Common use of Location and Time Periods Clause in Contracts

Location and Time Periods. The closing of any sale of a Membership Interest in the Company pursuant to this Section 16.04 shall be held at the principal offices of the Company, unless otherwise mutually agreed, on a mutually acceptable date not more than ninety (90) Days after (A) the receipt by the Impasse Initiator of the written notice of election by the Impasse Respondent, or (B) after the expiration of the time within which the Impasse Respondent must so elect, as provided in Section 16.04(b)(iii).

Location and Time Periods. The closing of any sale of a Membership Interest in the Company pursuant to this Section 16.04 16.05(b) shall be held at the principal offices of the Company, unless otherwise mutually agreed, on a mutually acceptable date not more than ninety (90) Days after (A) the receipt by the Impasse Buy/Sell Initiator of the written notice of election by the Impasse Buy/Sell Respondent, or (B) after the expiration of the time within which the Impasse Respondent Buy/Sell Respondents must so elect, as provided in Section 16.04(b)(iii16.05(b)(i)(C).