Common use of Closing of the Share Exchange Clause in Contracts

Closing of the Share Exchange. (a) The closing of the Share Exchange (the "CLOSING") will take place at a time and on a date to be specified by the parties (the "CLOSING DATE"), which shall be no later than the second business day after satisfaction or waiver of the conditions set forth in Article VII (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the fulfillment or waiver of those conditions), at the offices of Weil, Gotshal & Manges LLP, 767 Fifth Avenue, New York, New York 10153, or at such oth▇▇ ▇▇▇e, dat▇ ▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇ parties hereto. Unless the parties otherwise agree, the Effective Time shall occur on the Closing Date. (b) At the Closing, Parent and the Company shall instruct their respective representatives to make or confirm the filing of all required certificates in the office of the Superintendent pursuant to Section 143-a of the NYBL.

Appears in 2 contracts

Sources: Share Acquisition Agreement (Franklin Resources Inc), Share Acquisition Agreement (Franklin Resources Inc)