Examples of Transaction Completion Date in a sentence
The parties further acknowledge and agree that immediately after the Separation Transaction Completion Date, the Investor shall, and Corporation shall cause SpinCo to, execute and deliver the SpinCo Subscription Agreement and, provided the transactions in Section 6.4 have been completed, the parties agree that all rights and obligations under this Agreement shall have been completed, other than the rights and obligations described in this Section 6.5, and that no other rights and obligations shall exist.
The parties hereby agree that prior to the Separation Transaction Completion Date, they shall use good faith efforts to settle the terms of a subscription agreement between SpinCo and Investor for the purchase of SpinCo Shares (the "SpinCo Subscription Agreement").
In the event that all precedent conditions to the completion of the transaction set out in this Article are duly satisfied, both parties shall sign a standard "Shanghai Commodity Property Sale Contract" in the unified form used in Shanghai for the purpose of altering the ownership registration of the property within ten (10) working days after the Transaction Completion Date and complete the property transfer procedures.
Upon the signing of this Contract, Manwide Holdings shall pay Renminbi fifty million (RMB 50,000,000) to Jiu Sheng Investment and, since the date on which this Contract comes into effect, such amount shall serve as the deposit payable to Jiu Sheng Investment by Manwide Holdings in connection with the sale and purchase of the Subject Property under this Contract and shall be converted into a down payment pursuant to this Contract after the Transaction Completion Date.
Liability for any breach of any representation and warranty by any party in this Clause 6 shall survive the occurrence of the Transfer, provided that the Buyer acknowledges that the Seller shall have no liability whatsoever for any claim in respect of the representation and warranty in Clause 6.2(b) that is brought by the Buyer after the Equity Transaction Completion Date.
The Borrowing Base shall be redetermined within 45 days after the furnishing of each Reserve Report, subject to the provisions of this paragraph (c); PROVIDED that the Initial Scheduled Borrowing Base Redetermination shall become effective within 10 Business Days following October 1, 1998, unless the Shell Transaction Completion Date shall have occurred prior to such date, in which case the next sentence shall be applicable.
Therefore, on the Transaction Completion Date, the Company included in its financial statements the net identifiable assets of the Gat Power Plant in accordance with their fair value, that was estimated by an external independent appraiser (BDO Ziv Haft).
The value of the assets owned by the Immaterial Subsidiaries does not exceed $500,000 (and $1,000,000 after the occurrence of the Shell Transaction Completion Date) in the aggregate.
Transaction Completion Date is 4 p.m. on 15 May 2006, and Completion of Transaction is at 12 noon on 15 May 2006.
Regardless of any increase or decrease in the net assets of Cartoon Digital up to the Transaction Completion Date, the Acquisition Consideration will remain unchanged.