Examples of Share Purchase Closing Date in a sentence
As of the date of this Agreement, neither Investor is aware of any reason why the funds sufficient to pay its pro rata share of the purchase price for the Purchased Shares or the Optional Shares will not be available on the Initial Closing Date or the applicable Optional Share Purchase Closing Date.
As from the First CPS Subscription Closing Date and Share Purchase Closing Date, the HB Entertainment Major Shareholder and HB Corp shall cause HB Entertainment to discuss and cooperate with the Company in good faith regarding the possibility of the Company’s participation and cooperation with HB Entertainment in potential investments, projects or other businesses of HB Entertainment in the People’s Republic of China arising after the First CPS Subscription Closing Date and Share Purchase Closing Date.
As from the First CPS Subscription Closing Date and Share Purchase Closing Date, the board of HB Entertainment shall have four directors, one of which shall be nominated, appointed and removed by the Company, up to the date that the Company no longer holds 10% or more of the shares in issue of HB Entertainment.
On the Share Purchase Closing Date, the Company recorded in the Condensed Consolidated Balance Sheet a contract asset representing the estimated fair value of the rate relief provided by the Consolidated GGA of $410 million, of which $54.5 million was classified as current as of June 30, 2020, a derivative liability related to the Henry Hub Cash Bonus of approximately $117 million and a decrease in the Company's investment in Equitrans Midstream of approximately $158 million.
The transactions contemplated by the Share Purchase Agreements closed on March 5, 2020 (the Share Purchase Closing Date).
Under the Definitive Agreement, Comsur has a pre-emptive right with respect to the issuance of additional common shares or securities convertible into common shares of the Company to other persons after the Share Purchase Closing Date, entitling Comsur to acquire common shares or convertible securities on the same terms and conditions as those so issued by the Company, subject to applicable requirements of the Toronto Stock Exchange.
Under the Definitive Agreement, if the aggregate liabilities of the Company and its subsidiaries at the Share Purchase Closing Date were determined to be in excess of $1,101,000, Comsur was entitled to receive a debenture in the principal amount equal to the amount by which such liabilities exceeded $1,100,000, The Company has issued a debenture in the amount of $92,488 to Comsur pursuant to the Definitive Agreement..