Closing Procedure definition

Closing Procedure means any closing procedure in respect of the Bonds, agreed between, among others, the Issuer and the Bond Trustee.

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Closing Procedure means any closing procedure in respect of the Bond Issue agreed between, among others, the Issuer and the Bond Trustee.

Closing Procedure means such closing procedure as may be agreed between the Bond Trustee and the Issuer where the parties may agree that certain conditions precedent as set out in paragraph (b) of Clause 6.1 (Conditions for disbursement to the Issuer) are to be delivered prior to, in connection with or within a deadline not to exceed 10 Business Days after the release of funds from the Escrow Account.

Examples of Closing Procedure in a sentence

Automatic Closing Procedure – Accounts with zero balance after 33 days.
Note, this combination will be changed periodically.The Renter agrees to open the facility before the reservation and close and lock the facility upon conclusion of the reservation as stated on the Opening and Closing Procedure document.
Borrower's Notice of Delivery Date; Closing Procedure; Alternative Structure.
Loans; Borrower's Notice of Delivery Date; Closing Procedure; Alternative Structure............1 Section 3.
There are no material agreements -------------------- or understandings (whether written or oral) to which Emeritus or Tenant is a party or is bound, including, without limitation, any Business Agreements, relating to the NHP Assets other than the NHP Approved Exceptions (as defined in the Closing Procedure Letter (itself as hereinafter defined)) and those documents and instruments which have been delivered to NHP by Emeritus prior to the Closing Date.

More Definitions of Closing Procedure

Closing Procedure means as defined in Clause 6.1 (Conditions precedent for disbursement to the Issuer).

Closing Procedure means the agreed closing procedure pursuant to Clause 6.1.

Closing Procedure means a closing procedure agreed between the Bond Trustee and the Issuer where the parties may agree that certain pre-disbursement conditions precedent are to be delivered prior to, in connection with the release of funds from the Escrow Account or as conditions subsequent, provided, however, that perfection of the Transaction Security (except for the Escrow Account Pledge and the Existing Bonds Escrow Account Pledge) shall be established as soon as possible in accordance with the terms of such Closing Procedure on or immediately after the release of funds from the Escrow Account, including to allow for certain matters to be handled post disbursement, as customary or required for practical reasons, and, without limiting the generality of the foregoing and for the sake of good order, the Bond Trustee is authorised, under any Closing Procedure, to agree that the granting and/or perfection of Transaction Security over assets subject to security securing the Existing Debt shall be done immediately after the Existing Debt have been repaid and that the net proceeds from the issuance of the Bonds may be released from the Escrow Account to the Settlement Escrow Account prior to such Security having been granted and/or perfected, provided it is agreed that the relevant Security will be granted and/or perfected upon release of funds from the Settlement Escrow Account in accordance with a Closing Procedure.

Closing Procedure means the a customary closing procedure agreed between the Bond Trustee (on behalf of the Bondholders) and the Issuer.

Closing Procedure means a closing procedure for the release of funds from the Bonds or the Escrow Account, in each case agreed between the Bond Trustee (in consultation with its advisors, the RCF Creditors and the Hedge Counterparties (if any)) and the Issuer, and, if applicable, existing creditors of the Group.

Closing Procedure means any closing procedure in respect of the Bonds agreed between, among others, the Issuer and the Bond Trustee, pursuant to which the parties may agree that certain conditions precedent to be delivered under the Bond Terms are delivered as conditions subsequent instead. Notwithstanding the foregoing and subject to the Agreed Security Principles, perfection of the Transaction Security (except for the Escrow Account Pledge) shall be established without undue delay.

Closing Procedure means a customary closing procedure agreed between the Bond Trustee (on behalf of the Bondholders and in consultation with its advisors) and the Issuer.