Common use of Effective Date and Closing Clause in Contracts

Effective Date and Closing. The conveyance of the Subject Property to Buyer (and of the ▇▇▇▇▇▇ Interests to the ▇▇▇▇▇▇ Transferees) shall be effective as of December 1, 2010 at 7:00 a.m. where the Subject Properties are located (the “Effective Date”), but record title and possession thereof shall be delivered at the “Closing”, which shall take place on or before December 10, 2010 (the “Closing Date”) unless extended by agreement of the Parties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Oasis Petroleum Inc.)

Effective Date and Closing. The Seller’s conveyance of the Subject Property to Buyer (and of the ▇▇▇▇▇▇ Interests to the ▇▇▇▇▇▇ Transferees) shall be effective as of December February 1, 2010 2011, at 7:00 a.m. where the Subject Properties are located (the “Effective Date”), but record title and possession thereof shall be delivered at the “Closing”, ,” which shall take place on or before December 10October 13, 2010 2011 (the “Closing Date”) unless extended by agreement of the Parties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Lucas Energy, Inc.)

Effective Date and Closing. The Seller’s conveyance of the Subject Property to Buyer (and of the ▇▇▇▇▇▇ Interests to the ▇▇▇▇▇▇ Transferees) shall be effective as of December 1, 2010 2011, at 7:00 a.m. where the Subject Properties are located (the “Effective Date”), but record title and possession thereof shall be delivered at the “Closing”, ,” which shall take place on or before December 1029, 2010 2011 (the “Closing Date”) unless extended by agreement of the Parties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Lucas Energy, Inc.)

Effective Date and Closing. The Seller’s conveyance of the Subject Property to Buyer (and of the ▇▇▇▇▇▇ Interests to the ▇▇▇▇▇▇ Transferees) shall be effective as of December August 1, 2010 2011, at 7:00 a.m. where the Subject Properties are located (the “Effective Date”), but record title and possession thereof shall be delivered at the “Closing”, ,” which shall take place on or before December 10October 13, 2010 2011 (the “Closing Date”) unless extended by agreement of the Parties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Lucas Energy, Inc.)

Effective Date and Closing. The conveyance of the Subject Property to Buyer (and of the ▇▇▇▇▇▇ Interests to the ▇▇▇▇▇▇ Transferees) shall be effective as of December November 1, 2010 2006 at 7:00 a.m. where the Subject Properties are located (the "Effective Date"), but record title and possession thereof shall be delivered at the "Closing", which shall take place on or before December 10November 30, 2010 2006 (the "Closing Date") unless extended by the mutual agreement of the Parties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (New Frontier Energy Inc)

Effective Date and Closing. The conveyance of the Subject Property to Buyer (and of the ▇▇▇▇▇▇ Interests to the ▇▇▇▇▇▇ Transferees) shall be effective as of December June 1, 2010 at 7:00 a.m. where the Subject Properties are located (the "Effective Date"), but record title and possession thereof shall be delivered at the "Closing", which shall take place on or before December 10June 30, 2010 (the "Closing Date") unless extended by written agreement of the Parties. If Closing does not occur on or before June 30, 2010, and is not extended by the parties, this Agreement shall ipso facto terminate and Seller shall have the remedy therefor as provided in Section 2.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Reef Oil & Gas Income & Development Fund III LP)