The closing of the transactions contemplated by this Agreement (the “ Closing ”) shall take place by exchange of documents among the Parties by fax or courier, as appropriate, following the satisfaction or waiver of all conditions to the obligations of the Parties to consummate the transactions contemplated hereby (other than conditions with respect to actions the respective Parties will take at the Closing itself) not later than January 15, 2017 or such other date as Purchaser and Principal may mutually determine (the “ Closing Date ”).