The Transaction the Closing Sample Clauses

The "THE TRANSACTION; THE CLOSING" clause defines the process and conditions under which the transaction between the parties will be finalized. It typically outlines the steps required to complete the deal, such as the exchange of documents, payment of consideration, and the specific date or conditions that must be met for closing to occur. This clause ensures that both parties understand when and how the transaction will be officially completed, providing a clear framework to avoid misunderstandings and disputes regarding the closing process.
The Transaction the Closing. 2.1. At the Closing, the Company shall issue and allot to the Buyer the Issued Shares in consideration for the payment by the Buyer by wire transfer of the Initial Amount, after deducting the Loan Amount, to the Company bank account as set out in Schedule 2.1, and its undertaking to pay each Milestone Amount in accordance with the Progress Schedule at the achievement of relevant Milestone; all on the terms and subject to the conditions set forth in this Agreement.
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The Transaction the Closing 
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Related to The Transaction the Closing

  • Shareholder Transactions Ultimus shall provide the Trust with shareholder transaction services, including: 1.1. process shareholder purchase, redemption, exchange, and transfer orders in accordance with conditions set forth in the applicable Fund’s prospectus(es) applying all applicable redemption or other miscellaneous fees; 1.2. set up of account information, including address, account designations, dividend and capital gains options, taxpayer identification numbers, banking instructions, automatic investment plans, systematic withdrawal plans and cost basis disposition method, 1.3. assist shareholders making changes to their account information included in 1.2; 1.4. issue trade confirmations in compliance with Rule 10b-10 under the Securities Exchange Act of 1934, as amended (the “1934 Act”); 1.5. issue quarterly statements for shareholders, interested parties, broker firms, branch offices and registered representatives; 1.6. act as a service agent and process income dividend and capital gains distributions, including the purchase of new shares, through dividend reimbursement and appropriate application of backup withholding, non-resident alien withholding and Foreign Account Tax Compliance Act (“FATCA”) withholding; 1.7. record the issuance of shares and maintain pursuant to Rule 17Ad-10(e) of the 1934 Act a record of the total number of shares of each Fund which are authorized, based upon data provided to it by the Trust, and issued and outstanding; 1.8. perform such services as are required to comply with Rules 17a-24 and 17Ad-17 of the 1934 Act (the “Lost Shareholder Rules”); 1.9. provide cost basis reporting to shareholders on covered shares (shares purchased after 1/1/2012), as required; 1.10. withholding taxes on non-resident alien accounts, pension accounts and in accordance with state requirements; 1.11. produce, print, mail and file U.S. Treasury Department Forms 1099 and other appropriate forms required by federal authorities with respect to distributions for shareholders; 1.12. administer and perform all other customary services of a transfer agent, including, but not limited to, answering routine customer inquiries regarding shares; and 1.13. process all standing instruction orders (Automatic Investment Plans (“AIPs”) and Systematic Withdrawal Plan (“SWPs”)) including the debit of shareholder bank information for automatic purchases.