Examples of Termination Closing in a sentence
The purchase price for the Teaching Hospital Business is the sum of the Fair Value of the Teaching Hospital Business as of the Termination Closing Date less the amount of the Teaching Hospital Business Assumed Liabilities as of the Termination Closing Date, and less the Fair Value of the University’s Membership Interest as of the Termination Closing Date.
Additionally, on the Termination Closing Date (as defined herein), the Parties shall take all actions that counsel to the Parties reasonably deem necessary to render the Merger Agreement and the other Transaction Documents null and void AB INITIO.
The closing of the transactions contemplated by this Agreement (the "Termination Closing") shall be deemed to occur on the first date by which both (i) the Merger Closing shall have occurred, and (ii) HealthCore shall have received the Required Stockholder Vote (such date being the "Termination Closing Date").
The dollar amount of the Termination Purchase Price multiplied by the number of Termination Shares (the "Aggregate Termination Purchase Price") shall be paid in cash on the Termination Closing Date unless the Corporation shall elect prior to or on the Termination Closing Date to pay the Aggregate Termination Purchase Price in installments pursuant to the provisions of Section 9 of this Agreement.
At approximately 9:10 am, following a motion duly made and seconded to go into Executive Session for the purpose of discussing the appointment of a single fixed income cash manager from the list of finalists developed in the corresponding RFP, the Board went into Executive Session with members of the Staff, GSAM representatives and S&S representatives to discuss RFP and contracting matters.
The representations and warranties contained herein shall survive the Termination Closing for a period six (6) months following the Termination Closing Date.
Immediately after the Termination Closing, SteelCloud and V-ONE shall issue a joint press release disclosing the termination of the Transaction Documents, substantially in the form attached hereto as EXHIBIT 3.
Until the Termination Closing Date, the Grantee shall receive all distributions distributable on the Operating Units held.
At the Termination Closing, HealthCore shall have no items to deliver to the Participating Escrow Shareholders.
At the Termination Closing, the parties shall deliver the documents, instruments and certificates specified in Section 14 hereof.