Examples of Sale Completion Date in a sentence
If at a duly convened meeting of Bondholders the Bondholders determine by way of Extraordinary Resolution that the Issuer may accept the Asset Sale then this decision shall be binding on the Issuer and the Bondholders and the Bonds shall be converted mandatorily into Ordinary Shares, credited as fully paid, in whole (but not in part only) at the Conversion Price on the Asset Sale Completion Date (“Asset Sale Mandatory Conversion”).
The Buyer shall pay or discharge all rates, taxes (including land tax) and other outgoings with respect to the Land from the date of possession.In addition, to secure the obligations of the Buyer towards the payment of the Second Instalment and the Third Instalment of the Sale Price, it will be provided under the Contract that Mirvac Projects, as guarantor, will execute a guarantee and deliver the same to WHAS on the Sale Completion Date (the “ Guarantee”).
Share Sale Completion Completion of the Share Sale Agreement shall take place on the Share Sale Completion Date.
The condition precedent (3) referred to above is not capable of being waived by Active Earn and the Vendor.If any of the above conditions precedent shall not have been fulfilled or waived (as the case may be) on the Share Sale Completion Date, the Share Sale Agreement shall lapse immediately thereafter and be of no further effect and neither the Vendor nor Active Earn shall have any claim against or liability or obligation to the other party under the Share Sale Agreement save for any antecedent breaches.
Both the Placing Shares and the Sale Shares are sold free from any lien, charge, encumbrance or third party right whatsoever and together with all rights attaching thereto as at the Placing Completion Date and the Sale Completion Date respectively, including the right to receive all dividends declared on or after the Placing Completion Date and the Sale Completion Date.