Common use of Closing; Delivery of Shares Clause in Contracts

Closing; Delivery of Shares. (a) The closing of the sale of the Subscriber Shares contemplated hereby (the “Closing”) shall occur on the date hereof concurrently with the consummation of the Transaction (the “Transaction Closing”). The undersigned acknowledges and agrees that this Subscription Agreement shall automatically terminate without any further action by, or liability to, any party hereto upon the termination of the Business Combination Agreement and the subscription contemplated hereunder shall be null and void.

Appears in 4 contracts

Samples: Subscription Agreement (Pavlovski Christopher), Subscription Agreement (Hlibowicki Wojciech), Subscription Agreement (Milnes Ryan)

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