing Date means the later of (i) 10 Business Days following the date on which the Company receives the Phase 2 Notice and (ii) 10 Business Days following the date of satisfaction or waiver of all conditions precedent provided in Sections 4.1 and 4.2;

Phase 2 Closing Date the Phase 2 Closing Date and the Phase 1 Closing Date are referred to herein each as, a “Closing Date”).