Common use of Call Closing Clause in Contracts

Call Closing. Each closing (a "Call Closing") of the purchase and sale of Shares pursuant to a Call will take place on a date selected by BCSG which will be no earlier than the 16th and no later than the 30th day following the date of the final determination of the Call Price pursuant to Section 8(b) hereof. Payment of the Call Price for all Shares tendered will be paid by BCSG at the Call Closing by cashier's or certified check or by wire transfer of immediately available funds to an account designated by the Holder.