Buyer’s Cancellation Right Sample Clauses

Buyer’s Cancellation Right. If through no fault of Buyer, Escrow is not closed on or within six (6) months after the Opening Date, Buyer may terminate this Agreement, cancel Escrow and, within fifteen calendar days after Seller and Escrow Holder receive written notice of such termination and cancellation, receive a refund of all amounts Buyer has deposited into Escrow. If this Agreement is terminated by Buyer pursuant to the Section 6.1, neither Party shall have any further obligation to the other under this Agreement (unless either Buyer or Seller is otherwise in default hereunder).
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Buyer’s Cancellation Right. If, through no fault of Buyer, Escrow is not closed on or within one (1) year after the Opening Date, Buyer may terminate this Agreement, cancel Escrow and, within fifteen (15) calendar days after Seller and Escrow Holder receive written notice of such termination and cancellation, receive a refund of all amounts Buyer has deposited into Escrow without deduction. Before the Close of Escrow, Seller (a) may, in its sole discretion, make material changes in the legal management documents for the Community, changes in the overall development of the Community or change in the manner or content of any offering of residences in the Community or any phase of development thereof and (b) shall advise Buyer if Seller becomes aware that any of Seller’s representations and warranties in this Agreement has become materially inaccurate. In such case, Seller shall provide Buyer with written notice of such material change or material inaccuracy and Buyer’s sole remedy at that time shall be to terminate this Agreement, request cancellation of Escrow and receive a full refund of all amounts deposited hereunder. Buyer's failure to deliver written notice of termination to Seller within five (5) calendar days after receipt of Seller's material change notice constitutes a waiver of Buyer’s right to terminate this Agreement and cancel Escrow in response to such change or inaccuracy. It is agreed that changes made by Seller pursuant to Sections 10.1 and 10.5 are not material changes subject to this Section.
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Buyer’s Cancellation Right. 5.7.1. Buyer may cancel (a) all or any portion of the quantity of LNG scheduled in the ADP or (b) all or any portion of the ACQ in future Contract Years, (“Cancellation Right”) only if Buyer issues a notice of cancellation to Seller on or prior to the Cancellation Deadline for the applicable quantity of LNG.
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Buyer’s Cancellation Right. Seller hereby agrees that, Buyer shall have the right, by written notice given to Seller and Escrow Agent on or before June 30, 1998, to cancel this transaction if Buyer is not satisfied, in the sole and absolute discretion, with the status of the Acquired Assets after Buyer's review of such assets. In such event,
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Related to Buyer’s Cancellation Right

  • Termination Prior to Closing This Agreement may be terminated at any time prior to the Closing:

  • Inspection Rights Permit representatives and independent contractors of the Administrative Agent and each Lender to visit and inspect any of its properties, to examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants (subject to such accountants’ customary policies and procedures), all at the reasonable expense of the Borrower and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; provided that, excluding any such visits and inspections during the continuation of an Event of Default, only the Administrative Agent on behalf of the Lenders may exercise rights of the Administrative Agent and the Lenders under this Section 6.10 and the Administrative Agent shall not exercise such rights more often than two times during any calendar year and only one (1) such time shall be at the Borrower’s expense; provided, further, that when an Event of Default exists, the Administrative Agent or any Lender (or any of their respective representatives or independent contractors) may do any of the foregoing at the expense of the Borrower at any time during normal business hours and upon reasonable advance notice. The Administrative Agent and the Lenders shall give the Borrower the opportunity to participate in any discussions with the Borrower’s independent public accountants. Notwithstanding anything to the contrary in this Section 6.10, none of the Borrower nor any Restricted Subsidiary shall be required to disclose, permit the inspection, examination or making copies or abstracts of, or discussion of, any document, information or other matter that (i) constitutes non-financial trade secrets or non-financial proprietary information, (ii) in respect of which disclosure to the Administrative Agent or any Lender (or their respective representatives or contractors) is prohibited by Law or (iii) is subject to attorney-client or similar privilege or constitutes attorney work-product.

