Common use of Time; Location Clause in Contracts

Time; Location. The consummation of the purchase and sale of the Assets pursuant to this Agreement (the "Closing") shall be held at the offices of Cravath, Swaine & ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ (or such other place as the parties shall agree) and shall be deemed to occur at midnight following 11:59 P.M. Las Vegas time on the Closing Date (the "Transfer Time"). The Closing shall occur on a date (the "Closing Date") as soon as practicable, but no later than the sixth Business Day after satisfaction (or waiver by the applicable party) of the conditions set forth in Sections 11.1 and 11.2, and in any event on or prior to November 17, 2000 (the "Outside Date").

Appears in 2 contracts

Sources: Asset and Land Purchase Agreement (Starwood Hotels & Resorts), Asset and Land Purchase Agreement (Sun International Hotels LTD)