Common use of Place and Date of Closing Clause in Contracts

Place and Date of Closing. After satisfactory completion of the enumerated conditions set forth in subsection (a) and (b) of this Section 3, the Closing shall take place at the offices of Seller on or before January ___, 2011 (the “Closing Date”). In the event the Closing does not occur by the Closing Date, then this Agreement shall terminate and the rights and obligations of the parties to this Agreement shall be of no further force and effect; provided that no party hereunder shall be relieved of any breach of this Agreement occurring prior to such termination date. At Closing, each party hereto shall deliver to the other such documents, certificates and consents, approvals and waivers of third parties that shall be reasonably necessary to satisfy the obligations of the parties hereunder.