Transaction Closing Time definition

Transaction Closing Time means 5:00 pm on Dday or such other agreed time between the Vendor and the Purchaser which is earlier than 5:00 pm on Dday, whereby completion of the property sale and purchase transaction will take place by solicitors’ undertaking.
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Transaction Closing Time means 5 pm on Dday or such other agreed time between the Seller and the Buyer which is earlier than 5 pm on Dday, whereby completion of the
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Transaction Closing Time means 5 pm on Drawdown Day or such other agreed time which is earlier than 5 pm on Drawdown Day, whereby completion of the property sale and purchase transaction will take place by solicitors’ undertaking.
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Examples of Transaction Closing Time in a sentence

  • Transfers will be processed as of the Valuation Period that We receive Written Notice prior to the Transaction Closing Time.

  • The Surrender Value will be processed as of the Valuation Period that We receive Written Notice prior to the Transaction Closing Time.

  • Systematic withdrawals will be processed as of the Valuation Period that We receive proper notification prior to the Transaction Closing Time.

  • The death benefit will be calculated as of the Valuation Period that We receive a complete death benefit claim from the first Beneficiary of record prior to the Transaction Closing Time.

  • If the Corporation has delivered the Escrow Release Notice in accordance with Section 3.1(a) and upon receiving written confirmation from the Corporation that the Transaction Closing has occurred on or before the Deadline, the Subscription Receipt Agent shall, as soon as reasonably practicable following the Transaction Closing Time, deliver, or cause to be delivered, to the Lead Underwriter, on behalf of the Underwriters, an amount equal to three-sevenths of the Underwriters’ Fee.


More Definitions of Transaction Closing Time

Transaction Closing Time means 5 pm on Dday or such other agreed time between the Seller and the Buyer which is earlier than 5 pm on Dday, whereby completion of the property sale and purchase transaction will take place by solicitors’ undertaking. The Committee suggests deleting the word “earlier” since the Seller parties should have the freedom to complete at any time after 5 p.m. on the Dday. The parties should have the right to opt out from adopting PAPT if they agree to complete at any time after 5 pm on Dday. This definition is only relevant in respect of a transaction where PAPT is adopted and in such case the Transaction Closing Time needs to be no later than 5 p.m. (also see paragraph 6.1(a) of the draft Proposal) for operational reasons. Further, from the experience of the three chairman banks in operating PAPT for refinancing transactions, as of the date of this response, there have not been cases where parties requested for an extension of the completion time past the operating hours of the banks. 3. SCOPE OF THE CONVEYANCING SCENARIO
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Transaction Closing Time means the time on the Transaction Closing Date on which the Transaction is completed;
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Related to Transaction Closing Time

  • Option Closing Time means 8:00 a.m. (Toronto time) on any Option Closing Date or such other time on any Option Closing Date as the Company and the Underwriters may agree;

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Scheduled Closing Time means, in respect of an Exchange or Related Exchange and a Scheduled Trading Day, the scheduled weekday closing time of such Exchange or Related Exchange on such Scheduled Trading Day, without regard to after hours or any other trading outside of the regular trading session hours.

  • First Closing has the meaning set forth in Section 2.2(a).