Common use of Time of Closing Clause in Contracts

Time of Closing. Unless otherwise agreed to in writing by the parties, Closing shall take place in Lubbock, Texas, on the first Monday following the receipt of the approvals required in Section 4.1.1, 4.1.2, and 4.1.11., above, and receipt of the approvals required in Section 4.1.1, 4.1.2 and 4.1.11 of each of the Related Agreements ("Closing Date"). Provided however, that if the Closing has not taken place by September 30, 1999, then Seller or Purchaser at no further cost or expense as a result of the act of terminating, may terminate this Agreement at any time by written notice to the other party.

Appears in 6 contracts

Samples: Asset Purchase Agreement (Group 1 Automotive Inc), Asset Purchase Agreement (Group 1 Automotive Inc), Asset Purchase Agreement (Group 1 Automotive Inc)

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