Common use of Additional Closing Procedures Clause in Contracts

Additional Closing Procedures. 1. First, prior to completion of the Merger (as defined in Section 5.1(a)) the Company shall enter into one or more agreements with Republic Property Limited Partnership (“RPLP”) whereby RPLP agrees to sell, and the Company agrees to purchase, 100% of RPLP’s ownership interests in Republic ▇▇▇▇ ▇▇▇▇▇▇ LLC, a Delaware limited liability company, RPLP I LLC, a Delaware limited liability company, and RPT 1425 Investors, LP, a Delaware limited partnership, for a combined purchase price (the “Purchase Price”) of $76,540,000.00. The interests to be conveyed pursuant to this Paragraph are referred to herein collectively as the “Purchased Interests”. The Purchased Interests and the Contributed Interests are sometimes referred to herein collectively as the “Interests”. Republic 20th Street LLC, RPLP I LLC and RPT 1425 Investors, LP are referred to herein collectively as the “Purchased Entities”.