Document Closing Clause Samples
The Document Closing clause defines the procedures and requirements for the formal completion of a transaction or agreement. It typically outlines the specific documents that must be executed, delivered, or exchanged by the parties, as well as the timing and location of the closing event. For example, it may require signed contracts, payment confirmations, or regulatory approvals to be provided before the transaction is finalized. This clause ensures that all necessary steps are completed in an organized manner, reducing the risk of misunderstandings or incomplete transactions.
Document Closing. The Document Closing Actions shall take place at the offices of ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ LLP, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, San Francisco, California 94105 at 10:00 a.m. (prevailing Pacific time) or at such other place and time as the Parties may agree in writing, on a date to be specified by the Parties, which shall be (unless waived by each of the Parties) no earlier than the third Business Day after satisfaction or waiver of the conditions specified in Section 2.2, Section 2.3 and Section 2.4 of this Participation Agreement (other than conditions which can only be satisfied at closing), which execution and delivery shall nevertheless occur prior to the initial funding of the DOE Credit Facility. The closing of such transaction is referred to herein as the “Document Closing”.
Document Closing. The Parties hereby agree to amend Article II by deleting Section 2.4 in its entirety and in serting the following in lieu thereof: The closing of the transfer of the assets as set forth in Section 2.2.1 and the transfer of the escrowed shares as set forth in Section 2.2.5 (the "Document Closing") shall take place at the offices of Skadden, Arps, Slate, ▇▇▇▇▇▇▇ & ▇▇▇▇ in Washington, D.C. on September 28, 1995, simultaneously with the execution of this Amendment No. 1 to the Joint Venture Agreement but shall not be effective until October 1, 1995 (the "Asset Transfer Date"). At the Document Closing, each Party shall deliver in form and substance reasonably satisfactory to counsel for the other Parties all deeds, endorsements, stock powers, assignments and other instruments of transfer and conveyance as are necessary and appropriate to effect the transaction contemplated herein, such instruments to be duly executed as of the Asset Transfer Date. To the extent permitted by German law, all documents delivered at the Document Closing which are not initially in the English language shall be accompanied by an agreed upon English language translation and such translation shall be the definitive version of the document as between the Parties. In accordance with the terms of Section 2.2.6 and the Escrow Agreement, on January 1, 1996 (the "Effective Date") the Joint Escrow Agents under the Escrow Agreement shall deliver the shares of A1 and B1, respectively and the profit sharing terms of the Joint Venture shall commence.