The Closing Termination. (a) The Closing shall be held at the offices of ▇▇▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, LLP, in New York City on the Closing Date or on such other date not later than thirty days subsequent thereto as may be agreed upon by Buyer and the Corporation. At the Closing, the parties hereto will execute and deliver all documents and instruments necessary to effect the transfers provided for herein and not theretofore effected and to evidence their respective compliance with the provisions of this Agreement. (b) Each of Buyer and the Corporation shall have the right, in the event that the Closing shall not be held by October 31, 1996, and if such failure to close shall be attributable to any cause or event other than a failure by it to perform an action required to be performed by it pursuant to this Agreement, to terminate this Agreement on written notice to the other.
Appears in 2 contracts
Sources: Preferred Stock and Warrant Purchase Agreement (Clearview Cinema Group Inc), Preferred Stock and Warrant Purchase Agreement (Clearview Cinema Group Inc)