Common use of Closing Time and Place Clause in Contracts

Closing Time and Place. Subject to the final sentence of this Section 9.1, the closing of the transactions contemplated by Section 2.1(b) of this Agreement ("Closing") shall take place at a time and location mutually determined by Comcast Subsidiary and Time Warner Cable on the last Business Day of the calendar month in which all conditions set forth in Sections 8.1 and 8.2 have either been satisfied or waived in writing by the party entitled to the benefit of each such condition (except for conditions to be satisfied at Closing that will be satisfied at Closing), unless such conditions have not been so satisfied or waived (except for conditions to be satisfied at Closing that will be satisfied at Closing) by the fifth Business Day preceding the last Business Day of such calendar month, in which case the Closing shall take place on the last Business Day of the next calendar month (or such later date as agreed by the parties). In no event shall the Closing occur prior to the later of (x) July 1, 2005 or (y) the 30th day following the Option Exercise Date.

Appears in 2 contracts

Samples: Alternate Tolling and Optional Redemption Agreement (Time Warner Inc), Tolling and Optional Redemption Agreement (Time Warner Inc)

AutoNDA by SimpleDocs

Closing Time and Place. Subject to the final sentence of this Section 9.1, the closing of the transactions contemplated by Section 2.1(b2.1(a) of this Agreement ("Closing") shall take place at a time and location mutually determined by Comcast Subsidiary and Time Warner Cable on the last Business Day of the calendar month in which all conditions set forth in Sections 8.1 and 8.2 have either been satisfied or waived in writing by the party entitled to the benefit of each such condition (except for conditions to be satisfied at Closing that will be satisfied at ClosingClosing and the conditions set forth in Section 8.1(a) and Section 8.2(a) but subject to satisfaction of such conditions in Sections 8.1(a) and 8.2(a)), unless such conditions have not been so satisfied or waived (except for conditions to be satisfied at Closing that will be satisfied at Closing) by the fifth Business Day preceding the last Business Day of such calendar month, in which case the Closing shall take place on the last Business Day of the next calendar month (or such later date as agreed by the parties). In no event shall the Closing occur prior to the later of (x) earlier than July 1, 2005 or (y) the 30th day following the Option Exercise Date2005.

Appears in 1 contract

Samples: Redemption Agreement (Comcast Corp)

Closing Time and Place. (a) Subject to the final sentence of this Section 9.1, the closing of the transactions contemplated by Section 2.1(b) of this Agreement ("ClosingCLOSING") shall take place at a time and location mutually determined by Comcast Subsidiary and Time Warner Cable on the last Business Day of the calendar month in which all conditions set forth in Sections 8.1 and 8.2 have either been satisfied or waived in writing by the party entitled to the benefit of each such condition (except for conditions to be satisfied at Closing that will be satisfied at Closing)) in writing by the party entitled to the benefit of each such condition, unless such conditions have not been so satisfied or waived (except for conditions to be satisfied at Closing that will be satisfied at Closing) by the fifth Business Day preceding the last Business Day of such calendar month, in which case the Closing shall take place on the last Business Day of the next calendar month (or such later date as agreed by the parties). In no event shall the Closing occur prior to the later of (x) July 1June 16, 2005 or (y) the 30th day following the Option Exercise Date.

Appears in 1 contract

Samples: Tolling and Optional Redemption Agreement (Time Warner Inc)

Closing Time and Place. Subject to the final sentence of this Section 9.1, the closing of the transactions contemplated by Section 2.1(b) of this Agreement ("Closing") shall take place at a time and location mutually determined by Comcast Subsidiary and Time Warner Cable on the last Business Day of the calendar month in which all conditions set forth in Sections 8.1 and 8.2 have either been satisfied or waived in writing by the party entitled to the benefit of each such condition (except for conditions to be satisfied at Closing that will be satisfied at Closing), unless such conditions have not been so satisfied or waived (except for conditions to be satisfied at Closing that will be satisfied at Closing) by the fifth Business Day preceding the last Business Day of such calendar month, in which case the Closing shall take place on the last Business Day of the next calendar month (or such later date as agreed by the parties). In no event shall the Closing occur prior to the later of (x) July 1, 2005 or (y) the 30th day following the Option Exercise Date.

