Common use of Share Exchange Closing Clause in Contracts

Share Exchange Closing. (a) GEGP will deliver a certificate representing the Exchange Shares and registered in the name of MEDIWORX (and its shareholders), and MEDIWORX will deliver certificate(s) representing the Shares and registered in the name of GEGP. Subject to the satisfaction of the conditions set forth in Article VI, the time and date of such deliveries shall be 4:00 p.m., Eastern Standard Time, on a date and at a place to be specified by the Parties (the "Share Exchange Closing"), which date shall be no later than the day after satisfaction or waiver of the latest to occur of the conditions set forth in Article VI hereof. (b) The documents to be delivered at the Share Exchange Closing by or on behalf of the Parties hereto pursuant to this Article II and any additional documents requested by MEDIWORX pursuant to Section 9.2, will be delivered at the Share Exchange Closing by digital delivery to the offices of GEGP and acknowledgment by all Parties. ARTICLE III, CONSIDERATION.