Share Closing Date definition
Examples of Share Closing Date in a sentence
For the avoidance of doubt, the payment of the Interest shall be made as a single wire transfer on (i) the Cash Payment Option Closing Date in the event the Cash Payment Option is exercised in full by the Purchaser or (ii) on the Share Closing Date and/or the Cash Payment Option Closing Date, whichever occurs later, in the event the Cash Payment Option is exercised in part by the Purchaser.
Employees eligible for jury duty who are subpoenaed to give evidence in a court or quasi- judicial hearing in which they are not directly involved may apply to their Director, to receive leave with pay.
The Company Equity Securities are, and at all times up to and including the Cash Closing Date, the Share Closing Date and/or the Cash Payment Option Closing Date, as applicable, the Company Equity Securities will be, Beneficially Owned by the Seller, free and clear of any rights of first refusal, co–sale rights, security interests, liens, pledges, claims, options, charges, proxies, voting trusts or agreements, understandings or arrangement, or any other encumbrances of any kind or nature (“Encumbrances”).
The Buyers shall notify the Company in writing (the “Optional Share Closing Schedule”) on the Exercise Date of the number of Optional Shares, if any, that the Buyers intend to purchase on the Optional Share Closing Date (as defined below) and the manner in which such Optional Shares shall be allocated among the Buyers.
On the Share Closing Date and subject to the terms and conditions set forth in this Agreement, in consideration of the sale, assignment, transfer and delivery of the Shares by the Trust, Buyer shall pay to the Trust that amount of U.S. dollars per Purchased Share as shall equal the Purchase Price by wire transfer of immediately available funds to an account designated in writing to Buyer by the Trust not less than two (2) business days prior to the Closing Date.
All the parties acknowledge that the Share Purchase Price has been paid prior to the Share Closing Date by Applegreen LLC to the Company.
The Seller is the sole legal and “Beneficial Owner” (as determined pursuant to Rule 13d–3 under the Exchange Act) of (i) (a) 14,185,350 Owned Shares and (b) 14,835,000 Purchase Rights as of the date hereof; (ii) (a) the Cash Shares and (b) 14,835,000 Purchase Rights as of the Cash Closing Date; and (iii) subject to the exercise of the Cash Payment Option by the Purchaser, the Exchanged Shares on the Share Closing Date and/or the Cash Payment Option Closing Date, as applicable.
The Company hereby grants to each Buyer (in such capacity, each, a "Pre-emptive Stockholder") the right to purchase its Preemptive Right Allocation of any new Equity Securities (other than any Excluded Securities) (the "New Securities") that the Company may from time to time propose to issue or sell to any party within the two year period commencing on the Initial Closing Date or, if the Optional Share Closing occurs, the Optional Share Closing Date (such two-year period, the “Option Period”).
On each Purchasable Share Closing Date, the Company shall issue and deliver to the Buyer the number of Purchasable Shares issuable pursuant hereto on such Purchasable Share Closing Date and the Buyer shall make payment in same day funds to the Company of an amount equal to the aggregate purchase price of such Purchasable Shares.
Following the Share Closing Date, the Company shall change its fiscal year end to March 31.