Common use of Date and Manner of Closing Clause in Contracts

Date and Manner of Closing. Subject to all conditions to closing contained in this Agreement having been satisfied (or deemed satisfied) or waived in writing, Escrow Agent shall close the escrow (the “Closing”) on December 29, 2014, or such earlier date as may be acceptable to Purchaser and Seller (the “Closing Date”), time being of the essence (subject only to either party’s express rights of extension or cure provided herein, in which event the party exercising such right will give the other party written notice, not less than three (3) business days’ prior to the scheduled Closing Date, of the extended Closing Date), by recording and delivering all documents and funds as set forth in Article VIII.

Date and Manner of Closing. Subject to all conditions to closing contained in this Agreement having been satisfied (or deemed satisfied) or waived in writing, Escrow Agent shall close the escrow (the “Closing”) as soon as all conditions to closing contained in this Agreement have been satisfied (or deemed satisfied) or waived in writing which shall in any event be not later than 11:00 a.m. Eastern Time on December August 29, 2014, or such earlier date as may be acceptable to Purchaser and Seller 2018 (the “Final Closing Date”), time being of the essence (subject only to either partySeller’s express rights of extension remedy or cure provided herein, in which event the party exercising such right Seller will give the other party written notice, Purchaser not less than three (3) business days’ prior to the scheduled Closing Date, notice of the extended Closing Datedate of Closing), by recording and delivering all documents and funds as set forth in Article VIII.