Common use of Closing of Title Clause in Contracts

Closing of Title. The closing of the transaction contemplated by this Agreement (herein sometimes referred to as the "Closing") shall take place on a date mutally agreed to by the parties, but in no event later than January 10, 2017 (the "Closing Date"), TIME BEING OF THE ESSENCE. The Closing shall be held in escrow through the Title Company (in the office in which the Escrow Agent is located) by delivery of the closing documents to the Title Company at least one (1) business day prior to the Closing (and delivery of funds to the Title Company on the Closing Date), or at such other place and/or by such other manner as the parties hereto may mutually agree.