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 has the meaning ascribed to it in Section 6.7 of the Agreement.

Examples of Phase III Closing in a sentence

  • Section 7(a) of the Original Agreement (as amended) is amended to provide that the Phase III Closing Date shall be a date mutually agreeable to Purchaser and Seller that is on or before the date that is sixty (60) days after the Third Additional Deposit Date.

  • The Phase III Closing Documents shall be in the same form as those entered into at the Phase I and Phase II Closings.

  • 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.

  • Purchaser has the right, upon at least ten (10) days’ prior written notice to Seller, to elect to acquire the Replat 33 Parcels (as defined below) at an interim Closing (the “Interim Closing”) on a date that is prior to the Phase III Closing Date (the “Interim Closing Date”) for a purchase price of Four Million Nine Hundred Twenty-Three Thousand Six Hundred Seventy-Six and 68/100 Dollars ($4,923,676.68) (the “Interim Purchase Price”).

  • In the event the Healthy Way Documents have been executed prior to the Phase III Closing (but not the Interim Closing, if any), then at the Phase III Closing, Deerfield shall assign its rights in and to the Healthy Way Documents to the Purchaser of Phase III (or applicable portion(s) thereof, or remaining portion(s) thereof if there has been an Interim Closing, as designated by Purchaser) (the “Assignment of Healthy Way Documents”).

  • In the event that the same has not been accomplished by the Phase III Closing Date, then such obligation shall survive the Phase III Closing.

  • The closing of Phase I shall occur on or before December 31, 1997 (the "Phase I Closing"), the closing of Phase II shall occur on or before March 31, 1998 (the "Phase II Closing") and the closing of Phase III shall occur on or before June 30, 1998 (the "Phase III Closing"); provided, however, that ESL will be given an opportunity to review the business and financial milestones set forth on Exhibit "F" before proceeding with each Phase of the Private Placement.

  • The executed JV Agreement shall be placed in escrow with Team Bank or such other escrow agent as is mutually agreed upon by Ethanex and MRE on the Phase I Closing Date and either (i) shall be released and become effective on the first to occur of a failure of the condition set forth in Section 9(c)(iii) and Section 9(d)(iii) or (ii) shall be destroyed by the Escrow Agent upon the occurrence of the Phase III Closing.

  • Ethanex will use its commercially reasonable efforts to coordinate the start-up of the Fractionation Plant with the start-up of the Phase II facility and to reach full capacity at the time of the Phase III Closing.

  • Owner shall have performed all other covenants, undertakings and obligations, and complied with all conditions required by this Agreement, to be performed or complied with by Owner at or prior to the Phase III Closing.


More Definitions of Phase III Closing

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 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.
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.

Related to Phase III Closing

  • Phase III means human clinical trials, the principal purpose of which is to establish substantial evidence of both safety and efficacy in patients with the disease or condition being studied, as more fully defined in 21 C.F.R. §312.21(c) or similar clinical study in a country other than the United States. Phase III shall also include any other human clinical trial intended to serve as a pivotal trial to support the submission of an application for regulatory approval.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • 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 human clinical trial, for which the primary endpoints include a determination of dose ranges and/or a preliminary determination of efficacy in patients being studied as described in 21 C.F.R. § 312.21(b) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • 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 “Closing Date” as defined in the Acquisition Agreement.

  • 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.