Examples of Simultaneous Closing in a sentence
If the Simultaneous Closing is to occur in accordance with Section 2.2(a), Parent shall, substantially concurrently with the Closing, have paid to the Company or the SpinCo Entity designated pursuant to Section 6.5 the SpinCo Cash Payment, for further payment to Matrix in accordance with the Separation and Distribution Agreement (including with respect to timing).
The Control Option may only be exercised simultaneously with the exercise of the option granted under the Related Option Agreements and the Closing hereunder will only take place simultaneously with the closing of the exercise of the option granted under the Related Option Agreements; provided that the Closing pursuant to a Section 3.1(a)(vi) Exercise will also only take place on the same date as the Xxxxx/Comcast Closing and the Simultaneous Closing.
Comcast agrees effective as of and conditioned upon the consummation of the Closing, the Option Closing and the Simultaneous Closing that it shall not assert directly or indirectly in any claim, suit or action or otherwise, the invalidity or unenforceability, in whole or in part, of any Existing Related Party Agreement.
In addition, the Xxxxx Entities consent to the assignment, effective as of and conditioned upon the consummation of the Closing, the Option Closing and the Simultaneous Closing, of all of the rights and obligations of BTH under the Education and Entertainment Shareholders Agreements and the related Registration Rights Agreements.
The Loan will be evidenced by a Promissory Note made by the Borrower payable to the order of the Lender (as the same may be amended, renewed, restated, supplemented or substituted from time to time, the “Note”) which shall be governed by Maryland law.1.2 Simultaneous Closing Condition.
The Simultaneous Closing shall occur on the same date as the Closing.
Simultaneous Closing of 364-Day Credit Agreement .......................
On the earliest to occur of (i) December 31, 1998, (ii) the Initial Closing Date or (iii) the Simultaneous Closing Date the statements on Schedule 3.10 shall be true and correct.
All the above consideration can be omitted if we note that the wormhole possesses straightforward generalization to the case of the expanding Universe.
If the Simultaneous Closing shall not have occurred prior to the earlier of five business days following the termination or expiration of the Xxxxx/Comcast Agreement, and July 10, 1999, then, assuming the conditions precedent set forth in Sections 5.1, 5.3, 5.4, 5.5, 6.1, 6.3, 6.4 and 6.5 shall have been satisfied or waived, the Initial Closing shall take place as soon as reasonably practicable and in any event within 5 Business Days of the earlier of such occurrence.