Common use of Target Closing Date Clause in Contracts

Target Closing Date. The target date for the consummation of the transaction contemplated by any Purchase Bid or Investment Bid is April 15, 2015 (the “Target Closing Date”). Following review of the ▇▇▇▇ in accordance with section 15 and section 16, the Target Closing Date may be extended by the Petitioners, with the written consent of the Monitor, the Interim Lender and the Agent or by order of the Court.