Simultaneous Closing. The Formation Transactions shall close simultaneously with the closing of the IPO and the receipt of the net proceeds of the IPO by the Company (the “Closing”). The date on which the Formation Transactions close shall be the “Closing Date.”
Simultaneous Closing. Except to the extent (i) any of the Other Contribution Agreements have been terminated pursuant to Sections 2.3(b) or (f) therein, or (ii) the Closing Date has been extended pursuant to Section 2.3(b) hereof, or (iii) the Closing date under any Other Contribution Agreements have been extended pursuant to Section 2.3(b) thereof, Acquiror shall simultaneously close on the acquisition of each of the seven hotel properties owned by the DeBoxx Xxxiliated Partnerships under the Other Contribution Agreements.
Simultaneous Closing. Notwithstanding anything contained in this Agreement or any of the Other Agreements to the contrary, the Closing shall not occur unless there occurs the simultaneous closing of the transactions described in the Other Agreements.
Simultaneous Closing. All actions taken at the Closing shall be deemed to be performed simultaneously. The Parties shall deliver such additional documents and take such additional actions as may be reasonably necessary to complete the transactions contemplated hereby.
Simultaneous Closing. It shall be a condition to Purchaser’s obligation to close hereunder that the Closing of the transaction contemplated by this Agreement occur simultaneously with the closing of the transactions contemplated by the Other Purchase and Sale Agreements.”
Simultaneous Closing. The Contribution shall close simultaneously with the closings under the agreements listed on Schedule 6.8 hereof.
Simultaneous Closing. All actions taken at the Closing are to be part of a simultaneous transaction, and no action is to be considered completed until all actions necessary to be completed at the Closing have been completed.
Simultaneous Closing. The effectiveness of any action taken at the Closing towards fulfillment of any Closing Obligation is conditional upon completion of all other actions taken towards fulfillment of all other Closing Obligations; failure to complete one of said actions shall automatically render all other such actions null and void.
Simultaneous Closing. The delivery of all documents and actions taken at the Closing shall all be considered parts of a simultaneous transaction and no delivery of documents or action taken shall be considered completed until all documents for such Closing have been delivered and other action taken.
Simultaneous Closing. Subject to the provisions of SECTION -------------------- 4.1.9, in respect to the termination of the 2525 Agreement and the Tract A Agreement, the Closing of the transaction contemplated hereby shall be contingent upon the simultaneous closing of the Additional Properties pursuant to the terms and conditions of the Additional Property Agreements. Notwithstanding the foregoing, in the event (a) any of the Additional Property Agreements are terminated as a result of a Seller default, or in accordance with ARTICLE IX of the Additional Property Agreements, Buyer shall have the option, in its sole discretion, to terminate this Agreement and the Xxxxxxx Money shall be returned to Buyer or Buyer may waive the simultaneous closing condition and consummate the transaction contemplated herein and (b) the Tract A Agreement or the 2525 Agreement is terminated by Buyer or applicable Other Seller pursuant to SECTION 2.1(c) thereof, Buyer shall have the right to terminate this Agreement, in its sole discretion, in which event the Xxxxxxx Money shall be returned to Buyer or Buyer may consummate the transaction contemplated herein without regard to such termination.
