Common use of Purchase Closing Clause in Contracts

Purchase Closing. Unless this Agreement being terminated pursuant to Article VIII before the Purchase Closing Date, subject to the terms and conditions set forth in this Agreement, the sale and purchase of the Shares shall be accomplished within three (3) business days after the Purchase Closing Date. On the Purchase Closing Date, the Seller shall deliver/accomplish or cause to be delivered/accomplished the following items: (1) all previously undelivered documents and the Ancillary Documents required under Article VII hereto; (2) in respect of Company, the business license, common seal (if exists), registered certificates of share or share certificate book (including the registered certificates of those un-issued share) and all minute books and other statutory books or equivalent items which shall be kept by relevant shareholders, in accordance with the Law of the jurisdiction where Company is registered ; and (3) any other procedures which are necessary for the legal transfer of the Share to the Buyer on the Purchase Closing Date.