Examples of Simultaneous Closing in a sentence
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.
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).
Simultaneous Closing of 364-Day Credit Agreement .......................
To the Knowledge of BTH, as of the date of this Agreement and as of the earlier of (i) December 31, 1998, (ii) the Simultaneous Closing Date and (iii) the Initial Closing Date the statements contained on Schedule 3.10 are true, complete and correct in all material respects.
A-60 7.2 Simultaneous Closing....................................
If a Simultaneous Closing occurs after December 31, 1998, Comcast agrees to also pay BTH interest on the Purchase Price at the Applicable Rate from December 31, 1998 to the Simultaneous Closing Date.
Also on the KEYH Closing Date, concurrently with the wire transfer of the Purchase Price to Seller, EDC and LBI Holdings shall (i) if the KEYH Closing Date is a Simultaneous Closing Date, comply with Section 3.1.2 of the FM Asset Purchase Agreement and (ii) otherwise, jointly execute and deliver to the Escrow Agent written instructions to terminate the Escrow Agreement and deliver the entire Escrow Deposit then remaining to LBI Holdings.
In the event of a Simultaneous Closing or in the event of an FM Only Closing in which the AM Asset Purchase Agreement has theretofore been terminated or is terminated on such date, the Escrow Deposit shall be delivered to LBI Holdings.
The FM Only Closing shall have previously occurred or the consummation of the purchase and sale transactions contemplated hereunder shall occur as part of a Simultaneous Closing.
The Simultaneous Closing shall take place in the offices of Dechert Price & Xxxxxx, 4000 Xxxx Atlantic Tower, 0000 Xxxx Xxxxxx, Xxxxxxxxxxxx, XX 00000-0000 or such other location as mutually agreed upon by the parties.