Common use of 1Closing Date Clause in Contracts

1Closing Date. Unless this Agreement shall have been terminated pursuant to Section 10.1, and provided that the conditions set forth in Article 7 are satisfied or waived, the closing with respect to the transactions contemplated by this Agreement (the “Closing”) shall take place on the first day of the month occurring after the month in which all of the conditions set forth in Article 7 have been satisfied or waived, other than conditions that, by their nature, will be satisfied at the Closing, or such other date as Buyer and Parent agree in writing. The Parties intend that the pre-Closing and Closing shall be effected, to the extent practicable, by conference call, the electronic delivery of documents, and the prior physical exchange of certificates and certain other documents and instruments to be held in escrow by outside counsel to the recipient Party pending authorization by the delivering Party (or its outside counsel) of their release at the Closing. The actual date of the Closing is referred to as the “Closing Date,” and if the Closing occurs, the Closing shall be deemed to have become effective as of 12:01 a.m. on the Closing Date.

1Closing Date. Unless this Agreement shall have been terminated pursuant to Section 10.19.1, and provided that the conditions set forth in Article 7 6 are satisfied or waived, the closing with respect to the transactions contemplated by this Agreement Transactions (the “Closing”) shall take place at 8:00 a.m., Central Standard Time, on the first day of the month occurring second (2nd) Business Day after the month in which satisfaction or waiver of all of the conditions set forth in Article 7 have been satisfied or waived6, other than conditions that, by their nature, will be satisfied at the Closing, or such other location, time and date as Buyer and Parent the Parties shall agree in writing. The Parties intend that the pre-Closing and Closing shall be effected, to the extent practicable, by conference call, the electronic delivery of documents, documents and the prior physical exchange of certificates and certain other documents and instruments to be held in escrow by outside counsel to the recipient Party pending authorization by the delivering Party (or its outside counsel) of their release at the Closing. The actual date of the Closing is referred to as the “Closing Date,” and if the Closing occurs, the Closing shall be deemed to have become effective as of 12:01 a.m. on the Closing Date.