Common use of Primary Closing Clause in Contracts

Primary Closing. The closing of the purchase and sale of the Primary Closing Shares and the A Warrant (the "Primary Closing") shall take place at the offices of Mechanical Technology Incorporated in Latham, New York, or by transmission by facsimile and overnight courier, immediately following the execution hereof or such later date or different location as the parties shall agree, but not prior to the date that the conditions set forth in Section 4.1 have been satisfied or waived by the appropriate party (the "Primary Closing Date").

Primary Closing. The closing of the purchase and sale of the Primary --------------- Closing Shares and the A Warrant (the "Primary Closing") shall take place at the --------------- offices of Mechanical Technology Incorporated in Latham, New York, or by transmission by facsimile and overnight courier, immediately following the execution hereof or such later date or different location as the parties shall agree, but not prior to the date that the conditions set forth in Section 4.1 have been satisfied or waived by the appropriate party (the "Primary Closing --------------- Date").