Common use of Closing of Purchase of Former Member’s Interest Clause in Contracts

Closing of Purchase of Former Member’s Interest. The closing for the sale of a Former Member’s Interest pursuant to this Article 8 shall be held at 10:00 a.m. at the LLC’s principal office within sixty (60) days after determination of the purchase price, except that if the closing date falls on a Saturday, Sunday or State or federal legal holiday, it shall be held on the next succeeding business day. At the closing, the Former Member or that Member’s legal representative shall deliver to the LLC or the Remaining Member(s) an instrument of transfer (containing warranties of title and no encumbrances) conveying the Former Member’s Interest. The Former Member or that Member’s legal representative, the LLC and the Remaining Member(s) shall do all things and execute and deliver all papers necessary fully to consummate such sale and purchase in accordance with this Agreement.

Closing of Purchase of Former Member’s Interest. The closing for the sale of a Former Member’s Interest pursuant to this Article 8 VII shall be held at 10:00 a.m. at the LLC’s principal office within of the Company no later than sixty (60) days after the determination of the purchase price, except that if the closing date falls on a Saturday, Sunday Sunday, or State or federal Kentucky legal holiday, it then the closing shall be held on the next succeeding business day. At the closing, the Former Member or that Member’s legal representative shall deliver to the LLC Company or the Remaining Member(s) Members an instrument of transfer (containing warranties of title and no encumbrances) conveying the Former Member’s Interest. The Former Member or that Member’s legal representative, the LLC Company and the Remaining Member(s) Members shall do all things and execute and deliver all papers as may be reasonably necessary fully to consummate such sale and purchase in accordance with the terms and provisions of this Agreement.

Closing of Purchase of Former Member’s Interest. The closing for the sale of a Former Member’s Interest pursuant to this Article 8 VIII shall be held at 10:00 a.m. at the LLC’s principal office within of Company no later than sixty (60) days after the determination of the purchase price, except that if the closing date falls on a Saturday, Sunday Sunday, or State or federal National legal holiday, it then the closing shall be held on the next succeeding business day. At the closing, the Former Member or that such Former Member’s legal representative shall deliver to the LLC Company or the Remaining Member(s) Members an instrument of transfer (containing warranties of title and no encumbrances) conveying the Former Member’s Interest. The Former Member or that such Former Member’s legal representative, the LLC Company and the Remaining Member(s) Members shall do all things and execute and deliver all papers as may be necessary fully to consummate such sale and purchase in accordance with the terms and provisions of this Agreement.

Closing of Purchase of Former Member’s Interest. The closing for the sale of a Former Member’s Interest pursuant to this Article 8 Section 10 shall be held at 10:00 a.m. at the LLC’s principal office within of Company no later than sixty (60) days after the determination of the purchase price, except that if the closing date falls on a Saturday, Sunday Sunday, or State or federal legal holiday, it then the closing shall be held on the next succeeding business day. At the closing, the Former Member or that Member’s legal representative shall deliver to the LLC Company or the Remaining Member(s) Members an instrument of transfer (containing warranties of title and no encumbrances) conveying the Former Member’s Interest. The Former Member or that Member’s legal representative, the LLC Company and the Remaining Member(s) Members shall do all things and execute and deliver all papers as may be necessary fully to consummate such sale and purchase in accordance with the terms and provisions of this Agreement.