{"component": "clause", "props": {"groups": [{"samples": [{"hash": "aBF9tRZg92T", "uri": "/contracts/aBF9tRZg92T#close", "label": "Member Service Agreement", "score": 35.27069497, "published": true}, {"hash": "hiRK75jJM3K", "uri": "/contracts/hiRK75jJM3K#close", "label": "Business Service Agreement", "score": 32.1602476243, "published": true}, {"hash": "8WxoRbj2D8W", "uri": "/contracts/8WxoRbj2D8W#close", "label": "Member Service Agreement", "score": 32.1602476243, "published": true}], "snippet_links": [{"key": "the-words", "type": "definition", "offset": [0, 9]}, {"key": "the-definition-of", "type": "definition", "offset": [129, 146]}, {"key": "computer-system", "type": "clause", "offset": [160, 175]}, {"key": "the-phrase", "type": "clause", "offset": [177, 187]}, {"key": "not-limited", "type": "clause", "offset": [220, 231]}, {"key": "software-and-technology", "type": "definition", "offset": [250, 273]}, {"key": "electronically-manage", "type": "clause", "offset": [284, 305]}, {"key": "credit-union", "type": "definition", "offset": [324, 336]}, {"key": "your-actions", "type": "clause", "offset": [359, 371]}, {"key": "information-and-documents", "type": "clause", "offset": [441, 466]}, {"key": "data-processing-system", "type": "definition", "offset": [472, 494]}, {"key": "our-records", "type": "clause", "offset": [564, 575]}, {"key": "for-further-information", "type": "clause", "offset": [577, 600]}], "snippet": "The words \u201cclose,\u201d \u201cclosed\u201d and \u201cclosing\u201d mean to \u201ctermi- nate\u201d an account, product, service or contract as we allow. Please see the definition of \u201cTerminate.\u201d Computer System. The phrase \u201ccomputer system\u201d means, but is not limited to, all hardware, software and technology we use to electronically manage any aspect of our Credit Union\u2019s business, including your actions and transactions on membership, accounts, loans, products, services, information and documents. Our data processing system is part of our computer system, and our com- puter system is part of our records. For further information, please see Provision 2.e.", "size": 13, "hash": "936560a86444826d741fd9baa22ff56f", "id": 1}, {"samples": [{"hash": "5rcBLzkD0CQ", "uri": "/contracts/5rcBLzkD0CQ#close", "label": "Provider User Agreement", "score": 31.3238921936, "published": true}, {"hash": "dEM7OQi1Joj", "uri": "/contracts/dEM7OQi1Joj#close", "label": "Provider User Agreement", "score": 29.4139588351, "published": true}, {"hash": "gpvKDpbXaEK", "uri": "/contracts/gpvKDpbXaEK#close", "label": "Provider User Agreement", "score": 29.3553122447, "published": true}], "snippet_links": [{"key": "the-services", "type": "definition", "offset": [0, 12]}, {"key": "additional-scope", "type": "definition", "offset": [106, 122]}, {"key": "applies-to", "type": "clause", "offset": [131, 141]}, {"key": "by-user", "type": "clause", "offset": [191, 198]}], "snippet": "The Services have been implemented and User has been transitioned from implementation to GHX support. The Additional Scope section applies to any additional implementation services requested by User after close.", "size": 4, "hash": "5233ab87c4e4ebc860a71cd862f1f514", "id": 3}, {"samples": [{"hash": "4MDfop0IF31", "uri": "/contracts/4MDfop0IF31#close", "label": "Global Agency Clearing Agreement, Global Principal Clearing Agreement, Prime Brokerage Agreement, 2011 Foa Professional Client Agreement, 2018 Fia Terms of Business", "score": 33.4857189383, "published": true}, {"hash": "fN817W5T83S", "uri": "/contracts/fN817W5T83S#close", "label": "Global Agency Clearing Agreement, Global Principal Clearing Agreement, Prime Brokerage Agreement, 2011 Foa Professional Client Agreement, 2018 Fia Terms of Business, Etd Agreement", "score": 