Execution; Closings Sample Clauses
The 'Execution; Closings' clause defines the procedures and requirements for formally completing a transaction or agreement. It typically outlines how and when the parties must sign documents, deliver necessary materials, and fulfill any final conditions before the transaction is considered closed. For example, it may specify the date and location of the closing, the method of exchanging funds or assets, and the responsibilities of each party at closing. This clause ensures that all parties understand the steps needed to finalize the deal, thereby reducing the risk of misunderstandings or incomplete transactions.
Execution; Closings. The execution and delivery of this Agreement shall occur on August 3, 2017 (the “Execution Date”). The sale and purchase of each Series of Notes to be purchased by the Purchasers thereof from time to time shall occur at the offices of C▇▇▇▇▇▇ and C▇▇▇▇▇ LLP, 1▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ at 10:00 A.M. Chicago time, at a closing on the date (each, a “Closing Date”) mutually agreed upon by the Company and the Purchasers of such Series and designated in the Supplement related thereto (each, a “Closing”). At each Closing, the Company will deliver to each Purchaser of the Series then to be issued and sold, the Notes to be purchased by such Purchaser at such Closing in the form of a single Note (or such greater number of Notes in denominations of at least $100,000 as such Purchaser may request) dated the date of such Closing and registered in such Purchaser’s name (or in the name of its nominee), against delivery by such Purchaser to the Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer of immediately available funds to the account identified pursuant to Section 4.11. If at a Closing the Company shall fail to tender such Notes to any Purchaser as provided above in this Section 3, or any of the conditions specified in Section 4 shall not have been fulfilled to such Purchaser’s satisfaction, such Purchaser shall, at its election, be relieved of all further obligations under this Agreement, without thereby waiving any rights such Purchaser may have by reason of such failure or such nonfulfillment.
Execution; Closings. Section 3.1. Execution; Series 2021-B Closing Day. The execution and delivery of this Agreement shall occur on June 10, 2021 (the “Execution Date”). The sale and purchase of the Series 2021-B Notes to be purchased by each Initial Purchaser shall occur at the offices of ▇▇▇▇▇▇ ▇▇▇▇▇▇ LLP, at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, Suite 7100, Chicago, Illinois 60606 at a closing on September 23, 2021 (the “Series 2021-B Closing Day”). On the Series 2021-B Closing Day the Company will deliver to each Initial Purchaser the Series 2021-B Notes to be purchased by such Initial Purchaser in the form of a single Series 2021-B Note (or such greater number of Series 2021-B Notes in denominations of at least $100,000 as such Initial Purchaser may request) dated the Series 2021-B Closing Day and registered in such Initial Purchaser’s name (or in the name of its nominee), against delivery by such Initial Purchaser to the Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer of immediately available funds for the account of the Company to the account or accounts as shall be specified in a letter on the Company’s letterhead, in substantially the form of Exhibit 3.1 attached hereto, from the Company to the Initial Purchasers delivered prior to the Series 2021-B Closing Day. If on the Series 2021-B Closing Day the Company shall fail to tender such Notes to any Initial Purchaser as provided above in this Section 3.1, or any of the conditions specified in Section 4 shall not have been fulfilled to such Initial Purchaser’s satisfaction, such Initial Purchaser shall, at its election, be relieved of all further obligations under this Agreement, without thereby waiving any rights such Initial Purchaser may have by reason of such failure by the Company to tender such Notes or any
Execution; Closings