Condition Removal Sample Clauses
The Condition Removal clause outlines the process by which parties confirm that certain conditions precedent in an agreement have been satisfied or waived. Typically, this involves one party providing written notice to the other that a specific condition has been met, such as obtaining regulatory approval or securing financing. This clause ensures that all required conditions are formally acknowledged as fulfilled before the agreement proceeds, thereby providing clarity and certainty about the parties’ obligations and the enforceability of the contract.
Condition Removal. Should the Parties agree that the transfer of Additional Available Water may be conditioned on the satisfaction of environmental, transportation, SWRCB approval, BOR approval or Landowner participation conditions, the period for satisfaction of such conditions may not be longer than twenty-four (24) months from the date that the Parties reach agreement on the terms for transfer of the Additional Available Water. The Parties agree to proceed with reasonable diligence and use reasonable best efforts to satisfy any conditions for which a Party has accepted responsibility.
Condition Removal. Notwithstanding anything herein contained to the contrary: if the Buyer’s obligation to purchase the Property is subject to one or more conditions then the conditions shall be set out herein or in an Addendum attached hereto and if such conditions exist then the Seller may, on written notice delivered to the Buyer require the Buyer to either satisfy or waive the satisfaction of all of their conditions by delivering written notice within forty-eight (48) hours from the time the Seller gives notice to the Buyer. If such written waiver is not received by the Seller within such time, then this Agreement shall terminate and the Deposit shall be promptly refunded to Buyer.
Condition Removal. Notwithstanding anything herein contained to the contrary, if the Purchaser's obligation to purchase the Strata Lot is subject to one or more conditions, then the conditions will be set out in an addendum attached hereto and if such conditions exist then the Vendor may, on written notice delivered to the Purchaser, require the Purchaser to either satisfy or waive such conditions by the delivery of written notice to the Vendor within twenty-four (24) hours from the time the Vendor delivers its notice to the Purchaser. If the Purchaser’s written notice either satisfying or waiving the Purchaser’s conditions is not received by the Vendor within the time permitted as aforesaid, then this Agreement will terminate and the Deposit will be promptly refunded to Purchaser.
Condition Removal. Notwithstanding anything to the contrary contained herein, if the Purchaser's obligation to purchase the Strata Lot is subject to one or more conditions as set out in the addendum hereto and if such conditions exist, then the Vendor may, on written notice to the Purchaser, require the Purchaser to either satisfy or waive such conditions by delivery written notice to the Vendor within 48 hours from the time the Vendor delivers notice to the Purchaser,. If the Purchaser's written notice either satisfying or waiving the Purchaser's conditions is not received within the stipulated time, then the Agreement will terminate and the Deposit will be promptly returned to the Purchaser on the terms and conditions contained herein. Lands: Legal Notations: Charges, Liens and Interests. Lands: Legal Notations: Charges, Liens and Interests.