Common use of Closing of the Purchase Clause in Contracts

Closing of the Purchase. Following exercise of the Repurchase Right, the Closing shall occur at the principal offices of the Company within thirty (30) days following the determination of the Repurchase Price or at such other time and place as the parties shall mutually agree. At that time, the Representative shall deliver to the Company the certificate(s) representing the Shares, duly endorsed in blank or accompanied by stock assignment(s) separate from certificate duly executed in blank, and the Shareholders and/or the Company shall deliver to the Representative the Repurchase Price.

Closing of the Purchase. Following exercise of the Repurchase RightRequirement, the Closing shall occur at the principal offices of the Company within thirty (30) days following the determination of the Repurchase Price or at such other time and place as the parties shall mutually agree. At that time, the Representative shall deliver to the Company the certificate(s) representing the Shares, duly endorsed in blank or accompanied by stock assignment(s) separate from certificate duly executed in blank, and the Shareholders and/or the Company shall deliver to the Representative the Repurchase Price.