BUYER’ CONDITIONS PRECEDENT TO CLOSING Sample Clauses

BUYER’ CONDITIONS PRECEDENT TO CLOSING. The obligation of each Buyer to close the transactions contemplated by this Agreement is subject to the satisfaction at or prior to the Closing of each of the following conditions precedent (any and all of which may be waived by such Buyer in writing):
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BUYER’ CONDITIONS PRECEDENT TO CLOSING. In addition to a complete and satisfactory due diligence investigation by Buyer, as described in Section 4.1 above, the obligations of Buyer to complete the transactions contemplated by this Agreement are conditioned upon the conditions precedent (collectively, the “Buyer Conditions”) set forth in subsections (a) through (i) below. The Buyer Conditions are intended solely for the benefit of Buyer and may only be waived by Buyer in writing. In the event any of the Buyer Conditions of this Agreement is not satisfied by the Closing Date, Buyer may, in its sole and absolute discretion, terminate this Agreement by written notice to Seller, in which event, at Buyer’s election, the Deposit shall be returned to Buyer, this Agreement shall become null and void and the Parties hereto shall have no further obligations to each other hereunder, except for those obligations, which, by the express terms of this Agreement, survive such termination, and, except that in the event that any of the Buyer Conditions listed in (b) through (f) below are not satisfied, Buyer shall be entitled to its rights and remedies provided in Section 7.2 below: Buyer shall have obtained, in form satisfactory to Buyer, in Buyer’s sole discretion, the consent of: (i) the United States Department of Housing and Urban Development (“HUD”) and the City of Paterson and/or Paterson Housing Authority (collectively, the “Assistance Providers”), to the transactions described in this Agreement, which may include approval of the transfer of the HAP Contract to Buyer and approval of post-transfer HAP Contract rents acceptable to Buyer, and the approval of the transfer to Buyer of the Local Housing Assistance Contract (collectively, the “Assistance Approvals”). All of Seller’s representations and warranties contained in or made pursuant to this Agreement shall be materially true and correct as of Closing. The physical condition of the Property shall be substantially the same on Closing as on the date of Buyer’s execution of this Agreement, reasonable wear and tear and loss by casualty excepted. Seller shall have complied with all of Seller’s duties and obligations contained in this Agreement, as of Closing, including those listed in Article 8 below. On or prior to Closing, Seller shall have obtained approval of HUD for the prepayment of the existing indebtedness secured by the Property provided as part of the 236 Agreement and shall have paid, in full, such indebtedness. As of Closing, fee simple title to t...
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BUYER’ CONDITIONS PRECEDENT TO CLOSING. 13 . In addition to a complete and satisfactory due diligence investigation by Xxxxx as described in Section 4.1 above, the obligations of Buyer to complete the transactions contemplated by this Agreement are conditioned upon the satisfaction of the conditions precedent (each, a “Buyer Condition”, and, collectively, the “Buyer Conditions”) set forth in subsections (a) through (h) and (j) below. The Buyer Conditions are intended solely for the benefit of Buyer and may only be waived by Xxxxx in writing. In the event any of the Buyer Conditions of this Agreement is not satisfied (or waived in writing by Xxxxx) as of the Closing Date, Buyer may, in its sole and absolute discretion, terminate this Agreement by written notice to Seller, 13 4.3 Seller’s Condition Precedent to Closing 14 4.4 Tenant Income Questionnaires 14
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BUYER’ CONDITIONS PRECEDENT TO CLOSING. If the following conditions precedent (the “Buyer Conditions Precedent”) are not satisfied, or waived in writing by Buyer, Buyer shall not be obligated to effect the Closing:
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BUYER’ CONDITIONS PRECEDENT TO CLOSING. Subject to Section 6.1 hereof, the obligation of Buyer to consummate the transactions contemplated by this Agreement is conditional upon the following conditions having first been satisfied on or prior to the Closing Date, any of which may be waived in writing by Buyer pursuant to Section 8.14:
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Related to BUYER’ CONDITIONS PRECEDENT TO CLOSING

  • BUYER’S CONDITIONS PRECEDENT TO CLOSING The obligation of Buyer to close the transactions contemplated by this Agreement is subject to the satisfaction at or prior to the Closing of each of the following conditions precedent (any and all of which may be waived by Buyer in writing):

  • Seller’s Conditions Precedent to Closing The obligation of Seller to consummate the transactions contemplated by this Agreement shall be subject to fulfillment at or prior to the Closing of the following conditions, any one or more of which may be waived in writing by Seller:

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • CONDITIONS PRECEDENT TO BUYER'S OBLIGATION TO CLOSE Buyer's obligation to purchase the Shares and to take the other actions required to be taken by Buyer at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Buyer, in whole or in part):

  • CONDITIONS PRECEDENT TO SELLER'S OBLIGATION TO CLOSE Sellers' obligation to sell the Shares and to take the other actions required to be taken by Sellers at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Sellers, in whole or in part):

  • Closing Conditions to Closing The Lender will not be obligated to make the initial Loans or to obtain any Letters of Credit on the Closing Date, unless the following conditions precedent have been satisfied in a manner satisfactory to Lender:

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE Purchaser’s obligation to purchase the Assets and to take the other actions required to be taken by Purchaser at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Purchaser, in whole or in part, in writing):

  • Conditions Precedent to the Closing Conditions precedent to the Closing are as follows:

  • CONDITIONS PRECEDENT TO BUYER'S OBLIGATIONS The obligations of Buyer under this Agreement are subject to satisfaction or waiver by Buyer of each of the following conditions or requirements on or before the Closing Date:

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