Common use of Closing Time and Place Clause in Contracts

Closing Time and Place. (a) Subject to the terms and conditions of this Agreement, the closing of the transactions contemplated by this Agreement ("▇▇▇ ▇▇▇▇▇▇▇") shall be held at the offices of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇▇, P.C., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, at 10:00 a.m., local time, on November 30, 1996, or at such earlier or later date as may be agreed upon by Seller and Buyer (the "Closing Date"). Seller and Buyer shall, without modifying or expanding their obligations hereunder, exercise their diligent, good faith efforts to cause the Closing to occur as quickly as reasonably possible. (b) If at any time prior to the scheduled Closing Date, all of the conditions contained in Article VII have been met or waived, Buyer may give notice to Seller of the Closing. Such notice shall state a date and time, not less than ten Business Days from the date of such notice, for Closing to occur. (c) If on November 30, 1996, all of the conditions contained in Article VII have not been met or waived, then the Closing shall be deferred until all such conditions have been met or waived but not to a date later that December 31, 1996. Upon the last of the conditions being so met or waived, Seller or Buyer may give notice to the other of the Closing, which notice shall state a date and time, not less than ten Business Days from the date of such notice, for the Closing to occur.

Closing Time and Place. (a) a. Subject to the terms and conditions of this Agreement, the closing purchase by Buyer of the transactions contemplated by Stock and the Asset Sellers Assets pursuant to this Agreement ("▇▇th▇ ▇▇▇▇▇▇▇") shall ▇▇▇ll be held at the offices of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇Buyer's counsel, Paul, Hastings, Jano▇▇▇▇ & ▇▇▇▇▇▇, P.C., ▇alk▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, 399 ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇, at ▇ 10:00 a.m., local time, on November 30October 31, 19961999, or at such earlier or later date as may be agreed upon by Seller Sellers and Buyer (the "Closing Date"). Seller and Buyer shall, without modifying or expanding their obligations hereunder, exercise their diligent, good faith efforts to cause the Closing to occur as quickly as reasonably possible. (b) b. If at any time prior to the scheduled Closing DateOctober 31, all of 1999, the conditions contained in Article VII have been met to a party's obligation to close under Section 7.1 or waived, Buyer may give notice to Seller of the Closing. Such notice shall state a date and time, not less than ten Business Days from the date of such notice, for Closing to occur. (c) If on November 30, 1996, all of the conditions contained in Article VII Section 7.2 have not been met satisfied or waived, then unless the failure of condition resulted from such party's breach of any of its warranties or covenants under this Agreement, then that party may extend the Closing shall be deferred Date to a date until all such conditions have been met or waived but not to a date later that December than March 31, 19962000 (the "Outside Closing Date"). Upon If the Closing Date is so extended, then the Closing shall be held on either (at Seller's option) (i) the fifth day after all such conditions have been waived or satisfied or (ii) the last Business Day of the month in which all such conditions being so met are satisfied or waived, Seller or Buyer . Either party may give notice to notify the other that all such conditions have been satisfied or waived and may set the Closing for the last Business Day of the Closing, month in which such notice shall state a date and time, not less than ten Business Days from the date of such notice, for the Closing to occuris given.