ACQUIRED CAPACITY CLOSINGS Sample Clauses

ACQUIRED CAPACITY CLOSINGS. The closings of the acquisition by Maxcom of the Acquired Capacity as contemplated by this Article 2. shall take place as follows: a) The closing for the acquisition of the Initial Capacity and Initial Maxcom's POPs ("First Closing") shall take place at a location to be mutually agreed by the parties commencing at 10:00 a.m. local time on the day following the satisfaction or written waiver of all conditions to the obligations of the parties to consummate the First Closing as contemplated by this Article 2 (other than conditions with respect to actions the respective parties will take at the First Closing), but in any event no later than May 30, 2000, or such other date as the parties may mutually determine ("First Closing Date"); b) The closing for the acquisition of the South Ring Mexico City Backbone Capacity ("Second Closing") shall take place at a location to be mutually agreed by the parties commencing at 10:00 a.m. local time on the day following the satisfaction or written waiver of all conditions to the obligations of the parties to consummate the Second Closing as contemplated by this Article 2. (other than conditions with respect to actions the respective parties will take at the Second Closing), but in any event no later than November 15, 2000 (and, in any case, within 30 (thirty) days following the date Metro Net notifies Maxcom that the South Ring Mexico City Backbone is complete), or such other date as the parties may mutually determine ("Second Closing Date"); c) Additional closings may take place in connection with the acquisition of the Additional Capacity on the dates and at locations to be mutually agreed by the parties (each an "Additional Capacity Closing"). Additional Capacity Closings may occur when enough route kilometers of Additional Capacity are available for delivery; in the understanding, however, that Metro Net shall have the obligation to offer to Maxcom the Additional Capacity until June 30, 2001 and that no Additional Capacity Closing shall take place later than September 28, 2001 (each an "Additional Capacity Closing Date"). Metro Net shall fulfil its obligation to offer the Additional Capacity no later than (i) 60 (sixty) days after Metro Net completes the construction of any new backbone routes conforming the Additional DF Network, or (ii) June 30, 2001, whichever occurs first. Maxcom shall have 30 (thirty) days from the date upon which it is notified in writing of the completion of any new backbone routes comprising th...