Common use of Escrow Closing Clause in Contracts

Escrow Closing. A closing into Escrow (“Escrow Closing”) will take place at the offices of Xxxxxx Xxxxxx LLP in Houston, Texas, not less than two business days prior to the date of the special meeting date of shareholders of Matrix as set forth in the Proxy Statement/Prospectus mailed to Matrix shareholders in connection with the Matrix Merger, but in no event later than Outside Date; provided that each of the conditions precedent to the obligations of the parties to effect the Closing other than completion of the Matrix Merger are then satisfied or waived by the applicable party. At the Escrow Closing, the parties will deliver or cause to be delivered into escrow with the escrow agent (“Escrow Agent”) under the Escrow Agreement set forth in Exhibit C hereto, the documents described in Section 8.04 below. The parties may agree in writing on another date, time or place for the Escrow Closing.

Escrow Closing. A closing into Escrow (“Escrow Closing”) will take place at the offices of Xxxxxx Xxxxxx LLP in Houston, Texas, not less than two business days prior to the date of the special meeting date of shareholders of Matrix as set forth in the Proxy Statement/Prospectus mailed to Matrix shareholders in connection with the Matrix Merger, but in no event later than Outside Date; provided that each of the conditions precedent to the obligations of the parties to effect the Closing other than completion of the Matrix Merger are then satisfied or waived by the applicable party. At the Escrow Closing, the parties will deliver or cause to be delivered into escrow with the escrow agent (“Escrow Agent”) under the Escrow Agreement set forth in Exhibit C B hereto, the documents described in Section 8.04 below. The parties may agree in writing on another date, time or place for the Escrow Closing.