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Common use of Extension of the Closing Date Clause in Contracts

Extension of the Closing Date. The Closing Date stated in Section 2.6 shall be extended by one Trading Day for each Delivery Default Day during the Delivery Default Period.

Appears in 2 contracts

Sources: Preferred Stock Purchase Agreement (Action Sports Media, Inc.), Preferred Stock Purchase Agreement (Kleangas Energy Technologies, Inc.)

Related Clauses

  • Extension of Closing Date
  • Extension of the Term
  • Conditions to the Closing Date
  • Extension of Commitment Termination Date
  • Additional Closing

Parent Clauses

  • Conditions Precedent to Performance Special Rights Regarding Certain Third Party Agreement Defaults
  • Purchase and Sale Of Common Stock
  • Closing
  • Time and Place
  • CONDITIONS TO CLOSING

Sub-Clauses

  • Special Provisions Regarding Sonoma Assets
  • Fairmont Sonoma Mission Inn & Spa Lender Consent
  • Houston Declaration
  • Initial Deferral Period
  • Second Deferral Period
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