Preliminary Closing Date definition

Preliminary Closing Date means such date as the consideration for this Agreement is transferred to the Escrow Agent pursuant to the terms of Article 3 of the Agreement as amended hereby, which date shall not be later than September 30, 1998. 1.27. "Preliminary Closing" shall mean the transaction at which the consideration provided for by the Agreement will be delivered to the Escrow Agent subject to the terms of the Escrow Agreement. 1.28. "Effective Date" shall be September 1, 1998.
Preliminary Closing Date has the meaning ascribed thereto in Section 2.2 herein. “Prime Rate” means on any day, the rate of interest per annum then most recently established by SunTrust Bank (a Georgia banking corporation) as its “prime rate.” Any such rate is a general reference rate of interest, may not be related to any other rate, and may not be the lowest or best rate actually charged by SunTrust Bank to any customer or a favored rate and may not correspond with future increases or decreases in interest rates charged by other lenders or market rates in general, and SunTrust Bank may make various business or other loans at rates of interest having no relationship to such rate. If SunTrust Bank ceases to exist or to establish or publish a prime rate from which the Prime Rate is then determined, the applicable variable rate from which the Prime Rate is determined thereafter shall be instead the prime rate reported in The Wall Street Journal (or the average prime rate if a high and a low prime rate are therein reported), and the Prime Rate shall change without notice with each change in such prime rate as of the date such change is reported.
Preliminary Closing Date has the meaning set forth in Section 2.01(e)(iii).

Examples of Preliminary Closing Date in a sentence

  • The execution, delivery and performance by the Agency of this Agreement on the Preliminary Closing Date and the issuance, execution and delivery of the Series 2019A Bonds as of the Final Closing Date have been duly authorized by all necessary action of the Agency’s governing body, and all action on its part required for the lawful execution, delivery and performance thereof has been duly taken.

  • The Agency agrees to pay on the Preliminary Closing Date the fees and expenses of legal counsel to the Lender in an amount not to exceed $9,500.


More Definitions of Preliminary Closing Date

Preliminary Closing Date means the later of (i) twenty-one days from the date first written above and (ii) the date on which all of the conditions set forth in Article XII except for the condition set forth in Section 12.11 have been satisfied; provided, that for the purpose of clause (ii) any condition requiring that a document or certificate be delivered shall be deemed to be satisfied if the Company provides the Buyer with an executed but undated copy of such document or certificate on the Interim Closing Date and any condition in respect of any action that can only be taken on the Closing Date shall be deemed satisfied if the Company completed as much of such action as is practicable by the Interim Closing Date and has provided reasonable assurance of its ability to complete the required actions as of the Closing Date.
Preliminary Closing Date shall be the Business Day (Werktage) following the day on which all of the Closing Conditions (as defined in Section 6.2 below) have been fulfilled or waived or any other day as agreed between the Parties; and

Related to Preliminary Closing Date

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

  • 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.

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

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

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

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

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

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

  • Preliminary Approval Date means the date the Preliminary Approval Order has been executed and entered by the Court.