Date, Time and Place of Closing. Subject to the terms and conditions set forth in this Agreement, the Closing of this Agreement shall take place at the offices of Xxxxxxx & Xxxxxx, L.L.C. at 000 00xx Xxxxxx, Xxxxxx, Xxxxxxxx, at 9:00 a.m. on the second business day following the fulfillment of the conditions to the obligations of the parties under Sections 10 and 11, or at such other time or place as may be mutually agreed upon by Lithia, the Shareholders and the Company. Notwithstanding any provision in this Agreement to the contrary, if the Closing has not occurred on or before June 30, 1999, either Lithia or the Company, provided that the failure of the Closing to occur did not result from a breach of this Agreement by such party, shall have the right to terminate this Agreement pursuant to Section 15.
Appears in 7 contracts
Samples: Agreement and Plan of Reorganization (Lithia Motors Inc), Agreement and Plan of Reorganization (Lithia Motors Inc), Agreement and Plan of Reorganization (Lithia Motors Inc)
