Common use of Closing and Further Acts Clause in Contracts

Closing and Further Acts. The closing of the exchange (the "Closing") will occur as soon practicable after the execution of this Agreement by all parties hereto, but not later than July 1, 1999 (the "Closing Date"). At the Closing, Xxxxxxx will tender to CLMI certificates and any other documents evidencing 100% of Xxxxxxx'x ownership in KidVision, and CLMI will deliver to Xxxxxxx a stock certificate evidencing a total of 500,000 shares of the Common Stock, par value $.001 per share, of CLMI being issued to Xxxxxxx pursuant to this Agreement. All parties to this Agreement hereby agree to execute all other documents and take all other action which are reasonably necessary or appropriate in order to effect all of the transactions contemplated by this Agreement.

Closing and Further Acts. The closing of the exchange (the "Closing") will occur as soon practicable after the execution of this Agreement by all parties hereto, but not later than July 1, 1999 (the "Closing Date"). At the Closing, Xxxxxxx Xxxxx will tender to CLMI certificates and any other documents evidencing 100% of Xxxxxxx'x Xxxxx'x ownership in KidVisionEKO, and CLMI will deliver to Xxxxxxx Xxxxx a stock certificate evidencing a total of 500,000 5,000 shares of the Common Stock, par value $.001 per share, of CLMI being issued to Xxxxxxx Xxxxx pursuant to this Agreement. All parties to this Agreement hereby agree to execute all other documents and take all other action which are reasonably necessary or appropriate in order to effect all of the transactions contemplated by this Agreement.