1Purchaser Termination Rights. Purchaser’s obligations under this Agreement to purchase ProjectCo Interests and to consummate the Closing are conditioned upon the satisfaction or waiver by Purchaser, in Purchaser’s sole discretion, of the obligations set forth in Section 2.2 (the “Seller Pre-Closing Obligations”). If any Seller Pre-Closing Obligation is not achieved or waived by Purchaser on or before the Approval Deadline, Purchaser may terminate this Agreement by providing written notice of its intent to do so to Seller no later than ten (10) Business Days after that date (“Purchaser Pre-Closing Termination Notice”) and the provisions of Section 2.3 shall thereupon apply with respect to that termination. The notice shall identify any specific Seller Pre-Closing Obligation that has not, in Purchaser’s sole discretion, been satisfied or waived by Purchaser by the Approval Deadline.
Appears in 8 contracts
Samples: Construction Management Agreement, Management Agreement, Management Agreement