  • Buyer’s Deliveries at Closing At the Closing, Buyer shall deliver to Seller the following:

  • Buyer’s Closing Deliveries At the Closing, Buyer shall deliver or cause to be delivered the following:

  • Redemption Right A. Subject to Sections 8.6(B) and 8.6(C) hereof and at any time on or after such date as expressly provided for in any agreement entered into between the Partnership and any Limited Partner, each holder of a Common Unit (if other than the General Partner) shall have the right (the “Redemption Right”) to require the Partnership to redeem on a Specified Redemption Date all or a portion of the Partnership Units (provided that such Partnership Units constitute Common Units) held by such holder at a redemption price equal to and in the form of the Cash Amount to be paid by the Partnership; provided that the Partnership Units shall have been outstanding for at least one year; provided, further, that the General Partner, following the direction and approval of the Board of Directors, may allow a holder to exercise its Redemption Right prior to the Common Units being outstanding for one year in its discretion. The Redemption Right shall be exercised pursuant to a Notice of Redemption delivered to the Partnership (with a copy to the General Partner) by the holder who is exercising the redemption right (the “Redeeming Partner”); provided, however, that the Partnership shall not be obligated to satisfy such Redemption Right if the Operating Partnership elects to purchase the Partnership Units subject to the Notice of Redemption pursuant to Section 8.6(B). A holder under this Section 8.6(A) may not exercise the Redemption Right for less than 1,000 Partnership Units at any one time or, if such holder holds less than 1,000 Partnership Units, all of the Partnership Units held by such Partner. The Redeeming Partner shall have no right, with respect to any Partnership Units so redeemed, to receive any distributions paid on or after the Specified Redemption Date. The Assignee of any holder herein may exercise the rights of such Limited Partner pursuant to this Section 8.6(A), and such Limited Partner shall be deemed to have assigned such rights to such Assignee and shall be bound by the exercise of such rights by such Assignee. In connection with any exercise of such rights by an Assignee on behalf of a holder in this Section 8.6(A), the Cash Amount shall be paid by the Partnership directly to such Assignee and not to such holder. Any Partnership Units redeemed by the Partnership pursuant to this Section 8.6(A) shall be cancelled upon such redemption.

  • Buyer Closing Deliveries At the Closing, Buyer shall deliver or cause to be delivered the following:

  • Company Closing Deliveries At the Closing, the Company shall deliver, or cause to be delivered, to the Purchaser the following:

  • Buyer’s Deliveries At the Closing, Buyer shall deliver the following to Seller:

  • Redemption Rights of Qualifying Parties A. Commencing on the expiration of the Twelve-Month Period applicable to any Partnership Common Units, a Qualifying Party shall have the right (subject to the terms and conditions set forth herein), by delivering a Notice of Redemption to the Managing General Partner, to require the Partnership to redeem all or a portion of such Partnership Common Units held by such Tendering Party (Partnership Common Units that have in fact been tendered for redemption being hereafter referred to as “Tendered Units”) in exchange (a “Redemption”) for the Cash Amount payable on the Specified Redemption Date. The Partnership may, in the Managing General Partner’s sole and absolute discretion, redeem Tendered Units at the request of the Holder prior to the end of the applicable Twelve-Month Period (subject to the terms and conditions set forth herein) (a “Special Redemption”); provided, however, that the Managing General Partner first receives a legal opinion to the same effect as the legal opinion described in Section 15.1.G(4) of this Agreement. Any Redemption shall be exercised pursuant to a Notice of Redemption delivered to the Managing General Partner and the Special Limited Partner by the Qualifying Party when exercising the Redemption right (the “Tendering Party”). The Partnership’s obligation to effect a Redemption, however, shall not arise or be binding against the Partnership until the earlier of (i) the date the Special Limited Partner notifies the Tendering Party that the Special Limited Partner declines to acquire some or all of the Tendered Units under Section 15.1.B hereof following receipt of a Notice of Redemption and (ii) the Business Day following the Cut-Off Date. In the event of a Redemption, the Cash Amount shall be delivered as a certified or bank check payable to the Tendering Party or, in the Managing General Partner’s sole and absolute discretion, in immediately available funds, in each case, on or before the Specified Redemption Date.

  • Seller’s Deliveries at Closing At the Closing, Seller will deliver or cause to be delivered to Buyer:

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