Common use of 3Closing Clause in Contracts

3Closing. The closing of the purchase of Transfer Stock by Crestline shall take place, and all payments from Crestline shall have been delivered to the selling Stockholder, by the later of (i) the date specified in the Proposed Transfer Notice as the intended date of the Proposed Transfer; and (ii) forty-five (45) days after delivery of the Proposed Transfer Notice.

3Closing. The closing of the purchase of Transfer Stock by Crestline Company shall take place, and all payments from Crestline Company shall have been delivered to the selling StockholderCrestline, by the later of (i) the date specified in the Proposed Transfer Notice as the intended date of the Proposed Transfer; and (ii) forty-five (45) days after delivery of the Proposed Transfer Notice.