Common use of Effective Date and Closing Clause in Contracts

Effective Date and Closing. The conveyance of the Subject Property to Buyer shall be effective as of November 1, 2006 at 7:00 a.m. where the Subject Properties are located (the "Effective Date"), but title thereof shall be delivered at the "Closing", which shall take place on or before November 30, 2006 (the "Closing Date") unless extended by the mutual agreement of the Parties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (New Frontier Energy Inc)

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Effective Date and Closing. The Seller’s conveyance of the Subject Property to Buyer shall be effective as of November February 1, 2006 2011, at 7:00 a.m. where the Subject Properties are located (the "Effective Date"), but title thereof shall be delivered at the "Closing", ,” which shall take place on or before November 30October 13, 2006 2011 (the "Closing Date") unless extended by the mutual agreement of the Parties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lucas Energy, Inc.)

Effective Date and Closing. The Seller’s conveyance of the Subject Property to Buyer shall be effective as of November August 1, 2006 2011, at 7:00 a.m. where the Subject Properties are located (the "Effective Date"), but title thereof shall be delivered at the "Closing", ,” which shall take place on or before November 30October 13, 2006 2011 (the "Closing Date") unless extended by the mutual agreement of the Parties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lucas Energy, Inc.)

Effective Date and Closing. The Seller’s conveyance of the Subject Property to Buyer shall be effective as of November December 1, 2006 2011, at 7:00 a.m. where the Subject Properties are located (the "Effective Date"), but title thereof shall be delivered at the "Closing", ,” which shall take place on or before November 30December 29, 2006 2011 (the "Closing Date") unless extended by the mutual agreement of the Parties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lucas Energy, Inc.)

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Effective Date and Closing. The conveyance of the Subject Property to Buyer shall be effective as of November June 1, 2006 2010 at 7:00 a.m. where the Subject Properties are located (the "Effective Date"), but title thereof shall be delivered at the "Closing", which shall take place on or before November June 30, 2006 2010 (the "Closing Date") unless extended by the mutual written agreement of the Parties. If Closing does not occur on or before June 30, 2010, and is not extended by the parties, this Agreement shall ipso facto terminate and Seller shall have the remedy therefor as provided in Section 2.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Reef Oil & Gas Income & Development Fund III LP)

Effective Date and Closing. The conveyance of the Subject Property to Buyer (and of the Xxxxxx Interests to the Xxxxxx Transferees) shall be effective as of November December 1, 2006 2010 at 7:00 a.m. where the Subject Properties are located (the "Effective Date"), but record title and possession thereof shall be delivered at the "Closing", which shall take place on or before November 30December 10, 2006 2010 (the "Closing Date") unless extended by the mutual agreement of the Parties.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Oasis Petroleum Inc.)

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