Postponement of the Closing Clause Samples

Postponement of the Closing. The Closing may be postponed from time to time for any reason if PPL Montana gives the Owner Participant, the Owner Lessor, the Lessor Manager, the Lease Indenture Trustee and the Pass Through Trustee a facsimile or telephonic (confirmed in writing) notice of such postponement and notice of the date to which the Closing has been postponed, such notice of postponement to be received by each such party no later than 10:00 a.m., New York City time, on the date the Closing was scheduled to occur. If, prior to receipt of a postponement notice under this Section 2.3(a), the Owner Participant shall have provided funds in accordance with Section 2.2(b), such funds shall be returned to the Owner Participant, as soon as reasonably practicable but in no event later than the Business Day following the date of such notice, unless the Owner Participant shall have otherwise directed. All funds made available pursuant to Section 2.2(b) will be held by the Trust Company in trust for the Owner Participant and shall not be part of the Indenture Estate or the Lessor Estate, shall be invested by the Trust Company in accordance with clause (b) below and such funds shall remain the sole property of the Owner Participant unless and until (i) released by the Owner Participant and made available to the Owner Lessor and applied by the Owner Lessor to pay the Purchase Price or the Transaction Costs related to the Closing, or (ii) returned to the Owner Participant, as provided in this Section 2.3(a).
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Postponement of the Closing. The Scheduled Closing Date may be postponed from time to time for any reason if ▇▇▇▇▇ City gives the Owner Participant, the Owner Lessor, the Owner Manager, the Lender and the Lease Indenture Trustee a telex, telegraphic, facsimile or telephonic (confirmed in writing) notice of such postponement and notice of the date to which the Closing has been postponed, such notice of postponement to be received by each party no later than 10:00 a.m., New York City time, on the Business Day immediately preceding the Scheduled Closing Date.
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Postponement of the Closing. The Scheduled Closing Date may be postponed from time to time for any reason if the Lessee gives the Owner Participant, the Lessor, the Owner Trustee, the Indenture Trustee and the Pass Through Trustee a facsimile or telephonic (confirmed in writing) notice of such postponement and notice of the date to which the Closing has been postponed, such notice of postponement to be received by each party no later than noon, New York City time, on the Business Day immediately preceding the Scheduled Closing Date. If, prior to receipt of a postponement notice under this Section 2.2(c), the Owner Participant shall have provided funds in accordance with Section 2.2(b), such funds shall be returned to the Owner Participant, as soon as reasonably practicable but in no event later than the Business Day following the date of such notice, unless the Owner Participant shall have otherwise directed.
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Postponement of the Closing. The Closing may be postponed from time to time to a date no later than May 31, 2005 for any reason if the Lessee gives the Equity Investor, the Owner Lessor, the Indenture Trustee and the Initial Noteholders a facsimile or telephonic (confirmed in writing) notice of such postponement and notice of the date to which the Closing has been postponed, and such notice of postponement shall, for purposes of Section 2.3(b), be deemed to be received by the Equity Investor prior to making the Equity Investor's Commitment available if it is received by the Equity Investor on or before 10:00 a.m., New York City time, on the date the Closing was scheduled to occur. If the Equity Investor shall have provided funds in accordance with Section 2.2(b) and the Closing is postponed, such funds shall be returned to the Equity Investor, as soon as reasonably practicable but in no event later than the Business Day following the date of such notice, unless the Equity Investor shall have otherwise directed. All funds made available pursuant to Section 2.2(b) will be held by the Trust Company in trust for the Equity Investor and shall not be part of the Indenture Estate or the Lessor Estate, and such funds shall remain the sole property of the Equity Investor unless and until (i) released by the Equity Investor and made available to the Owner Lessor and applied by the Owner Lessor to pay the Head Lease Rent or the Transaction Costs related to the Closing, or (ii) returned to the Equity Investor, as provided in this Section 2.3(a).
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Postponement of the Closing. If Party A postpones the Closing to another date in accordance with this Section 7.3.2, the provisions of this Agreement apply as if that other date is the Closing Date.
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Postponement of the Closing. The Scheduled Closing Date may be postponed from time to time for any reason if Old Dominion gives the Owner Participant, the Owner Trustee, the Original Lenders and the Agent telex, telegraphic, facsimile or telephonic (confirmed in
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Postponement of the Closing. The Scheduled Closing Date may be postponed from time to time for any reason if Midwest gives the Owner Participant, the Owner Lessor, the Owner Trustee, and the Holder Representative a telex, telegraphic, facsimile or telephonic (confirmed in writing) notice of such postponement and notice of the date to which the Closing has been postponed, such notice of postponement to be received by each party no later than 10:00 a.m., New York City time, on the Business Day immediately preceding the Scheduled Closing Date. If, prior to receipt of a postponement notice under this SECTION 2.2(c), the Owner Participant or the Lender shall have provided funds in accordance with SECTION 2.2(b), such funds shall be returned to the Owner Participant or the Lender, as applicable, as soon as reasonably practicable, but in no event later than the Business Day, following the Scheduled Closing Date, unless the Owner Participant or the Lender shall have otherwise directed.
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Postponement of the Closing. The Scheduled Closing Date may be postponed from time to time for any reason if Oglethorpe gives the Owner Participant, the Trustees, RMLC and the Lender a telex, telegraphic, facsimile or telephonic (confirmed in writing) notice of such postponement and notice of the date to which the Closing has been postponed, such notice of postponement to be received by each party no later than 10:00 a.m., New York City time, one day prior to the original Scheduled Closing Date. If, prior to receipt of a postponement notice under this Section 2.2(c), any Participant shall have provided funds in accordance with Section 2.2(b), such funds shall be returned to such Participant, as soon as reasonably practicable but in no event later than the Business Day following the Scheduled Closing Date, unless such Participant shall have otherwise directed. All funds made available pursuant to Section 2.2(b) will be held by the Non-Georgia Trust Company in trust for the Participant who provided such funds and shall not be part of the Collateral or the Trust Estate, shall be invested by the Non-Georgia Trust Company in accordance with clause (d) below and such funds shall remain the sole property of such Participant unless and until released by such Participant and made available to the Owner Trustee and applied to pay the Head Lease Rent or Transaction Costs or returned to the applicable Participant, as provided in this Agreement.
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Related to Postponement of the Closing

