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Subject: Closing Transactions law Subject to the terms and conditions of this Agreement, each of Purchaser and Vendor covenants and agrees to enter into the following transactions (collectively, the Closing Transactions):(a) no earlier than ten (10) Business Days before the Closing Date and no later than two (2) Business Days before the Closing Date, Vendor will form a limited partnership governed under the laws of Quebec (the Partnership), together with a corporation incorporated no earlier than ten (10) Business Days before the Closing Date under the laws of Quebec (the General Partner) and whose authorized capital shall only consist of common shares, it being understood that (i) Vendor shall be a limited partner of the Partnership and the General Partner shall act as general partner of the Partnership, (ii) upon formation and in exchange for nominal contributions, the issued and outstanding share capital of the General Partner shall be owned (A) ten percent (10%) by Vendor or an Affiliate thereof (the Vendor Shareholder) and (B) ninety percent (90%) by Purchaser (the Purchaser Shareholder) and (iii) at such time all (100%) of the economic interests of the limited partners in the Partnership will be owned by Vendor; Сделки на момент закрытия?
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