Common use of LOCAL CLOSING Clause in Contracts

LOCAL CLOSING. 5.1 The closing of the transactions contemplated by this Agreement (the “Local Closing”) is subject to the satisfaction or waiver of the conditions to closing set forth in Article VII pursuant to the Principal Agreement and is interdependent with the Closing as provided in the Principal Agreement and the steps taken at, or in contemplation of, the Local Closing shall have no effect unless the Closing as provided for in the Principal Agreement (except insofar as it includes the Local Closing) shall have taken place in accordance with the Principal Agreement.

LOCAL CLOSING. 5.1 The closing of the transactions contemplated by this Agreement (the “Local Closing”) is subject to the satisfaction or waiver by the appropriate party of the conditions to closing Closing set forth in Article VII pursuant to of the Principal Purchase Agreement and is interdependent with the Closing as provided in the Principal Purchase Agreement and the steps taken at, or in contemplation of, the Local Closing shall have no effect unless the Closing as provided for in the Principal Purchase Agreement (except insofar as it includes the Local Closing) shall have taken place in accordance with the Principal Purchase Agreement.

LOCAL CLOSING. 5.1 (a) The closing of the transactions contemplated by this Agreement (the “Local Closing”) is subject to the satisfaction or waiver of the conditions to closing set forth in Article VII pursuant to of the Principal Acquisition Agreement and is interdependent with the Closing as provided in the Principal Acquisition Agreement and the steps taken at, or in contemplation of, the Local Closing shall will have no effect unless the Closing as provided for in the Principal Acquisition Agreement (except insofar as it includes the Local Closing) shall will have taken place in accordance with the Principal Acquisition Agreement.

LOCAL CLOSING. 5.1 The closing of the transactions contemplated by this Agreement (the “Local Closing”) is subject to the satisfaction or waiver by the appropriate party of the conditions to closing set forth in Article VII pursuant to the Principal Agreement and is interdependent with the Closing as provided in the Principal Agreement and the steps taken at, or in contemplation of, the Local Closing shall have no effect unless the Closing as provided for in the Principal Agreement (except insofar as it includes the Local Closing) shall have taken place in accordance with the Principal Agreement.