Common use of Closing of the Acquisition Clause in Contracts

Closing of the Acquisition. Upon Bxxxx’s exercise of the Option, Seller will convey the Purchased Assets to Buyer and Buyer shall pay the Purchase price to Seller, and Buyer and Seller will sign and deliver to one another the Acquisition Documents, on the 30th day following the Effective Date or on such other date as Buyer and Seller shall agree upon in writing (the “Closing”). If elected by Sxxxxx and Buyer, Seller may retain possession of the Purchased Assets pursuant to, and provided Seller and Buyer have executed and delivered the Consignment Agreement (the “Consignment Agreement”) in the form attached hereto as Exhibit B.