Common use of Timing of Closing Clause in Contracts

Timing of Closing. Subject to the provisions of this Agreement, Closing shall be effected by the Vendor satisfying its obligations under Clause 4.3 (Vendor’s Closing obligations) and by the Purchaser satisfying its obligations under Clause 4.4 (Purchaser’s Closing obligations) and shall take place on the Closing Date.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Teekay Offshore Partners L.P.)

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Timing of Closing. Subject to the provisions of this Agreement, Closing shall be effected by the Vendor satisfying its obligations under Clause 4.3 4.2 (Vendor’s Closing obligations) and by the Purchaser satisfying its obligations under Clause 4.4 4.3 (Purchaser’s Closing obligations) and shall take place on the Closing Date.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Option Agreement (Teekay Offshore Partners L.P.)

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