Transaction Closing Clause Samples
The Transaction Closing clause defines the specific conditions and procedures required for the formal completion of a transaction, such as a sale or acquisition. It typically outlines the date, time, and place where the closing will occur, as well as the documents and payments that must be exchanged by the parties involved. This clause ensures that all necessary steps are clearly identified and completed before ownership or obligations are transferred, thereby reducing the risk of misunderstandings or incomplete transactions.
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Transaction Closing. The refinance of the GACC Debt, the transfer and lease of the Properties and the other transactions contemplated hereby shall be consummated on or before September 30, 2002, unless extended by mutual agreement of the parties hereto (the "Closing"). The Closing shall be held in escrow with the Title Company at the New York offices of Greenberg Traurig, P.▇., ▇▇ ▇▇ s▇▇▇ ▇▇▇er location as CNL and Prime Care may agree, and shall simultaneously include the following events:
Transaction Closing. (a) The closing of the Transaction Sale (the “Transaction Closing”) shall take place at the offices of Weil, Gotshal & ▇▇▇▇▇▇, LLP, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ at 10:00 a.m. on the date (the “Transaction Closing Date”) on the first Business Day on which the conditions to the Transaction Closing set forth in Article VI are satisfied or waived.
(b) At the Transaction Closing, (i) Seller shall deliver to Buyer, free and clear of any Liens, the Shares and one or more certificates representing all of the Shares (in each case other than any Shares previously purchased at a First Sale Closing), duly endorsed in blank or accompanied by stock powers or other instruments of transfer duly executed in blank, and bearing or accompanied by all requisite stock transfer stamps, and (ii) Buyer shall pay to Seller the amounts referred to in Section 2.4(c) in accordance with such Section.
Transaction Closing. The Corporation will use its commercially reasonable efforts to close the Transaction on substantially the same terms as set out in the Binding Letter of Intent.
Transaction Closing. The closing of the transaction as contemplated by this Agreement (the "Closing") shall take place in San Diego, California, at the offices of the Escrow Agent at 10:00 A.M. (Pacific Time Zone) _________________ on or at such other time and place as may be agreed among by the parties, unless otherwise extended in writing by the parties.
Transaction Closing. On or before March 6, 2026, Borrower shall consummate the Specified Asset Sale or the Refinancing Alternative (and in either case, for avoidance of doubt, shall repay the First Out Obligations in full at such time).”
Transaction Closing. Each Transaction Closing shall occur at 10:00 a.m., New York City time, on the date that is three (3) Business Days after the applicable Sale Price has been finally determined pursuant to Section 2.2 . On the Transaction Closing Date with respect to any particular Mortgage Assets, the Parties shall consummate the sale of such Mortgage Assets pursuant to an assignment agreement substantially in the form of Exhibit B attached hereto (each an “Assignment Agreement”), against delivery by the Buyer of the Sale Price for such Mortgage Assets. Delivery of the Sale Price by the Buyer shall be made in U.S. dollars by wire transfer in immediately available funds to the account or accounts designated by Seller in the Exercise Notice.
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Transaction Closing. (a) Contemporaneously herewith, Assignor and Assignee are executing and delivering into escrow with C▇▇▇▇ ▇▇▇▇ of H▇▇▇▇▇ ▇▇▇▇▇▇ (the “Escrow Agent”) this Assignment, the NR Sublease and the GA Sublease, following which Assignor and Assignee shall seek the Transaction Consents by Landlords and other closing documents to which reference is made in this Assignment which shall, as and when executed and delivered by the pertinent parties, shall likewise be delivered into escrow with the Escrow Agent. Upon delivery of all fully executed transaction documents into escrow, and direction given to Escrow Agent, by counsel to each of Assignor and Assignee, to release the same by each of the respective parties thereto, the closing of this transaction shall have been consummated, the Effective Date under this Assignment shall be deemed to have occurred and all of the other transaction documents shall be released from escrow and be deemed effective.
(b) If at any time following the delivery of one or more of the transaction documents into escrow with Escrow Agent, one or more of the parties thereto are unwilling to proceed to closing as described above, then any party may terminate the escrow by notice to Escrow Agent in which event the Escrow Agent shall destroy all transaction documents then being held and no party shall have any further obligation hereunder in connection with this matter.
Transaction Closing. The closing of (i) the Transaction pursuant to the K▇▇▇ Acquisition Agreement has occurred or shall occur concurrently with the Closing or (ii) any Replacement Transaction under the terms of any merger or acquisition agreement satisfactory to Occidental has occurred or shall occur concurrently with the Closing, in each case, without waiver of any of the material terms or conditions of the K▇▇▇ Acquisition Agreement or such other agreement unless, in each case, approved in writing by Occidental (which approval shall not be unreasonably withheld or delayed).
Transaction Closing. The “Closing” (as defined in the ▇▇▇▇▇▇▇ Purchase Agreement) under the ▇▇▇▇▇▇▇ Purchase Agreement shall have occurred. ARTICLE V TERMINATION Section 5.1