Closing Date Extension. The Lender hereby agrees that the date referred to in clause 3.4 of the Facility Agreement is extended to 28 June 2013 (or such later date as may be agreed by the Lender).
Closing Date Extension. Seller, in its sole and absolute discretion, shall have the right, upon written notice to Purchaser at least two (2) Business Days prior to the Scheduled Closing Date, to adjourn the Scheduled Closing Date for up to thirty (30) days to deliver the Tenant Estoppel Certificates.
Closing Date Extension. The definition of “Closing Date” in paragraph 22 of Addendum I to the Purchase Agreement is hereby amended and restated in its entirety as follows:
Closing Date Extension. Notwithstanding any provision of this Agreement to the contrary except subsection 18.d, in the event that Purchaser is prepared to close this transaction pursuant to the terms of this Agreement, and if Seller has not fully performed its obligations hereunder and deposited all documents with Title Company necessary for Closing to timely occur, then Purchaser, in its sole and absolute discretion, and in addition to all other rights and remedies it may have, may, from time to time, notify Seller that Purchaser extends the Closing Date to such date or dates as Purchaser may elect to provide Seller with the additional time necessary for Seller to fully perform its obligations hereunder, and Purchaser may defer deposit of the balance of the Purchase Price pending Seller’s performance, provided, however, that the Closing Date shall not be extended more than thirty (30) days under this subsection. Seller’s failure to fully perform by such extended Closing Date(s) without legal excuse shall constitute a default by Seller under this Agreement.
Closing Date Extension. If as of the Closing Date, (i) the Site ---------------------- Survey Approval is not obtained or (ii) an outstanding appeal has been taken from the Building Code Variance, then either party may elect to extend the Closing Date by written notice to the other party delivered at least two (2) Business Days prior to the Closing Date, for such time as is necessary to obtain the Site Survey Approval or resolve any outstanding appeal taken from the Building Code Variance but in no event shall such extension extend the Closing Date beyond June 30, 1998. Subject to the foregoing, if the Site Survey Approval has not been obtained or any outstanding appeal from the Building Code Variance nor been resolved to the mutual satisfaction of Prudential and REIT OP, by the Closing Date as so extended and both parties do not mutually agree to proceed to close the Transaction, then Prudential shall promptly return the Letter of Credit to REIT OP and upon such return, this Agreement shall terminate and neither party shall have any further rights or obligations hereunder other than any arising under any Section herein which expressly provides that it shall survive the termination of this Agreement.
Closing Date Extension. Section 6.1 is hereby deleted in its entirety and replaced with the following new Section 6.1:
Closing Date Extension. The Closing Date agreed to under the Purchase Agreement shall be hereby extended to [MM/DD/YYYY].
Closing Date Extension. Notwithstanding anything contained herein to the contrary, Buyer shall have one option to extend the Closing Date to February 28, 2007. Buyer shall exercise said option by providing written notice (the “Closing Date Extension Notice”) to Seller and Escrowholder on or before ten (10) calendar days prior to the Closing Date, and by depositing with Escrowholder, by wire transfer or other immediately payable funds, the sum of Two Hundred and Fifty Thousand Dollars ($250,000.00) (the “Closing Date Extension Deposit”). The Closing Date Extension Deposit shall be applied against the Purchase Price on the Closing and shall otherwise be held and delivered by the Escrowholder in the same manner as Xxxxxxx Money in accordance with the provisions of this Agreement. Buyer shall be deemed to have waived its option to extend the Closing Date unless Seller receives the Closing Date Extension Notice and the Closing Date Extension Deposit is deposited with Escrowholder on or before ten (10) calendar days prior to the Closing Date.
Closing Date Extension. Article 1 is amended to change the definition of "Closing Date" from April 11, 2013 to May 10, 2013.
Closing Date Extension. In the event that the closing of the transactions contemplated by this Agreement does not occur by the Closing Date, each of the Sellers hereby authorizes Mx. Xxxx Xxxxx to agree to amend this Agreement to provide for an extension of the Closing Date as Mx. Xxxxx xxxxx appropriate in his sole discretion.
