Subsequent Closing Dates Sample Clauses
The 'Subsequent Closing Dates' clause defines the process and timing for additional closings to occur after the initial closing in a transaction. It typically outlines the conditions under which further closings can take place, such as the purchase of additional shares or assets, and specifies the dates or timeframes for these subsequent events. This clause ensures that parties have a clear framework for completing multiple stages of a transaction, thereby providing flexibility and predictability for phased investments or deliveries.
Subsequent Closing Dates. The closing documents for the Mortgage Loans to be purchased on each Closing Date under this Agreement (including the initial Closing Date) shall consist of fully executed originals of the following documents:
(a) the related Purchase Price and Terms Agreement;
(b) the related Acknowledgment and Conveyance Agreement, including all annexes thereto;
(c) the related Assignment and Assumption;
(d) upon request, an Officer's Certificate, in the form of Exhibit 4 hereto, for the Seller and the Servicer including all attachments thereto; provided, however, that such Officer's Certificate shall not be required to be delivered by the Seller and the Servicer more than once in any calendar year; and
(e) upon request, an opinion of in-house counsel for the Seller and the Servicer, substantially in the form of Exhibit 9 attached hereto; provided, however, that such opinion shall not be required to be delivered by the Seller and the Servicer more than once in any calendar year.
Subsequent Closing Dates. In the event that the Company sells less than 735,294 shares of Common Stock on the Initial Closing Date, the Company, at its option, may sell the remaining shares at one or more subsequent closings (each, a "Subsequent Closing" and collectively, the "Subsequent Closings") which shall be held at such time and place not later than 30 days after the Initial Closing Date as shall be mutually agreed upon by the Company and the subsequent Subscribers (the date of such Subsequent Closing is hereinafter referred to as "Subsequent Closing Date"). In the event of any Subsequent Closing, each Subscriber thereat shall sign a counterpart of this Agreement (whereupon such subsequent Subscriber shall become a party hereto for all purposes hereof). Subject to the satisfaction or waiver of the terms and conditions of this Agreement on a Subsequent Closing Date, each Subscriber shall purchase and the Company shall sell to each Subscriber the number of Shares and Warrants designated to be sold to such Subscriber on the Subsequent Closing Date as set forth on the signature page hereto next to the name of such Subscriber (the "Subsequent Closing Shares" and "Subsequent Closing Warrants," respectively). The aggregate purchase price of the Subsequent Closing Shares to be purchased by the Subscribers on a Subsequent Closing Date shall be equal to the product obtained by multiplying (x) the number of Subsequent Closing Shares to be purchased on such Subsequent Closing Date by (y) $0.68.
Subsequent Closing Dates. The Lessee shall deliver to the Lessor, the Investors and the Agent a Requisition appropriately completed, in connection with each Closing Date.
Subsequent Closing Dates. Each closing of a sale and purchase of Additional Securities shall take place at the offices of the Company, 17103 Preston Road, Suite 190 North, Dallas, Texas, at 10 a.m., Dalla▇ ▇▇▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇, (▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇ ▇ ▇▇▇ ▇▇ which banking institutions in the State of Texas or New York are required or authorized to close) as shall be specified in any Call Notice (each such closing being herein called a "Subsequent Closing" and each such date and time being herein called a "Subsequent Closing Date").
Subsequent Closing Dates. Ninety (90) days after the Section 4 Initial Closing Date, Buyer shall purchase the remaining 72 Section 4 Lots (the “Section 4 Second Closing Date). Any Lots purchased by B▇▇▇▇ in excess of the minimum number of Lots at the initial Closing will count as a credit toward B▇▇▇▇’s next and subsequent Section 4 Lot purchase obligation. As used herein, “Closing” means the act of conveying title to one or more of the Lots to Buyer concurrently with the delivery of the Purchase Price for such Lots to Seller. Each Closing shall be held at the office of the Title Company, unless otherwise designated by Seller and Buyer.
Subsequent Closing Dates. Until the Scheduled Reinvestment End Date, the Borrower may designate no more than two Business Days during each calendar month as a Subsequent Closing Date. On each Subsequent Closing Date, the Borrower may accept Commitments from one or more Subsequent Lenders. On the terms and conditions hereinafter set forth, each Subsequent Lender agrees, effective upon its execution and delivery to the Borrower of its Subsequent Lender Commitment Form (a copy of which shall be provided to the Collateral Agent prior to such Subsequent Draw Date), to fund Draws to the Borrower from time to time during the applicable Subsequent Draw-Down Period in an aggregate amount not to exceed such Subsequent Lender’s Commitment, provided, however, that under no circumstances shall any Subsequent Lender be required to fund any Draw unless, both prior to and after giving effect to such Draw, each Draw Condition Precedent shall be satisfied.
Subsequent Closing Dates. B▇▇▇▇ agrees to purchase at least 35 of the Section 2 Lots within fifteen (15) days after the Completion Date for all Section 2 Lots (the “Second Closing Date”). Ninety (90) days after the Second Closing Date, Buyer shall purchase at least 35 additional Section 2 Lots (the “Third Closing Date”), and one hundred eighty (180) days after the Second Closing Date Buyer agrees to purchase the remaining approximately 40 Section 2 Lots (the “Fourth Closing Date”). Any Lots purchased by Buyer in excess of the minimum number of Lots at a Closing will count as a credit toward B▇▇▇▇’s next and subsequent minimum Lot purchase obligation(s). As used herein, “Closing” means the act of conveying title to one or more of the Lots to Buyer concurrently with the delivery of the Purchase Price for such Lots to Seller. Each Closing shall be held at the office of the Title Company, unless otherwise designated by Seller and Buyer.
Subsequent Closing Dates. Each closing of the sale and purchase of Additional Shares shall take place at the offices of Reboul, MacMurray, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ & Kristol, ▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, at 10 a.m., New York time, on such date (which shall not be a day on which banking institutions in the State of New York are authorized or required to close) as shall be specified in the relevant Put Notice or at such other date and time as may be mutually agreed upon among the Purchasers and the Company (each such date and time of the closing being herein called a "Subsequent Closing Date").
Subsequent Closing Dates. The date and time of any Subsequent Closing (each a “Subsequent Closing Date”, and together with Initial Closing Date, each a “Closing Date” and collectively, the “Closing Dates”) shall be at such time and on such date as the Company and each Subsequent Buyer may mutually agree upon, subject to satisfaction (or waiver) of the conditions to the Subsequent Closing set forth in Sections 6(b) and 7(b) and the conditions contained in Section 1(a)(ii) and this Section 1(c), at the offices of the Company. Any Person approved by the Company may become a Subsequent Buyer and may purchase Subsequent Notes by duly executing and delivering a Joinder Agreement, substantially in the form attached hereto as Exhibit E, to the Company. Any Initial Buyer may also purchase, at such Initial Buyer’s option, Subsequent Notes by delivering a Subsequent Closing Notice, substantially in the form attached hereto as Exhibit F, to the Company.
Subsequent Closing Dates. The closing of the Exchange between Nesco and those HDS Preferred Stockholders, HDS Common Stockholders, and holders of HDS Options and HDS Warrants who are not HDS Signatory Stockholders and who, following the Closing Date, wish to participate in the Exchange and comply with the applicable requirements set forth in Section 6, shall take place on Subsequent Closing Date(s) to be selected in compliance with the terms of said Section.