Second Closing Notice

Example Definitions of "Second Closing Notice"
Second Closing Notice. Means evidence of the following: (a) that the Company's business development efforts to divest assets has been proceeding, and continues to proceed, with all commercially reasonable efforts and in a manner consistent with the Company's stated goals as presented to the Purchasers on or before the date hereof; and/or (b) that the Company's effort to raise substantial equity has been proceeding, and continues to proceed, with all commercially reasonable... efforts and a funding within 45 days seems reasonably likely, which evidence shall include, without limitation, the ability of the Purchasers to contact a reasonable number of prospective investors. View More Arrow
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