31.2360330832, "published": true}, {"hash": "kLWInchEkk2", "uri": "/contracts/kLWInchEkk2#close", "label": "Global Agency Clearing Agreement, Global Principal Clearing Agreement, Prime Brokerage Agreement, 2011 Foa Professional Client Agreement, 2018 Fia Terms of Business, Etd Agreement", "score": 24.0321697467, "published": true}], "snippet_links": [{"key": "the-final", "type": "clause", "offset": [107, 116]}, {"key": "closing-prices", "type": "definition", "offset": [123, 137]}, {"key": "to-determine", "type": "definition", "offset": [279, 291]}, {"key": "prevailing-market-conditions", "type": "definition", "offset": [594, 622]}, {"key": "a-closing", "type": "definition", "offset": [624, 633]}, {"key": "lme-select", "type": "clause", "offset": [643, 653]}, {"key": "last-price", "type": "definition", "offset": [661, 671]}, {"key": "the-system", "type": "definition", "offset": [686, 696]}], "snippet": "(a) Most orders placed \u2018on the close\u2019 are for either the close of the second ring (official LME prices) or the final kerb (closing prices). Both these prices are demonstrable because of the publication of official and closing prices. Closing prices for other sessions are harder to determine, although the LME does publish unofficial prices which are established at the close of the fourth ring. In all circumstances, customers and members need to agree the style of execution i.e. bid/offer, mean or traded price. Members may not always be able to guarantee execution (price or volume) due to prevailing market conditions. A closing price on LME Select is the last price traded before the system closes.", "size": 5, "hash": "371a3d2c7266d47db050f8cc90438e30", "id": 2}, {"samples": [{"hash": "ldcbIwCXTEL", "uri": "/contracts/ldcbIwCXTEL#close", "label": "Monitor Cost Agreement", "score": 25.342635551, "published": true}, {"hash": "i0P5bP6cBnF", "uri": "/contracts/i0P5bP6cBnF#close", "label": "Monitoring Contract", "score": 25.0221393361, "published": true}], "snippet_links": [{"key": "up-reporting", "type": "clause", "offset": [73, 85]}], "snippet": "Out Visit 1 Study-Centre, 1 visit \u00e1 16 hours (incl. preparing and follow-up reporting) 16", "size": 3, "hash": "24aecdf54f3575b2c4dfab5f1ac708bf", "id": 4}, {"samples": [{"hash": "eEwNNvuXf7i", "uri": "/contracts/eEwNNvuXf7i#close", "label": "Securities Lending and Borrowing Agreement", "score": 29.6384261175, "published": true}, {"hash": "6l0X7htLMK7", "uri": "/contracts/6l0X7htLMK7#close", "label": "Securities Lending and Borrowing Agreement", "score": 29.6384261175, "published": true}], "snippet_links": [{"key": "securities-by", "type": "definition", "offset": [30, 43]}, {"key": "the-lender", "type": "clause", "offset": [52, 62]}, {"key": "prior-to-maturity-date", "type": "clause", "offset": [63, 85]}], "snippet": "Out shall be the repayment of Securities by KPEI to the Lender prior to maturity date.", "size": 2, "hash": "6819ea221926054e9e86e8b393f460a3", "id": 5}, {"samples": [{"hash": "9M6Fseoih1K", "uri": "/contracts/9M6Fseoih1K#close", "label": "Foreign Currency Loan (Liqtech International Inc)", "score": 20.8699520876, "published": true}, {"hash": "7yhOHND9KNJ", "uri": "/contracts/7yhOHND9KNJ#close", "label": "Overdraft Facility (Liqtech International Inc)", "score": 20.8699520876, "published": true}], "snippet_links": [{"key": "according-to", "type": "definition", "offset": [12, 24]}, {"key": "other-agreements", "type": "definition", "offset": [25, 41]}], "snippet": "out netting according to other agreements", "size": 2, "hash": "982212581560066c3fdfa8193d465c00", "id": 6}, {"samples": [{"hash": "gTyEnLOuSZG", "uri": "/contracts/gTyEnLOuSZG#close", "label": "Stock Transfer Agreement (Ipass Inc)", "score": 19.0191649555, "published": true}, {"hash": "iYk13dhdtHl", "uri": "/contracts/iYk13dhdtHl#close", "label": "Stock Transfer Agreement (Shamrock