Conditions to Issuance of Securities on Closing Date Sample Clauses
The 'Conditions to Issuance of Securities on Closing Date' clause sets out the specific requirements that must be satisfied before securities are formally issued to investors at the closing of a transaction. These conditions may include the receipt of necessary regulatory approvals, completion of due diligence, delivery of required documents, or fulfillment of any agreed-upon covenants by the parties involved. By clearly outlining these prerequisites, the clause ensures that all parties are protected and that the issuance only occurs when all agreed conditions have been met, thereby reducing the risk of disputes or incomplete transactions.
Conditions to Issuance of Securities on Closing Date. (a) The Notes to be issued on the Closing Date may be executed by the Issuers and delivered to the Trustee for authentication and thereupon the same shall be authenticated by the Trustee or the Authenticating Agent and delivered by the Trustee upon Issuer Order and upon receipt by the Trustee of the following:
Conditions to Issuance of Securities on Closing Date. (a)
(1) The Notes to be issued on the Closing Date in form of Global Notes or Certificated Notes may be executed by the Issuer and delivered to the Trustee for authentication and thereupon the same shall be authenticated by the Trustee or the Authenticating Agent and delivered by the Trustee, or (2) the Notes to be issued on the Closing Date as Uncertificated Notes may be registered in the name of the respective Holders thereof and a Confirmation of Registration shall be delivered by the Trustee to each such Holder; in each case upon Issuer Order and upon receipt by the Trustee of the following: