Common use of Closing Date and Time Clause in Contracts

Closing Date and Time. Subject to occurrence of the Condition Precedent, the Closing shall take place at the offices of ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP in Milan (Italy), ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇, at 9 a.m. CET, or at such other time and place as the Parties may mutually agree, on the later to occur of (i) April 5, 2018, or (ii) the 5th (fifth) Business Day following the date on which the Condition Precedent will have been satisfied (the “Closing Date”) or on such other date as the Parties may mutually agree; it being understood, however, that the Closing Date shall occur no later than the Longstop Date.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Sun Hydraulics Corp)