Examples of Reorganization Closing in a sentence
All acts taking place at the closing of a Reorganization ("Closing") shall be deemed to take place simultaneously as of immediately prior to the opening of regular trading on the NYSE on the Closing Date of that Reorganization unless otherwise agreed to by the parties (the "Closing Time").
All acts taking place at the closing of a Reorganization ("Closing") shall, subject to the satisfaction or waiver of the conditions in this Agreement, be deemed to take place simultaneously as of the later of 7:01 p.m. Eastern time or the finalization of the applicable Target Fund's net asset value on the Closing Date of that Reorganization, unless otherwise agreed to by the parties (the "Closing Time").
On the Reorganization Closing Date the Company will deliver or cause to be delivered to the New Company a sublease for the premises from which the Pharmaceutical Business is conducted, substantially in the form of Exhibit D attached hereto (the "Sublease").
Unless the Investment Companies agree otherwise, all acts necessary to consummate the Reorganization ("Closing") shall be deemed to occur simultaneously as of immediately before the opening of business (9:30 a.m., Eastern Time) on November 12, 2012 ("Effective Time").
The Interim Financial Statements do not include all of the information and disclosures required in the annual audited consolidated financial statements and should be read in conjunction with Northland’s 2016 annual audited consolidated financial statements and March 31, 2017 unaudited interim condensed consolidated financial statements.These Interim Financial Statements are presented in Canadian dollars and all values are presented in thousands except where otherwise indicated.
For purposes of Sections 4.2(b), 4.3(b), 5.4(b), 6.1, 7.7, 7.10, 7.15, 7.16 and 7.17(b) and Article 8 (as described in Section 6.7(b)) to the extent applicable in connection with any Delayed Reorganization Jurisdiction, all references to the Closing or the Closing Date shall be deemed to be references to the applicable Delayed Reorganization Closing.
Neither Xxxxxx nor any of the Continuing Affiliates shall have any Liability to New Mylan or any of its Affiliates arising out of the management or operation of the Business after the Closing and pending the Delayed Reorganization Closing in any Delayed Reorganization Jurisdictions other than for gross negligence or willful misconduct.
Any Delayed Reorganization Closing shall occur no later than thirty (30) days after receipt of all required Consents, the resolution of all applicable Orders, the expiration of all mandatory waiting periods and the completion of all required notifications to and consultations and negotiations with works councils, unions, labor boards, employee groups and Governmental Authorities, or at such time as the Parties may mutually agree upon in writing.
On the Reorganization Closing Date, the New Company shall execute and deliver appropriate documentation evidencing its guarantee of the Company's obligations under its current revolving credit facility.
Parent and the Company agree to take all corporate and other action as shall be necessary to effectuate the foregoing, and the Company shall use its best efforts to obtain, if required, prior to the Reorganization Closing Date, such consent of each holder of a Company Option as shall be necessary to effectuate the foregoing.