Common use of Purchase by the Remaining Members and Closing Clause in Contracts

Purchase by the Remaining Members and Closing. In the event that the Remaining Members shall have elected to purchase all of the Offered Units, the Remaining Members electing to purchase all of the Offered Units shall deliver to the Selling Member and the other Remaining Members written notice of such election prior to expiration of the last period set forth in Section 8.06(e), 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 30 days after the date of delivery of the foregoing notice. The closing shall be held at the Company’s offices or at any other location designated by the purchaser(s).

Purchase by the Remaining Members and Closing. In the event that the Remaining Members shall have elected to purchase all of the Offered Units, the Remaining Members electing to purchase all of the Offered Units shall deliver to the Selling Member and the other Remaining Members written notice of such election prior to expiration of the last 30-day period set forth in Section 8.06(e)9.07, 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 30 60 days after the date of delivery expiration of the foregoing noticelast 30-day period described in Section 9.07. The closing shall be held at the Company’s 's offices or at any other location designated by the purchaser(s).