India Business Transfer Date

India Business Transfer Date. The date on which both of the following have occurred: (i) the India Business Valuation has been finally accepted and agreed to by the Parties pursuant to Section 2.9(c) and (ii) the STPI Approvals shall have been obtained; provided, however, that upon written notice from either Buyer or Seller to the other Party on or following the India Outside Date, the receipt of the STPI Approvals shall not be a condition to the obligation of the Parties to consummate the transfer of the India Business... under this Agreement and clause (ii) shall be deemed satisfied for purposes of determining the India Business Transfer Date. View More