The transactions contemplated by this Agreement shall occur at the offices of the Title Company (as hereinafter defined) or such other location as may be agreed upon by the parties (“Closing”). Subject to extensions of the Scheduled Closing Date (as defined below) pursuant to this Section 3.1, Section 12, Section 13, Section 25 or elsewhere in this Agreement, Seller and Purchaser agree to close the purchase and sale of the Property thirty (30) days after the expiration of the Due Diligence Period (as hereinafter defined), or at such time as mutually agreed to by Purchaser and Seller (as it may be extended, the “Scheduled Closing Date.” In the event that Hilton Worldwide (“Hilton”) has approved the grant of a franchise to Purchaser having an initial expiration of not less than fifteen (15) years from the Closing and otherwise on terms and conditions approved by Purchaser in its sole and absolute discretion, but the New Franchise Agreement (defined below) has not yet been executed and delivered, then Purchaser shall have the right to extend the Scheduled Closing Date for up to fifteen (15) days so that Closing shall occur no later than forty-five (45) days after the expiration of the Due Diligence Period, unless the Scheduled Closing Date is otherwise extended. The date upon which the Closing occurs is sometimes referred to as the “Closing Date.” Notwithstanding any other provision herein to the contrary, there shall be no requirement that Seller or Purchaser physically attend the Closing, and all funds and documents to be delivered at the Closing may be delivered to the Title Company unless the parties hereto mutually agree otherwise. Purchaser and Seller hereby authorize their respective attorneys to execute and deliver to the Title Company any additional or supplementary instructions as may be necessary or convenient to implement the terms of this Agreement and facilitate the Closing, provided that such instructions are consistent with and merely supplement this Agreement and shall not in any way modify, amend or supersede this Agreement.