Examples of Transaction Deadline in a sentence
The Warrants will not become exercisable and will expire worthless in the event the Corporation fails to consummate a Business Transaction on or prior to the Business Transaction Deadline.
The Warrants shall expire (a) on the Business Transaction Deadline, if the Business Transaction is not completed on or prior to the Business Transaction Deadline, and (b) at the time at which the Exercise Period ends, if the Business Transaction is completed on or prior to the Business Transaction Deadline (such date of expiration, the “Expiration Date”).
Notwithstanding the foregoing provisions of this Section 3, in the event that (i) the Company does not consummate a Qualified Investment Transaction by the Investment Transaction Deadline or (ii) the Company does not obtain a Shelf Charter or acquire an Inflatable Charter by the Charter Deadline, any Option held by Participant shall be forfeited without any consideration.
If the Target Transaction has not closed on or prior to the date that is six months from the Closing Date (the “Target Transaction Deadline”), in addition to any and all other amounts due and payable hereunder, the Company shall pay one hundred fifty percent (150%) of any portion of the Principal Amount then outstanding plus all accrued and unpaid Interest thereon (the “Target Transaction Payment”), by no later than two (2) business days after the Target Transaction Deadline.
The Warrants shall expire at the earlier of (a) on the Business Transaction Deadline, if the Business Transaction is not completed on or prior to the Business Transaction Deadline and (b) at the time at which the Exercise Period ends, if the Business Transaction is completed on or prior to the Business Transaction Deadline (such date of expiration, the “Expiration Date”).
Notwithstanding the foregoing provisions of this Section 2, in the event that (i) the Company does not consummate a Qualified Investment Transaction by the Investment Transaction Deadline or (ii) the Company does not obtain a Shelf Charter or acquire an Inflatable Charter by the Charter Deadline, any Shares of Restricted Stock held by Participant shall be forfeited without any consideration.
In the event Borrower meets the requirements of Paragraph 6(a)(iii) above not later than the Significant Transaction Deadline, the remaining principal balance on this Note of Fifty Thousand Dollars ($50,000), plus all accrued and unpaid interest thereon shall be forgiven on March 15, 2002.
Under no circumstances shall this requirement be construed to be a requirement that the Company enter into or consummate, or that the Board approve, a Qualified Transaction by the Transaction Deadline or at any time.
The Closing shall take place at the offices of Buyer, located at 3890 West Northwest Highway, Suite 500, Dallas, Texas 75220, on or xxxxx Xxxxxxxxx 0, 0000, xx xx xxxx xxxxx xxxx xxx xxxxx xx shall be mutually agreed upon by the parties (but in all events prior to the Transaction Deadline Date unless otherwise agreed to by the parties).
The Closing shall take place at the offices of Buyer, located at 3890 West Northwest Highway, Suite 500, Dallas, Texas 75220, on or abxxx Xxxx 0, 0000, xx 00:00 x.x., xx xx xxxx xxxxx xxxx xxx place as shall be mutually agreed upon by the parties (but in all events prior to the Transaction Deadline Date unless otherwise agreed to by the parties).