Phase I Closing definition

Phase I Closing has the meaning given such term in Section 2.1.

Phase I Closing has the meaning set forth in Section 3.01(a).

Phase I Closing as used herein, means the timely delivery to each of the specified Parties of the documents, instruments, and other items due from any of the Parties to any of the other Parties pursuant to Section 5 of this Agreement, duly executed and otherwise in a form and manner that enable the transactions contemplated in this Agreement to be effective and/or consummated.

Examples of Phase I Closing in a sentence

• There must not be in effect any Law or Judgment that would prohibit or make illegal the consummation of the transactions relating to the Phase I Closing contemplated by this Agreement or cause the transactions relating to the Phase I Closing contemplated by this Agreement to be rescinded following consummation.

• As of the date hereof, Charlesbank has sufficient funds available to timely fund its obligations in connection with the Phase I Closing.

• The AmeriGas Agreement described in Section 17 with respect to the AmeriGas Easements shall have been obtained prior to the Phase I Closing.

• The Company’s exposure was transferred to the Buyer upon the completion of the Phase I Closing (see Note 2).

• In preparation for Closing on the original Phase I Closing Date, Tupperware Brands Corporation caused the letter of credit required by the Lease (the “Letter of Credit”) to be issued.

More Definitions of Phase I Closing

Phase I Closing. The consummation of the sale and delivery of the Phase II Assets to the Phase II Buyer and the Loop Real Property to RE LLC and the receipt of the consideration therefor by payment as provided in this Article 4 shall constitute the “Phase II Closing.” The consummation of the sale and delivery of the Phase III Assets to the Phase III Buyer and the receipt of the consideration therefor by payment as provided in this Article 4 shall constitute the “Phase III Closing” (which together with the Phase I Closing and the Phase II Closing shall be the “Closings”) Unless otherwise agreed by the parties or unless this Agreement shall be terminated pursuant to the terms hereof, each of the Closings shall take place at 10:00 a.m., local time, at the offices of Xxxxxxxx & Xxxxx LLP, 000 00xx Xxxxxx, XX, Xxxxxxxxxx, XX 00000, or such other place as is mutually and reasonably acceptable to the Seller and Ethanex, and shall occur on the date that is three (3) Business Days following satisfaction or waiver of all of the conditions to the applicable Closing set forth in Articles 9 and 10, other than those conditions which by their terms may only be satisfied on the respective Closing Date. The date on which the Phase I Closing actually occurs shall constitute the “Phase I Closing Date,” the date on which the Phase II Closing actually occurs shall constitute the “Phase II Closing Date,” and the date on which the Phase III Closing actually occurs shall constitute the “Phase III Closing Date”; provided, that in no event shall the Phase III Closing occur prior to the Phase II Closing.

Phase I Closing means the closing of the Refinancing.

Phase I Closing means the completion ------------------- of all of TSMC's and OmniVision's contributions to the capital of NEWCO set forth in Section 3.1. The Phase I Closing shall take place on the "Phase I Closing Date" at the principal offices of NEWCO. Within a reasonable time after the Phase I Closing, TSMC and OmniVision shall use their commercially reasonable efforts to apply to the relevant government authorities of the ROC for requisite approval of capital increase relating to Phase II (as defined below).

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

Phase I Closing has the meaning ascribed to it in Section 6.1 of the Agreement.

Phase I Closing means the closing of the sale of the Units offered during the Phase I Financing, including, without 15 limitation, the initial closing which shall occur on June 30, 1997 and each subsequent closing which shall occur on subsequent dates chosen by the General Partner.

Phase I Closing means the closing of the Domestic Cellular Transactions to be closed upon satisfaction or waiver of all conditions set forth in SECTION 6.2(a) of this Organization Agreement.