Common use of Purchase by the Company and Closing Clause in Contracts

Purchase by the Company and Closing. In the event that the Company shall have elected to purchase all of the Offered Units, the Company shall deliver to the Selling Member and the Remaining Members written notice of such election prior to expiration of the 30-day period set forth in Section 8.06(b), which notice shall advise the Selling Member of such election, and which shall specify a closing date and time, which closing shall occur no later than 60 days (unless more time is required by law) after the expiration of the 30-day period described in Section 8.06(b). The closing shall be held at the Company’s offices or at any other location designated by the purchaser(s).

Purchase by the Company and Closing. In the event that the Company shall have elected to purchase all of the Offered Units, the Company shall deliver to the Selling Member and the Remaining Members written notice of such election prior to expiration of the 30-day period set forth in Section 8.06(b)9.04, which notice shall advise the Selling Member of such election, and which shall specify a closing date and time, which closing shall occur no later than 60 days (unless more time is required by law) after the expiration of the 30-day period described in Section 8.06(b). The closing shall be held at the Company’s offices or at any other location designated by the purchaser(s)9.