e) by either the Company or the Purchaser in the event the Effective Time has not occurred by February 29, 2000; provided -------- that in the event by February 29, 2000 at least 66 2/3% of the ---- Pre-Closing License Approvals have been obtained by...Agreement and Plan of Merger • December 28th, 1999 • Geerlings & Wade Inc • Retail-catalog & mail-order houses
