Purchase and Sale Closing definition
Examples of Purchase and Sale Closing in a sentence
Except as contemplated by this Agreement, since December 31, 1999, there has been no (a) Holdings Material Adverse Effect or (b) action taken by Holdings or any Holdings Subsidiary which, if taken from the date hereof through the Purchase and Sale Closing, would violate Section 5.4(b) through (k).
On the Closing Date, at the Purchase and Sale Closing, Parent shall pay the Purchase Price to Premier Education by wire transfer of immediately available funds into an account designated by Premier Education.
The Company shall pay such reimbursement on the earlier of the expiration of this Agreement or promptly following the Purchase and Sale Closing.
If for any reason the Merger fails to occur but the Purchase and Sale Closing contemplated by Article II has already taken place, then each of the parties hereto shall promptly take all such actions as are necessary to unwind the purchase and sale of the PE Shares at the Purchase and Sale Closing and restore each such party to the position it was in as if the Purchase and Sale Closing had not occurred.
USRealty hereby agrees on its own behalf and on behalf of Holdings, effective as of the Purchase and Sale Closing, to the matters set forth in paragraph 1(iv) of the Xxxx Letter Agreement.
Pursuant to the Purchase Agreement, effective as of the Purchase and Sale Closing Date, Supplier acquired from LESCO the Purchased Assets and will now commence to manufacture and distribute the Products for LESCO (and other products for others) pursuant to this Agreement.
From and after the Purchase and Sale Closing, SCGI shall make available such funds as may be necessary to defray the reasonable costs and expenses of the liquidation of USRealty pursuant to the Plan of Liquidation, and which are not otherwise available to USRealty or the Liquidator.
USRealty shall, and shall cause Holdings to, prior to the Purchase and Sale Closing, cooperate with SCGI and take all such actions as SCGI may reasonably request in order to afford SCGI from and after the Purchase and Sale Closing the rights and benefits of USRealty and/or Holdings under the agreements, arrangements and understandings with the Persons in which Holdings holds investments.
The Company shall give the Investor at least ten (10) days’ written notice of the date of the Purchase and Sale Closing (the “Purchase Right Closing Date”).
Prior to the Purchase and Sale Closing Date, LESCO used the Purchased Assets to manufacture and distribute the Products for its own account.