Share Completion definition
Examples of Share Completion in a sentence
Title to and risk in the Sale Shares passes to the Buyer on Share Completion.
Each Party further agrees that, in entering into this Agreement, he or it is not relying on any express or implied representation by any other Party other than the express representations and warranties set forth herein or to be delivered at the Opsys Share Completion Date as contemplated hereby.
Share Completion will take place at 9:00am on the Share Completion Date at the offices of ▇▇▇▇▇▇▇ + ▇▇▇▇▇, Perth or any other time and place agreed between the parties.
CDT shall within the later of five Business Days of the Opsys Share Completion Date and the receipt by CDT of a release from the relevant creditor in form reasonably satisfactory to CDT, pay, or procure that Opsys pays, in cash to such creditors identified on Schedule A to be satisfied by payment in cash the amounts owing to them by Opsys not in excess of the amounts listed on Schedule A as potentially owing to such creditor.
Share Completion shall take place on the Completion Date or on the Ready for Use Date (whichever is later).
Such indebtedness as does exist immediately prior to the Share Completion will comprise of either amounts owing by BUK to any Group member (the "Outstanding BUK Group Debts") or will comprise amounts owing to BUK by any Group member (the "Outstanding Group Payables").
With respect to the shareholders loans of the Target Companies owed to Suzhou GCL New Energy and its related parties, Fuyang New Energy shall pay them in full prior to the Share Completion.
Share Completion must take place at 10.00am (AEST) (or such other time the parties may agree) on the Subscription Date.
Share Completion shall take place when the relevant authorities approve the share transfer of the Target Company.
During the period between the date of the Share Purchase Agreement and the Share Completion, Fuyang New Energy shall provide finance for the Target Companies’ pre- development approval fee, EPC fees and project supervision fee (together, the “Total Engineering Fees”).