Examples of Primary Closing in a sentence
Real estate value skyrocketed with the result being many peasants choosing to sell their land to Zionist settlers, leaving many Palestinians landless.
Notwithstanding anything in this Agreement to the contrary, if the Company has not secured the Shareholder Approval within 30 days of the Primary Closing Date, Merck Global Health Innovation Fund, LLC’s obligations in respect of the Secondary Closing shall terminate.
Upon satisfaction of the covenants and conditions set forth in Sections 2.2(a), 2.2(b) and 2.3, the Primary Closing shall occur at 11:00 a.m., New York City time, on the Primary Closing Date, at the offices of EGS or such other location as the parties shall mutually agree.
The balance of the portion of the Purchase Price payable for the Assets conveyed at the Primary Closing will be paid by Purchaser to the Selling Parties by wire transfer of immediately available funds to the Escrow Agent at the Primary Closing.
Purchaser and LodgeWorks will enter into a Loaned Employees Agreement at the Primary Closing for the purpose of providing additional transition resources to Purchaser.
As of the Primary Closing Date or any subsequent Closing Date, as applicable, the Title Company will have issued or will have irrevocably committed to issue the Title Policies subject only to Permitted Title Exceptions.
Primary Closing price – pegs to the current day’s closing price on the primary listing market of the relevant financial instrument.
The Primary Closing for all of the Assets other than the Delayed Closing Hotel will occur on either August 31, 2011, or the last business day of another month on or before October 31, 2011, as specified in a notice from Purchaser to the Selling Parties (provided such notice will be delivered no later than 14 days prior to such indicated Closing Date) but in no event later than October 31, 2011, or such other date as reasonably agreed to by the parties (the “Primary Closing Date”).
Except as provided in the Escrow Agreements, the Deposit is non-refundable and upon the Primary Closing will be credited against the Purchase Price.
All decisions in this matter that could involve action or payments by the ITER Organization shall be taken by the Director-General, who has a discretionary power in assessing the circumstances of the case, what form the assistance should take and what compensation, if any, should be granted.