  • Litigation Affecting Closing On the Closing Date, no proceeding shall be pending or threatened before any court or governmental agency in which it is sought to restrain or prohibit or to obtain damages or other relief in connection with this Agreement or the consummation of the transactions contemplated hereby, and no investigation that might eventuate in any such suit, action or proceeding shall be pending or threatened.

  • Certain Notifications Until Closing From the Signing Date until the Closing, the Company shall promptly notify the Investor of (i) any fact, event or circumstance of which it is aware and which would reasonably be expected to cause any representation or warranty of the Company contained in this Agreement to be untrue or inaccurate in any material respect or to cause any covenant or agreement of the Company contained in this Agreement not to be complied with or satisfied in any material respect and (ii) except as Previously Disclosed, any fact, circumstance, event, change, occurrence, condition or development of which the Company is aware and which, individually or in the aggregate, has had or would reasonably be expected to have a Company Material Adverse Effect; provided, however, that delivery of any notice pursuant to this Section 3.4 shall not limit or affect any rights of or remedies available to the Investor; provided, further, that a failure to comply with this Section 3.4 shall not constitute a breach of this Agreement or the failure of any condition set forth in Section 1.2 to be satisfied unless the underlying Company Material Adverse Effect or material breach would independently result in the failure of a condition set forth in Section 1.2 to be satisfied.

  • Actions Prior to Closing From the date hereof until the Closing Date, Contributor shall not take any action or fail to take any action the result of which could (1) have a material adverse effect on the Contributed Interests or the Operating Partnership’s ownership thereof, or any Material Adverse Effect on any Contributed Entity or Property after the Closing Date or (2) cause any of the representations and warranties contained in this Section 2.2 to be untrue as of the Closing Date.

  • Conditions to Closing of the Company The Company’s obligation to sell the Securities at the Closing is subject to the fulfillment to its satisfaction on or prior to the Closing Date of each of the following conditions:

  • After the Closing Buyer and Seller shall execute and deliver, or shall caused to be executed and delivered from time to time, such further instruments of conveyance and transfer and shall take such other action as any Party may reasonably request to convey and deliver the Interests to Buyer, to accomplish the orderly transfer of the Interests to Buyer, or to otherwise effectuate the transactions contemplated by this Agreement. If either Party hereto receives monies belonging to the other, such amount shall immediately be paid over to the proper Party. If an invoice or other evidence of an obligation is received by a Party, which is partially an obligation of both Seller and Buyer, then the Parties shall consult with each other and each shall promptly pay its portion of such obligation to the obligee.