Does Closing mean when a transaction is closed? Or is it the process that took place at that time, in which contracts were concluded and signed, opinions were expressed and funds were sent by the banking system? I suggest that it means both – in other words, closure is an example of lexical ambiguity. The proposed alternative meanings are reminiscent of the other meanings of enforcement that I discussed in this May 2007 blog post. A place in the AdamsDrafting Hall of Fame Blog is reserved for the first person who reports to me an argument in which the importance of the closure was thus questioned. In order for one to consider a bit ambiguous, the alternative meanings for the reasonable reader must be obvious. I guess Benavidez`s complainant was more belligerent than reasonable. But in contracts, you have to do the extra mile to prevent someone from being given ammunition to someone who is looking for a fight. If, in a given transaction, closure means the closing of the transaction, you may want to say the same in the definition of closing or use that phrase instead of the word Close. The devil is in the details and the report acknowledges that Comcast and Apple are not really “close to a deal”. While discouraging at first, the failure to reach a deal with a pharmaceutical company created a remarkable opportunity for MVP. Government officials admit that they are not even on the verge of an agreement on the type of government that will take power on June 30.
“It`s time to see if we are able to make a deal or not. But I would like to make it very clear to everyone that we are not yet where we need to be on some of the most difficult issues. Leaders close to the talks said the two sides are not yet close to an agreement on a price for KLM. In this context, take into account the defined effective time term. It is used in merger agreements and is always defined as the date on which the act of merger is submitted to the competent Secretary of State or at a later date indicated in the merger document. (Where companies from different states participate in a merger, the effective time is set so that it refers to the submission of a certificate of merger with each state.) If that`s what efficient time means, what is freak closing? Is this another moment? Or does it simply refer to the time spent in a conference room eating Chinese to go? Since an enterprise`s ability to leave or assert a right to compensation is or must be limited to the accuracy of the other`s presentations in the financial statements, the importance of the financial statements is of paramount importance in the context of a merger. In a bold attempt to bring the AdamsDrafting blog into the Hall of Glory, reader Ben Diederick pointed out to me benavidez v. Benavidez, 145 p.3d 117 (2006 N.M. .