Upon Closing definition
Upon Closing. Any observer who closes because of weather conditions should notify the other domes about the conditions. If one dome is required to close, all domes should close.
Upon Closing. Buyer shall instruct the escrow agent to release the Deposit to the Seller, and shall pay to Seller the remaining balance of the Purchase Price ("Closing Purchase Price Payment") via cashier's check or wire transfer of immediately available funds to an account designated by Seller in written notice to Buyer at least three (3) business days before the Closing Date. As additional consideration for the Assets to be purchased by Buyer, Buyer shall grant a credit to Seller for trade in services, airtime, or such other valuable consideration, as set forth in a certain Trade Agreement ("Trade Agreement"), to be executed between the parties as of the same date hereof and attached hereto as Exhibit 2.1(b), in the value equivalent to Seven Hundred and Fifty Thousand Dollars ($750,000.00) ("Trade Consideration"), to be redeemed by Seller over a ten (10) year period, in accordance with the terms and conditions of the Trade Agreement.
Examples of Upon Closing in a sentence
Upon closing, Seller shall grant the Buyer immediate possession to Property to the extent that Seller has such possession.
Upon closing of the transaction, Whistler Blackcomb shareholders collectively will own approximately 10 percent of Vail Resorts outstanding common stock.
Upon closing, the Developers shall be permitted to grant a security interest in their respective rights and beneficial interests under the LDDA and/or the Leases in favor of a single lender or a group of public and private, institutional lenders solely in connection with financing of each of the Residential Parcel and the Health Center Parcel.