The closing of the purchase and sale of the Purchased Loans (the “ Closing ”) will take place on the business day on which the Effective Time (as defined below) occurs (such business day, the “ Effective Date ”) or such date and time after the Effective Date as shall be mutually agreed to by the Parties (the “ Closing Date ”). The Closing will take place at the offices of the Company or such other place as shall be mutually agreed to by the Parties. Each Seller’s obligations under this Agreement shall terminate on the date that is ten (10) Business days following the date of this Agreement (or such later date as may be agreed in writing by all Sellers).