Common use of Closing of the Purchase Clause in Contracts

Closing of the Purchase. The closing of the purchase of the Repurchase Shares shall occur at 10:00 a.m. central time at the offices of Shook, Hardy & Bacon L.L.P., ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, immediately following the closing of the Notes Transaction (which will occur in New York City) or at such other place and time as the parties mutually agree (the "Closing Date"). The parties agree that they shall negotiate in good faith the rescheduling of the Closing Date (which in no event shall be later than sixty days after the closing of the Notes Transaction), if necessary to comply with Regulation M issued pursuant to the Securities Exchange Act of 1934, as amended. If the Closing Date is more than five days after the closing of the Notes Transaction, then IBC shall pay to RPC interest on the Purchase Price equal to the rate of interest then paid by IBC on its principal bank indebtedness.

Closing of the Purchase. The closing of the purchase of the Repurchase Shares shall occur at 10:00 a.m. central time at the offices of Shook, Hardy & Bacon L.L.P., ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇1200 Main Street, ▇▇▇▇▇ ▇▇▇▇Suite 3100, ▇▇▇▇▇▇ ▇Kansas C▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, immediately following the closing ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ of the Notes Transaction (which will occur in New York City) or at such other place and time as the parties mutually agree (the "Closing Date"). The parties agree that they shall negotiate in good faith the rescheduling of the Closing Date (which in no event shall be later than sixty days after the closing of the Notes Transaction), if necessary to comply with Regulation M issued pursuant to the Securities Exchange Act of 1934, as amended. If the Closing Date is more than five days after the closing of the Notes Transaction, then IBC shall pay to RPC interest on the Purchase Price equal to the rate of interest then paid by IBC on its principal bank indebtedness.