Phase III Closing definition

Phase III Closing means completion of the sale and purchase by BGL (or any of its Affiliates) of all Relevant Securities not already owned by it on the Phase III Closing Date;
Phase III Closing means the --------------------- consummation of the Phase III Transaction set forth in Section 3.8. The Phase III Closing shall take place on the "Phase III Closing Date" at the principal offices of the Final JV Entity or another location mutually agreed upon. The capitalization of the Final JV Entity shall reflect the Ownership Ratio on the Phase III Closing Date.
Phase III Closing shall occur on or before December 21, 2020 (the “Phase III Closing Date”).” As used in the Agreement and this Third Amendment: (a) the term “Closing” shall mean and refer to the Phase I Closing, the Phase II Closing and/or the Phase III Closing as applicable and as the context may require; (b) the term “Closing Date” shall mean and refer to the Phase I Closing Date, the Phase II Closing Date and/or the Phase III Closing Date as applicable and as the context may require; and (c) the term “Phase” shall mean and refer to Phase I, Phase II and/or Phase III as applicable and as the context may require.

Examples of Phase III Closing in a sentence

  • The entire Deposit of Three Million Seven Hundred Fifty Thousand and No/100 Dollars ($3,750,000.00) shall be non-refundable to Purchaser except upon (i) the occurrence of any event or circumstance described in Sections 8, 10, 11, 29(p) or 29(q) of the Original Agreement that requires the payment of the Deposit to Purchaser, or (ii) Purchaser terminating the Agreement on or before the Phase III Closing pursuant to Section 5 of this Eighth Amendment (each, an "Eighth Amendment Deposit Refundability Event").

  • The Phase III Net Cost Adjustment Report (i) shall be prepared from the Seller’s books and records in accordance with GAAP, consistently applied, and (iii) shall be delivered to Ethanex no later than one (1) day after the Phase III Closing Date.

  • A closing certificate in such form as the parties may agree, executed by Ironstate, in which Ironstate certifies to Owner that all representations and warranties made by Ironstate in Section 4.1 of this Agreement are true and correct as of the Phase III Closing Date.

  • A closing certificate in such form as the parties may agree, executed by Owner, in which Owner certifies to Ironstate that all representations and warranties made by Owner in Section 4.2 of this Agreement are true and correct as of the Phase III Closing Date.

  • Prior to the Phase III Closing, Seller shall (i) cause the Necessary Permits to be assigned to the Association, and (ii) amend the Master Declaration of record to require the Association to keep the Necessary Permits active until all of Osceola Corporate Center has been developed.

  • On the Phase III Closing Date, Seller shall cause a physical inventory to be taken of the Inventory by employees or representatives of Seller.

  • The Phase III Inventory Adjustment Report (i) shall be prepared from the Seller’s books and records in accordance with GAAP, consistently applied, and (ii) shall be delivered to Ethanex no later than five (5) days after the Phase III Closing Date.

  • The form of the License shall be approved by the parties prior to the expiration of the Phase I and II Inspection Period, but such License shall (A) provide that TBC will not be required to pay any rental or license fee during the term thereof and (B) have a term that commences on the Phase III Closing Date and terminates upon the earlier of (i) TBC vacating the Additional Land or (ii) June 21, 2021, at which time TBC shall relinquish possession of the Additional Land to the purchaser of Phase III.

  • At the Phase III Closing and in reliance upon the representations, warranties and agreements and subject to the terms and conditions set forth in this Agreement, Seller shall sell, assign, transfer, convey and deliver to Phase III Buyer, free and clear of all Liens, other than Permitted Encumbrances, and Phase III Buyer shall purchase and accept from Seller, all of Seller’s right, title and interest in and to, including all proceeds therefrom, all Phase III Assets.

  • Seller shall set forth the value of the Inventory as of the Phase III Closing Date in a report (the “Phase III Inventory Adjustment Report” and together with the Phase I Inventory Adjustment Report and the Phase II Inventory Adjustment Report, the “Inventory Adjustment Reports”).


More Definitions of Phase III Closing

Phase III Closing means the consummation of the Phase III Transaction set forth in Section 3.6. The Phase III Closing shall take place on the “Phase III Closing Date” at the principal offices of VisEra Cayman or another location mutually agreed upon. The capitalization of VisEra Cayman shall reflect the Ownership Ratio on the Phase III Closing Date.
Phase III Closing means the closing of the Exchange or the Initial Exchange as contemplated in the Agreement of Exchange or the Trust Agreement of Exchange, respectively, as the case may be.
Phase III Closing has the meaning ascribed to it in Section 6.7 of the Agreement.

Related to Phase III Closing

  • Phase III means Phase I (or Phase I/II), Phase II (or Phase II/III) and Phase III clinical trials, respectively, in each case as prescribed by applicable FDA IND Regulations, or any corresponding foreign statutes, rules or regulations.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • 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.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

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

  • Second Closing has the meaning set forth in Section 2.2.

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

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

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

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

  • First Closing has the meaning set forth in Section 2.1(a).

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

  • Phase II Study means a study in humans of the safety, dose ranging or efficacy of a product, as further defined in 21 C.F.R. § 312.21(b) (or the equivalent thereof outside the United States).

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

  • 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.

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

  • Final Closing means the last closing under the Private Placement;

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

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

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

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • 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.

  • Phase III Study means a human clinical trial that is prospectively designed to demonstrate statistically whether a product is safe and effective for use in humans in a manner sufficient to obtain regulatory approval to market such product in patients having the disease or condition being studied as described in 21 C.F.R. § 312.21(c) (FDCA), as amended from time to time, and the foreign equivalent thereof.

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

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

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