Appears in 1 contract

Samples: Tolling and Optional Redemption Agreement (Comcast Corp)

Closing Time and Place. Subject to the final sentence of this Section 9.110.1, the closing of the transactions contemplated by Section 2.1(b2.1(a) of this Agreement ("Closing") shall take place at a time and location mutually determined by Comcast Subsidiary and Time Warner Cable TWE on the last Business Day of the calendar month in which all conditions set forth in Sections 8.1 9.1 and 8.2 9.2 have either been satisfied or waived in writing by the party entitled to the benefit of each such condition (except for conditions to be satisfied at Closing that will be satisfied at ClosingClosing and the conditions set forth in Section 9.1(a) and Section 9.2(a) but subject to satisfaction of such conditions in Sections 9.1(a) and 9.2(a)), unless such conditions have not been so satisfied or waived (except for conditions to be satisfied at Closing that will be satisfied at Closing) by the fifth Business Day preceding the last Business Day of such calendar month, in which case the Closing shall take place on the last Business Day of the next calendar month (or such later date as agreed by the parties). In no event shall the Closing occur prior to the later of (x) earlier than July 1, 2005 or (y) the 30th day following the Option Exercise Date2005.

Appears in 1 contract

Samples: Redemption Agreement (Comcast Corp)

AutoNDA by SimpleDocs

Closing Time and Place. (a) Subject to the final sentence of this Section 9.110.1, the closing of the transactions contemplated by Section 2.1(b2.1(a) of this Agreement ("Closing") shall take place at a time and location mutually determined by Comcast Subsidiary and Time Warner Cable TWE on the last Business Day of the calendar month in which all conditions set forth in Sections 8.1 9.1 and 8.2 9.2 have either been satisfied or waived in writing by the party entitled to the benefit of each such condition (except for conditions to be satisfied at Closing that will be satisfied at ClosingClosing and the conditions set forth in Section 9.1(a) and Section 9.2(a) but subject to satisfaction of such conditions in Sections 9.1(a) and 9.2(a)), unless such conditions have not been so satisfied or waived (except for conditions to be satisfied at Closing that will be satisfied at Closing) by the fifth Business Day preceding the last Business Day of such calendar month, in which case the Closing shall take place on the last Business Day of the next calendar month (or such later date as agreed by the parties). In no event shall the Closing occur prior to the later of (x) earlier than July 1, 2005 or (y) the 30th day following the Option Exercise Date2005.

Appears in 1 contract

Samples: Redemption Agreement (Time Warner Inc)

Closing Time and Place. Subject to the final sentence of this Section 9.1, the closing of the transactions contemplated by Section 2.1(b2.1(a) of this Agreement ("Closing") shall take place at a time and location mutually determined by Comcast Subsidiary and Time Warner Cable on the last Business Day of the calendar month in which all conditions set forth in Sections 8.1 and 8.2 have either been satisfied or waived in writing by the party entitled to the benefit of each such condition (except for conditions to be satisfied at Closing that will be satisfied at ClosingClosing and the conditions set forth in Section 8.1(a) and Section 8.2(a) but subject to satisfaction of such conditions in Sections 8.1(a) and 8.2(a)), unless such conditions have not been so satisfied or waived (except for conditions to be satisfied at Closing that will be satisfied at Closing) by the fifth Business Day preceding the last Business Day of such calendar month, in which case the Closing shall take place on the last Business Day of the next calendar month (or such later date as agreed by the parties). In no event shall the Closing occur prior to the later of (x) earlier than July 1, 2005 or (y) the 30th day following the Option Exercise Date2005.

Appears in 1 contract

Samples: Redemption Agreement (Time Warner Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!