Activist Value Fund L P)", "score": 19.0, "published": true}], "snippet_links": [{"key": "two-closings", "type": "clause", "offset": [4, 16]}, {"key": "sale-and-purchase-of-the-shares", "type": "clause", "offset": [24, 55]}, {"key": "with-respect-to", "type": "clause", "offset": [73, 88]}, {"key": "such-purchaser", "type": "definition", "offset": [145, 159]}, {"key": "schedule-i", "type": "clause", "offset": [170, 180]}, {"key": "seller-shall", "type": "clause", "offset": [224, 236]}, {"key": "obligation-to-sell", "type": "clause", "offset": [253, 271]}, {"key": "prior-to-december", "type": "clause", "offset": [334, 351]}, {"key": "of-purchaser", "type": "clause", "offset": [400, 412]}, {"key": "place-and-time", "type": "clause", "offset": [430, 444]}, {"key": "the-parties", "type": "definition", "offset": [448, 459]}, {"key": "deliver-to-purchaser", "type": "definition", "offset": [503, 523]}, {"key": "shares-to-be-transferred", "type": "clause", "offset": [562, 586]}, {"key": "duly-endorsed", "type": "definition", "offset": [588, 601]}, {"key": "for-transfer", "type": "definition", "offset": [602, 614]}, {"key": "duly-executed", "type": "clause", "offset": [633, 646]}, {"key": "stock-powers", "type": "definition", "offset": [647, 659]}, {"key": "and-the-company", "type": "clause", "offset": [691, 706]}, {"key": "of-the-company", "type": "clause", "offset": [743, 757]}, {"key": "the-transfer-agent", "type": "clause", "offset": [770, 788]}, {"key": "ownership-of-the", "type": "clause", "offset": [801, 817]}, {"key": "uncertificated-shares", "type": "definition", "offset": [818, 839]}, {"key": "the-seller-to-the-purchaser", "type": "clause", "offset": [845, 872]}, {"key": "book-entries", "type": "clause", "offset": [893, 905]}, {"key": "direct-registration-system", "type": "definition", "offset": [916, 942]}, {"key": "to-be-updated", "type": "clause", "offset": [1000, 1013]}, {"key": "record-owner", "type": "definition", "offset": [1051, 1063]}, {"key": "the-stock", "type": "clause", "offset": [1118, 1127]}, {"key": "exhibit-a", "type": "clause", "offset": [1165, 1174]}, {"key": "date-of", "type": "clause", "offset": [1226, 1233]}, {"key": "in-accordance-with", "type": "definition", "offset": [1245, 1263]}], "snippet": "The two closings of the sale and purchase of the Shares shall take place with respect to each of MTVP and MTRCM on such date as set forth beside such Purchaser\u2019s name on Schedule I (each, a \u201cClose\u201d); provided, however, that Seller shall have no further obligation to sell the Shares to Purchaser if the Closes have not occurred on or prior to December 31, 2009. Each Close shall occur at the offices of Purchaser or at such other place and time as the parties may agree. At each Close, Seller shall (i) deliver to Purchaser the certificate(s) representing 4,000 Shares to be transferred, duly endorsed for transfer or accompanied by duly executed stock powers, (ii) deliver to the Purchaser and the Company\u2019s transfer agent the correspondence of the Company instructing the transfer agent to transfer ownership of the uncertificated Shares from the Seller to the Purchaser and (iii) cause the book entries through a direct registration system for the remainder of the Shares which are uncertificated to be updated to reflect that Purchaser is the new record owner of such Shares, all such transfers being evidenced by the Stock Power in the form attached hereto as Exhibit A, as applicable, and effective as of the applicable date of such Close in accordance with Schedule I.", "size": 2, "hash": "2b1427f69cc58c5ca17e604477ba0012", "id": 7}, {"samples": [{"hash": "1XffRuzzMwy", "uri": "/contracts/1XffRuzzMwy#close", "label": "Trademark License Agreement", "score": 31.340862423, "published": true}, {"hash": "5ECTJ560N9Q", "uri": "/contracts/5ECTJ560N9Q#close", "label": "Trademark