Common use of 01Closing Clause in Contracts

01Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall take place on March 01, 2021, or at such other date that the parties shall mutually agree that the pre-closing conditions described below have been satisfied or waived (the "Closing Date") at such place or manner as the parties may mutually agree upon. The consummation of the transactions contemplated by this Agreement shall be deemed to occur at 12:01 a.m. PST on the Closing Date. The following are conditions precedent to the Closing occurring: (a) Parent shall have taken all necessary corporate action, obtained all necessary approvals and submitted all required filings in order to issue the Payment Shares to Seller free and clear as described herein; and (b) Seller shall have obtained any required consents to the sale of the Shares required under any of Seller’s Material Contracts.

01Closing. The closing of the transactions contemplated by this Agreement (the "Closing") shall take place on March 0116, 2021, or at such other date that the parties shall mutually agree that the pre-closing conditions described below have been satisfied or waived (the "Closing Date") at such place or manner as the parties may mutually agree upon. The consummation of the transactions contemplated by this Agreement shall be deemed to occur at 12:01 a.m. PST on the Closing Date. The following are conditions precedent to the Closing occurring: (a) Parent Buyer shall have taken all necessary corporate action, obtained all necessary approvals and submitted all required filings in order to issue purchase the Payment Shares to Seller free and clear as described herein; Shares, and (b) Seller shall have obtained any required consents to the sale of the Shares required under any of Seller’s Material Contracts.