Common use of Closing Time and Place Clause in Contracts

Closing Time and Place. The closing of the transaction contemplated hereby (the "Closing") shall occur at a date, time and location agreeable to the Parties, as soon as all conditions under Sections 5.1, 5.2 and 5.3 have been satisfied or waived, but in no event later than May 15, 2020. If any condition under Section 5.1, 5.2 or 5.3 is not satisfied or waived on or before May 15,, 2020, this Agreement shall terminate without further obligation of any Party, subject to any liability for breach of this Agreement accruing prior to such date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (District Metals Corp.), Purchase and Sale Agreement (District Metals Corp.)

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Closing Time and Place. The closing of the transaction contemplated hereby (the "Closing") shall occur at a date, time and location agreeable to the Parties, as soon as all conditions under Sections 5.1, 5.2 and 5.3 have been satisfied or waived, but in no event later than May 15July 1, 2020. If any condition under Section 5.1, 5.2 or 5.3 is not satisfied or waived on or before May 15,July 1, 2020, this Agreement shall terminate without further obligation of any Party, subject to any liability for breach of this Agreement accruing prior to such date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (District Metals Corp.), Purchase and Sale Agreement (District Metals Corp.)

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Closing Time and Place. The closing of the transaction contemplated hereby (the "Closing") shall occur at a date, time and location agreeable to the Parties, as soon as all conditions under Sections 5.1, 5.2 and 5.3 have been satisfied or waived, but in no event later than May 15September 30, 20202021. If any condition under Section 5.1, 5.2 or 5.3 is not satisfied or waived on or before May 15,September 30, 20202021, this Agreement shall terminate without further obligation of any Party, subject to any liability for breach of this Agreement accruing prior to such date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (District Metals Corp.)

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