License Agreement (Phoenix Footwear Group Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "disposed-of", "type": "definition", "offset": [12, 23]}, {"key": "by-licensee", "type": "clause", "offset": [24, 35]}, {"key": "channels-of-distribution", "type": "definition", "offset": [55, 79]}, {"key": "exhibit-j", "type": "definition", "offset": [113, 122]}, {"key": "clearly-marked", "type": "definition", "offset": [180, 194]}, {"key": "of-licensor", "type": "clause", "offset": [280, 291]}, {"key": "with-respect-to", "type": "clause", "offset": [311, 326]}, {"key": "as-required", "type": "clause", "offset": [352, 363]}, {"key": "this-agreement", "type": "clause", "offset": [370, 384]}], "snippet": "Outs may be disposed of by Licensee through its Normal Channels of Distribution for Close-Outs, as described in \u201cExhibit J\u201d. However, damaged and / or irregular Close-outs must be clearly marked as such, and remain of a quality not inconsistent with the quality-control standards of Licensor. All royalties due with respect to Close-outs shall be paid as required under this Agreement.", "size": 2, "hash": "d156dcae97232cc5f32307da8e0a22b8", "id": 8}, {"samples": [{"hash": "38mzeu6afFW", "uri": "/contracts/38mzeu6afFW#close", "label": "Agreement for Exchange and Purchase and Escrow Instructions (Symantec Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "transferee-party", "type": "definition", "offset": [3, 19]}, {"key": "transferor-party", "type": "definition", "offset": [51, 67]}, {"key": "terminate-this-agreement", "type": "clause", "offset": [87, 111]}, {"key": "in-accordance-with", "type": "definition", "offset": [112, 130]}, {"key": "the-closing", "type": "definition", "offset": [153, 164]}, {"key": "reduction-in", "type": "definition", "offset": [249, 261]}, {"key": "the-purchase-price", "type": "clause", "offset": [262, 280]}, {"key": "to-transferee", "type": "clause", "offset": [316, 329]}, {"key": "condemnation-actions", "type": "definition", "offset": [378, 398]}, {"key": "deliver-to", "type": "definition", "offset": [415, 425]}, {"key": "to-transferor", "type": "clause", "offset": [469, 482]}, {"key": "by-transferor", "type": "clause", "offset": [489, 502]}, {"key": "with-respect-to", "type": "clause", "offset": [519, 534]}, {"key": "fire-or-other-casualty", "type": "clause", "offset": [540, 562]}, {"key": "insurance-proceeds", "type": "definition", "offset": [651, 669]}, {"key": "equal-to", "type": "definition", "offset": [670, 678]}, {"key": "reasonable-expenses", "type": "definition", "offset": [698, 717]}, {"key": "caused-by", "type": "clause", "offset": [760, 769]}, {"key": "at-closing", "type": "clause", "offset": [799, 809]}, {"key": "in-the-case", "type": "clause", "offset": [811, 822]}, {"key": "a-credit", "type": "definition", "offset": [897, 905]}, {"key": "lesser-of", "type": "definition", "offset": [941, 950]}, {"key": "estimated-cost-of-restoration", "type": "definition", "offset": [955, 984]}, {"key": "signature-page-for", "type": "definition", "offset": [1031, 1049]}, {"key": "exchange-and-purchase", "type": "clause", "offset": [1068, 1089]}, {"key": "and-escrow-instructions", "type": "clause", "offset": [1090, 1113]}], "snippet": "If Transferee Party shall not have timely notified Transferor Party of its election to terminate this Agreement in accordance with Subsection (a) above, the Closing shall occur just as if such condemnation, loss, or damage had not occurred, without reduction in the Purchase Price, and Transferor Party shall assign to Transferee Party all of Transferor Party's interest in any condemnation actions and proceeds or deliver to Transferee Party any and all proceeds paid to Transferor Party by Transferor Party's insurer with respect to such fire or other