Example ContractsClausesAdjustment of Closing Date
Remove:

Adjustment of Closing Date. In [Section 6.01] of the PSA, the parties agree that the stipulated date of shall be deleted and the date shall be inserted in lieu thereof.

Closing Date. The closing of the transactions contemplated by this Agreement (the "Closing") shall take place on (the "Closing Date") or such other date as the parties may mutually agree.

Closing Date. If the Commitment Termination Date occurs prior to the Closing Date, the Initial Term Commitments shall immediately and automatically terminate.

Closing Date. Escrow shall close (the "Closing") on or before thirty (30) days following the expiration of the Review Period set forth below (the "Closing Date"), unless the parties mutually agree otherwise.

Closing Date. Subject to the satisfaction (or written waiver) of the conditions thereto set forth in [Section 6] and [Section 7] below, the date and time of the issuance and sale of the Securities pursuant to this Agreement (the “Closing Date”) shall be , Eastern Standard Time on or about , or such other mutually agreed upon time. The closing of the transactions contemplated by this Agreement (the “Closing”) shall occur on the Closing Date at such location as may be agreed to by the parties.

The Closing Date. The “Closing Date” shall be the first business day after the first day on which each of the Conditions to Closing described in [Section 2] hereof has been satisfied, or such other date as to which the Parties may agree. In the event that the Closing Date has not occurred on or before December 31,, 2023, then on that date this Agreement shall terminate and have no further force or effect.

Closing Date Assets. Seller warrants that at Closing the Company will has no assets of any kind.

Closing Date Certificates. The Administrative Agent shall have received a certificate of a Responsible Officer of the Loan Parties dated the Closing Date and certifying:

Final Adjustment After Closing. If final bills are not available or cannot be issued prior to Closing for any item being prorated under [Section 8.1], then and agree to allocate such items on a fair and equitable basis as soon as such bills are available, final adjustment to be made as soon as reasonably possible after the Closing. Payments in connection with the final adjustment shall be due within thirty (30) days of written notice. All such rights and obligations shall survive the Closing for a period of one (1) year.

Within 60 days after the Initial Closing Date, Crestwood shall prepare and deliver to CEGPS a statement (the “Initial Closing Statement”) setting forth its determination of Initial Closing Working Capital, Initial Closing Crestwood Pipeline East Working Capital, Initial Closing Indebtedness, Initial Closing Transaction Expenses, and Initial Closing Crestwood Pipeline East Indebtedness, which statement shall contain # an unaudited consolidated balance sheet of Newco and its Subsidiaries (including the Contributed Entities) and an unaudited balance sheet of Crestwood Pipeline East, in each case as of the Initial Closing Date (assuming the contribution to Newco of the Contributed Entities but without giving effect to the Initial CEGPS Contribution or the Second CEGPS Contribution), # a calculation of Initial Closing Working Capital and Initial Closing Crestwood Pipeline East Working Capital, and an itemized list of Initial Closing Indebtedness, Initial Closing Transaction Expenses, and Initial Closing Crestwood Pipeline East Indebtedness, and # a certificate of the Chief Financial Officer of Crestwood that # Initial Closing Working Capital, Initial Closing Indebtedness, Initial Closing Transaction Expenses, Initial Closing Crestwood Pipeline East Working Capital and Initial Closing Crestwood Pipeline East Indebtedness were determined in accordance with the definitions thereof, respectively, and # the consolidated balance sheet of Newco and its Subsidiaries (including the Contributed Entities), based on the trial balances of Newco and the Contributed Entities, and the balance sheet of Crestwood Pipeline East, based on the trial balances of Crestwood Pipeline East, were prepared in accordance with GAAP.

Load more...
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.