Common use of Date and Manner of Closing Clause in Contracts

Date and Manner of Closing. The closings of the Transactions (each, a “Closing,” the first of such Closings, the “First Closing” and the last of such Closings, the “Final Closing”) may occur on a rolling Company-by-Company basis. Each Closing of the purchase and sale of the Purchased Securities with respect to a Company shall take place promptly following the satisfaction or waiver of the closing conditions set forth in ARTICLE 7 herein with respect to such Company. There shall not be any Closings prior to the First Closing.