Common use of Place and Time of Closing Clause in Contracts

Place and Time of Closing. The consummation of the sale of Shares pursuant to this Agreement shall occur at the Company’s principal office on the day (or on the next succeeding business day) which is the date, not later than the fifteenth (15th) day after the date on which the purchase price is established. The Company shall notify the seller of Shares in writing of the exact time of closing at least five (5) business days before the date of the closing.

Place and Time of Closing. The consummation of the sale of Shares pursuant to this Agreement shall occur at the Company’s 's principal office on the day (or on the next succeeding business day) which is the date, not later than the fifteenth (15th) day after the date on which the purchase price is established. The Company shall notify the seller of Shares in writing of the exact time of closing at least five (5) business days before the date of the closing.