Common use of Consummation of Closing Clause in Contracts

Consummation of Closing. All acts, deliveries and confirmations comprising the Closing regardless of chronological sequence shall be deemed to occur contemporaneously and simultaneously upon the occurrence of the last act, delivery or confirmation of the Closing and none of such acts, deliveries or confirmations shall be effective unless and until the last of the same shall have occurred. The time of the Closing has been scheduled to correspond with the close of business at the principal office of Everlert and, regardless of when the last act, delivery or confirmation of the Closing shall take place, the transfer of the shares shall be deemed to occur as of the close of business at the principal office of Everlert on the date of Closing.

Appears in 4 contracts

Samples: Share Exchange Agreement (Everlert Inc), 2 Share Exchange Agreement (Everlert Inc), 2 Share Exchange Agreement (Everlert Inc)

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Consummation of Closing. All acts, deliveries and confirmations comprising the Closing regardless of chronological sequence shall be deemed to occur contemporaneously and simultaneously upon the occurrence of the last act, delivery or confirmation of the Closing and none of such acts, deliveries or confirmations shall be effective unless and until the last of the same shall have occurred. The time of the Closing has been scheduled to correspond with the close of business at the principal office of Everlert the Company and, regardless of when the last act, delivery or confirmation of the Closing shall take place, the transfer of the shares Membership Interests shall be deemed to occur as of the close of business at the principal office of Everlert the Company on the date of the Closing.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Metal Storm LTD /Adr/)

Consummation of Closing. All acts, deliveries and confirmations comprising the Closing regardless of chronological sequence shall be deemed to occur contemporaneously and simultaneously upon the occurrence of the last act, delivery or confirmation of the Closing and none of such acts, deliveries or confirmations shall be effective unless and until the last of the same shall have occurred. The time of the Closing has been scheduled to correspond with the close of business at the principal office of Everlert Targets and, regardless of when the last act, delivery or confirmation of the Closing shall take place, the transfer of the shares shall be deemed to occur as of the close of business at the principal office of Everlert Targets on the date of Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nostrad Telecommunications Inc)

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Consummation of Closing. All acts, deliveries and confirmations ------------------------- comprising the Closing regardless of chronological sequence shall be deemed to occur contemporaneously and simultaneously upon the occurrence of the last act, delivery or confirmation of the Closing and none of such acts, deliveries or confirmations shall be effective unless and until the last of the same shall have occurred. The time of the Closing has been scheduled to correspond with the close of business at the principal office of Everlert Target and, regardless of when the last act, delivery or confirmation of the Closing shall take place, the transfer of the shares shall be deemed to occur as of the close of business at the principal office of Everlert Target on the date of Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Security Biometrics Inc)

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