Common use of Closing of the Swap Clause in Contracts

Closing of the Swap. Upon the terms and subject to the conditions of this Agreement, the closing of the Swap, including the sale and purchase of the New Preferred Stock and the issuance of the Warrants, shall take place at a closing (the “Swap Closing”) at Shearman & Sterling LLP, 12/F Gloucester Tower, the Landmark, 15 Queen’s Road, Central, Hong Kong, immediately following the satisfaction or waiver of each of the conditions to the obligations of the parties hereto set forth in Section 8.01 and Section 8.02 or at such other place or on such other date as the parties may mutually agree upon in writing.