Common use of Interim Closings Clause in Contracts

Interim Closings. An interim closing ("Interim Closing") shall occur (i) on or prior to March 31, 2002 and (ii) on or prior to June 30, 2002. At each Interim Closing, the parties will execute and deliver (i) assignments and assumptions of the ROEs and Subscriber Agreements with respect to the MDU Properties described in the Take-Down Schedule as being completed prior to such Closing, and (ii) the documents contemplated by Sections 5.2.1 and 5.2.2 and by Articles X and XI.

Interim Closings. An interim closing ("Interim Closing") shall occur (i) on or prior to March 31, 2002 and (ii) on or prior to June 30, 20022002 (collectively the "Interim Closing Dates"). At each Interim Closing, the parties will execute and deliver (i) assignments and assumptions of the ROEs and Subscriber Agreements with respect to the MDU Properties described in the Take-Down Schedule as being completed prior to such Closing to the extent not previously transferred to Buyer at the Early Closing, and (ii) the documents contemplated by Sections 5.2.1 and 5.2.2 and by Articles X and XI.