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Closing Conditions
Closing Conditions contract clause examples
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Closing. The consummation of the transaction contemplated herein (“Closing”) shall occur on the Closing Date pursuant to an escrow closing conducted by Escrow Agent. No later than 12:00 p.m. Chicago time on the Closing Date, shall deposit the funds required to be deposited by pursuant to the Closing Statement in the closing escrow account with a bank satisfactory to and . Upon satisfaction or waiver of all closing conditions and delivery of all items required to be delivered into escrow in order to effectuate the Closing, the parties shall direct Escrow Agent to immediately record and deliver the closing documents to the appropriate parties and make disbursements according to the closing statement executed by and (the “Closing Statement”).

Closing. The closing (the “Closing”) of the purchase of the Common Shares, the Series A Warrants and the Series B Warrants by the Buyers shall occur at the offices of Kelley Drye & Warren LLP, 101 Park Avenue, New York, NY 10178. The date and time of the Closing (the “Closing Date”) shall be 11:00 a.m., New York time, on the first (1st) Business Day on which the conditions to the Closing set forth in Sections 6 and 7 below are satisfied or waived (or such other date as is mutually agreed to by the Company and each Buyer), but in no event later than the third # Trading Day (as defined in the Warrants) after the date hereof. As used herein “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks in New York, New York are authorized or required by law to remain closed.

Closing. On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $[​ of Shares and Warrants. Each Purchaser’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser shall be made available for “Delivery Versus Payment” settlement with the Company. The Company shall deliver to each Purchaser its respective Shares and a Warrant as determined pursuant to Section 2.2(a), and the Company and each Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Closing. Upon satisfaction of the covenants and conditions set forth in [Sections 2.2 and 2.3], the Closing shall occur at the offices of Company Counsel or such other location as the parties shall mutually agree. Unless otherwise directed by the Placement Agent, settlement of the Shares shall occur via “Delivery Versus Payment” (“DVP”) (i.e., on the Closing Date, the Company shall issue the Shares registered in the Purchasers’ names and addresses and released by the Transfer Agent directly to the account(s) at the Placement Agent identified by each Purchaser; upon receipt of such Shares, the Placement Agent shall promptly electronically deliver such Shares to the applicable Purchaser, and payment therefor shall be made by the Placement Agent (or its clearing firm) by wire transfer to the Company).

Closing. Subject to the terms and conditions of this Agreement, the closing of the Transaction (the “Closing”) shall take place by a so-called “virtual closing” pursuant to which all Closing deliveries may be effected by telephone, facsimile, e-mail, PDF, wire transfer and/or similar means on the third (3rd) Business Day following the satisfaction or waiver of all conditions contained in [Article VIII] (except for those conditions which by their nature are to be satisfied at Closing, but subject to the satisfaction or waiver of such conditions), or on such other date, place and time as the Representative and Purchaser may agree in writing, but in any event not later than the Outside Date, unless the Parties agree in writing to another date. The date on which the Closing occurs is referred to herein as the “Closing Date”.

Closing. Unless the Parties agree otherwise, subject to the conditions stated in this Agreement and the consummation of the transactions contemplated hereby, the Closing shall be held on the Closing Date at a place mutually agreed to by the Parties.

Closing. The closing shall take place, subject to the terms and conditions of this Agreement, no later than December 31, 2015 (the “Closing”).

Closing. Subject to the satisfaction or waiver of the conditions to closing set forth in Article VI, the closings of the transactions contemplated by this Article II shall be held at the offices of [[Organization C:Organization]] at 4801 Main Street, Suite 1000, [[Address A:Address]]. Subject to [Sections 5.12] and [Section 5.13], the closing of the transactions contemplated by [Section 2.1(b)-(e)] (the “Initial Closing”) shall occur on the second Business Day following the satisfaction or waiver of all of the conditions set forth in Article VI with respect to the Initial Closing (other than conditions to be satisfied at the Initial Closing but subject to the satisfaction or waiver thereof at the Initial Closing) but in no event earlier than May 20, 2016 (such date, the “Initial Closing Date”), commencing at 9:00 a.m., Kansas City time, or such other place, date and time as may be mutually agreed upon in writing by the Parties hereto. Subject to [Sections 5.12] and [Section 5.13], the closing of the transactions contemplated by [Section 2.1(f)-(h)])] (the “Second Closing”) shall occur on the second Business Day following the satisfaction or waiver of all of the conditions set forth in Article VI with respect to the Second Closing (other than conditions to be satisfied at the Second Closing but subject to the satisfaction or waiver thereof at the Second Closing) (such date, the “Second Closing Date”), commencing at 9:00 a.m., Kansas City time, or such other place, date and time as may be mutually agreed upon in writing by the Parties hereto.

Closing. The closing of the transactions contemplated by this Agreement (the “Closing”) shall take place on the date hereof, effective as of 11:59 p.m. (the "Effective Time") on such date (the “Closing Date”), via the electronic exchange of counterpart signature pages, and the delivery of the original documents shall be made promptly following the Closing Date.

Conditions. The obligations of the Initial Purchasers to purchase the Securities under this Agreement are subject to the performance by each of the Company and the Guarantors of their respective covenants and obligations hereunder and the satisfaction of each of the following conditions:

Conditions. This Amendment (other than Section 9 below, which is effective immediately upon this Amendment’s execution and delivery) will be effective as of the Effective Date upon satisfaction of the following conditions:

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