Post-Closing Conditions definition
Examples of Post-Closing Conditions in a sentence
As soon as practicable following (i) the execution of this Agreement; (ii) Escrow Agent's receipt of the Purchase Price; (iii) Escrow Agent's receipt of the Closing Materials; and (iv) the fulfillment of each of the Post-Closing Conditions, unless waived in accordance herein, the Escrow Agent shall (i) release the Purchase Price from escrow and deliver same to the Seller; and (ii) deliver the Seller's Common Stock to the Buyer.
Any and all schedules and exhibits attached hereto or provided to Buyer in conjunction with execution of this Agreement shall likewise be true and correct as of the Closing Date and the date the Post-Closing Conditions have been satisfied, and if there are any changes therein and such changes are approved by Buyer, the same shall be amended or supplemented as appropriate, so that they shall be true as of the Closing Date and the date the Post-Closing Conditions have been satisfied.
Buyer shall provide written notice to Seller of its election to either require the Seller to consummate the Repurchase (the "REPURCHASE NOTICE") within five (5) business days after the expiration of the Post-Closing Conditions Period.
As soon as practicable following (i) the ----------------- execution of this Agreement; (ii) Escrow Agent's receipt of the Purchase Price; (iii) Escrow Agent's receipt of the Closing Materials; and (iv) the fulfillment of each of the Post-Closing Conditions, unless waived in accordance herein, the Escrow Agent shall (i) release the Purchase Price from escrow and deliver same to the Seller; and (ii) deliver the Seller's Common Stock to the Buyer.
Each such party shall use its reasonable efforts to fulfill or obtain the fulfillment of the conditions to the Closing and the Post-Closing Conditions as promptly as practicable.
On or before the Post-Closing Delivery Date, the Post-Closing Conditions shall have been satisfied.
The parties hereto also agree that, notwithstanding anything to the contrary in the Securities Purchase Agreement, the Securities Purchase Agreement shall be effective as of the date hereof notwithstanding Company's failure to satisfy the Post-Closing Conditions on or prior to the date hereof.
If, prior to the satisfaction of the Post-Closing Conditions, a tax liability is discovered, the Company hereby undertakes to duly execute, acknowledge and deliver all such documents, and shall take all such actions, so as to have a tax return covering such tax liability filed.
As an accommodation to Borrower, Lender hereby waives the Document Delivery Default on the condition, however (to which the Borrower acknowledges, confirms and agrees), that, as soon as practicable hereafter, but not later than September 30, 2001, Borrower shall have fulfilled all Remaining Post-Closing Conditions; otherwise, effective on October 1, 2001, the Document Delivery Default shall be reinstated.
Post-Closing Conditions: Substantially the same as in the Existing Credit Agreement.