Closing of the Sale Sample Clauses

Closing of the Sale. The sale of all of a Partner's Partnership Interest required to be sold pursuant to an offer and an acceptance made pursuant to this Article IX shall close on the date which is one hundred eighty (180) days after the date on which the Buy/Sell Notice is received by the Deciding Partner (the "Closing"). The Closing shall occur at such place in Ft. Lauderdale, Florida or New York, New York as may be designated by the Deciding Partner. At the Closing, the following obligations shall apply:
Sample 1Sample 2
AutoNDA by SimpleDocs
Closing of the Sale. The closing of the transactions contemplated by this Agreement (the "Closing") will take place at the offices of Dxxxx Xxxxxx & Sxxxxx LLP, Suite 500, 1000 Xxxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx 00000, at 9:00 a.m. (Denver time) on the date of this Agreement (the "Closing Date") or at such other place and on such other date as may be mutually agreed by the Investors and the Company, in which case Closing Date means the date so agreed. The failure of the Closing will not ipso facto result in termination of this Agreement and will not relieve any party of any obligation under this Agreement. The Closing will be effective as of 12:00 a.m. (Denver time) on the Closing Date.
Sample 1
Closing of the Sale. WITH THE UNDERSTANDING THAT TIME IS OF THE ESSENCE OF THIS AGREEMENT: this sale shall be closed on OR BEFORE , 20 which shall also be the termination date of this agreement. Buyer and Seller will IMMEDIATELY UPON DEMAND, deposit in escrow with all instruments and monies required to complete the purchase in accordance with this agreement. Closing for the purpose of this agreement is defined as the date that all documents are executed and the sale proceeds are available to the Seller.
Sample 1
Closing of the Sale. OF SHARES On the closing of the sale of the Shares:
Sample 1
Closing of the Sale. The closing of the transactions contemplated hereby (the “Closing”) will take place remotely via the exchange of documents and signatures related to the transactions contemplated hereby on the second Business Day following the calendar day upon which the last of the conditions set forth in Article VII (other than those that by their terms are to be satisfied or waived at the Closing itself) is satisfied or waived in writing, or at such other time, date and location as the Parties hereto agree in writing. All Closing transactions shall be deemed to take place simultaneously and no one of them shall be deemed to have occurred until all shall have occurred. The date on which the Closing occurs is referred to herein as the “Closing Date”.
Sample 1
Closing of the Sale. Within seven days after the Dwelling is complete, as evidenced by an occupancy permit (or within seven days after mortgage loan approval, if the Dwelling is complete), Purchaser agrees to close by paying the balance of the purchase price and signing all necessary closing documents, If Purchaser fails to close within the time provided above, then Seller may declare Purchaser in default and exercise the remedies set forth by this Sales Agreement, including termination of this Sales Agreement, or if Seller, in Seller’s sole discretion, elects to grant Purchaser additional time to close, then Purchaser agrees to compensate Seller for the carrying costs of the Dwelling at a rate of $ per day for each day that the initial required closing is delayed. At closing, Seller will convey good and marketable fee simple title to Purchaser (insurable as such regular rates by an ALTA title insurance company/standard. title insurance rates), free and clear of liens and encumbrances other than matters of record, restrictive covenants, easements and taxes for the year (if not then payable), which will be prorated. Seller will also deliver possession of the Property at closing, but Purchaser shall have no right to occupy the Property or to store any personal items therein or thereon until the closing is completed. Acceptance of the deed by Purchaser shall signify and confirm full and satisfactory performance of this Sales Agreement by Seller. In the event that a good and marketable title, subject to aforesaid cannot be given by the Seller to the Purchaser, the Seller may, at its option, clear title or rescind this Agreement and, within 2 business days, return to the Purchaser all sums paid on account of the purchase price and reasonable title search charges without interest. Upon return of such sums without interest, Seller shall be released from all liability and this Agreement shall be void and of no further force or effect.
Sample 1
Closing of the Sale 
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to Closing of the Sale

  • Closing of the Transaction All conditions precedent to effect the closing of the Transaction shall have been satisfied or waived (other than those conditions that, by their nature, may only be satisfied at the consummation of the closing of the Transaction but subject to satisfaction or waiver thereof).

  • Closing of the Merger The closing of the Merger (the "Closing") will take place at a time and on a date to be specified by the parties, which shall be no later than the second business day after satisfaction of the latest to occur of the conditions set forth in Article 5 (the "Closing Date"), at the offices of Sperry Young & Stoecklein, 1850 X. Xxxxxxxo Xx., Xxxxx 000, Xxx Xxxxx, Xxxxxx, xxxxxx xxxxxxx xime, date or place is agreed to in writing by the parties hereto.

  • Closing of the Transactions The Transactions set forth in the Business Combination Agreement shall have been or will be consummated substantially concurrently with the Closing.

  • Purchase and Sale of the Shares Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell to the Purchaser, and the Purchaser shall purchase from the Seller, the Shares.

  • Sale and Purchase of the Shares On the basis of the representations, warranties and agreements contained in, and subject to the terms and conditions of, this Agreement:

  • SALE AND PURCHASE OF THE SALE SHARES 2.1 On and subject to the provisions of this Agreement, at Completion the Seller shall sell, and the Purchaser shall purchase, the Sale Shares free and clear from all Encumbrances, together with all rights attaching to them as at Completion, including any right to receive dividends, distributions or any return of capital declared, made or paid with effect from Completion.

  • Sale of the Shares Upon execution of this Agreement (the “Closing”), subject to the terms and conditions herein set forth, and on the basis of the representations, warranties and agreements herein contained, SELLER shall sell to PURCHASER, and PURCHASER shall purchase from SELLER, the Shares.

  • Purchase of the Shares (a) The Company agrees to issue and sell the Underwritten Shares to the several Underwriters as provided in this underwriting agreement (this “Agreement”), and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase at a price per share of $[●] (the “Purchase Price”) from the Company the respective number of Underwritten Shares set forth opposite such Underwriter’s name in Schedule 1 hereto. In addition, the Company agrees to issue and sell the Option Shares to the several Underwriters as provided in this Agreement, and the Underwriters, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, shall have the option to purchase, severally and not jointly, from the Company the Option Shares at the Purchase Price less an amount per share equal to any dividends or distributions declared by the Company and payable on the Underwritten Shares but not payable on the Option Shares. If any Option Shares are to be purchased, the number of Option Shares to be purchased by each Underwriter shall be the number of Option Shares which bears the same ratio to the aggregate number of Option Shares being purchased as the number of Underwritten Shares set forth opposite the name of such Underwriter in Schedule 1 hereto (or such number increased as set forth in Section 10 hereof) bears to the aggregate number of Underwritten Shares being purchased from the Company by the several Underwriters, subject, however, to such adjustments to eliminate any fractional Shares as the Representatives in their sole discretion shall make. The Underwriters may exercise the option to purchase Option Shares at any time in whole, or from time to time in part, on or before the thirtieth day following the date of the Prospectus, by written notice from the Representatives to the Company. Such notice shall set forth the aggregate number of Option Shares as to which the option is being exercised and the date and time when the Option Shares are to be delivered and paid for, which may be the same date and time as the Closing Date (as hereinafter defined) but shall not be earlier than the Closing Date nor later than the tenth full business day (as hereinafter defined) after the date of such notice (unless such time and date are postponed in accordance with the provisions of Section 10 hereof). Any such notice shall be given at least two business days prior to the date and time of delivery specified therein.

Time is Money Join Law Insider Premium to draft better contracts faster.