Common use of Closing Notification Clause in Contracts

Closing Notification. Subject to satisfaction or waiver by the party entitled to the benefit of the conditions set forth in Article III (other than conditions that by their nature are to be satisfied at Closing, but subject to the satisfaction or, to the extent permissible, waiver of those conditions at Closing), the closing of subscription of the Subscription Units pursuant to this Section 2.2 (the “Closing”) shall take place by electronic means on the Closing Date or at such time and date and other place as the parties may mutually agree, provided that the Company shall notify the Subscriber in writing at least ten (10) business days prior to Closing, the Closing Date, the number of Subscription Units, the total subscription amount and the payment instructions.

Appears in 2 contracts

Sources: Subscription Agreement, Subscription Agreement (CM Seven Star Acquisition Corp)