casualty; provided, however, that Transferor Party shall be entitled to retain an amount of such insurance proceeds equal to Transferor Party's reasonable expenses, if any, incurred in repairing the damage caused by such fire or other casualty. At Closing, in the case of a fire or other casualty, Transferor Party shall give Transferee Party a credit on the Purchase Price equal to the lesser of the estimated cost of restoration or the amount of the deductible. [THIS IS THE SIGNATURE PAGE FOR THE AGREEMENT FOR EXCHANGE AND PURCHASE AND ESCROW INSTRUCTIONS dated September 22, 1998 by and between Symantec Corporation as and TST Development, L.L.C.", "size": 1, "hash": "4b641a54d8811178a21bbd444d465cd6", "id": 9}, {"samples": [{"hash": "fOOQvh9U5t6", "uri": "/contracts/fOOQvh9U5t6#close", "label": "Purchase and Sale Agreement (Matrix Pharmaceutical Inc/De)", "score": 18.0, "published": true}], "snippet_links": [{"key": "without-waiving", "type": "clause", "offset": [13, 28]}, {"key": "of-the-buyer", "type": "clause", "offset": [51, 63]}, {"key": "other-rights", "type": "definition", "offset": [100, 112]}, {"key": "buyer-may", "type": "definition", "offset": [119, 128]}], "snippet": "Close escrow without waiving or curing the failure of the Buyer's Condition but without waiving any other rights which Buyer may have against Seller, which rights are expressly reserved hereby; or", "size": 1, "hash": "0c7e06b4dc9eed286376c8e99b9f013b", "id": 10}], "next_curs": "Ck4SSGoVc35sYXdpbnNpZGVyY29udHJhY3RzcioLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig5jbG9zZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["milestones", "Milestones"], ["definition", "Definition"], ["sale-and-acquisition-of-the-shares", "Sale and Acquisition of the Shares"], ["severability", "Severability"], ["impossibility-of-transfer", "Impossibility of Transfer"]], "title": "Close", "size": 62, "children": [["", ""], ["authority", "Authority"], ["absence-of-certain-changes-or-events", "Absence of Certain Changes or Events"], ["organization-standing-and-corporate-power", "Organization, Standing and Corporate Power"], ["financial-statements", "Financial Statements"]], "id": "close", "related": [["completion-date", "Completion Date", "Completion Date"], ["commercial-operation-date", "Commercial Operation Date", "Commercial Operation Date"], ["closeout", "Closeout", "Closeout"], ["close-outs", "Close-outs", "<strong>Close</strong>-outs"], ["close-of-escrow", "Close of Escrow", "<strong>Close</strong> of Escrow"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00", "also_ask": ["What are the essential elements to include in a 'Close' clause to ensure enforceability?", "How can the 'Close' clause be strategically negotiated to protect client interests?", "What are the most common risks or pitfalls associated with poorly drafted 'Close' clauses?", "How does the interpretation of 'Close' clauses differ across key jurisdictions?", "What factors do courts consider when determining the validity of a 'Close' clause in litigation?"], "drafting_tip": "Specify the effective date and conditions for closing to ensure clarity; outline required deliverables to prevent disputes; allocate responsibilities to facilitate smooth completion.", "explanation": "The \"Close\" clause defines the procedures and requirements for formally ending a transaction or agreement. Typically, it outlines the steps both parties must take to complete all obligations, such as delivering final documents, transferring funds, or confirming that all conditions have been met. This clause ensures that the conclusion of the agreement is orderly and that all parties are clear on their responsibilities at the end, thereby preventing disputes or misunderstandings about what is required to finalize the arrangement."}, "json": true, "cursor": ""}}