Condition to Buyer’s Obligation Sample Clauses

Condition to Buyer’s Obligation. The obligation of Buyer to effect the transactions contemplated hereby shall be subject to the satisfaction at or prior to the Closing of each of the following conditions, any of which may be waived, in writing, exclusively by Buyer:
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Condition to Buyer’s Obligation. Seller acknowledges that Buyer’s obligation to consummate the purchase of the Golf Club shall be subject to the validation and issuance by Buyer of Special Assessment Bonds in an amount not less than $1,500,000.00 (the “Bond Issuance”). Buyer agrees to utilize good faith efforts to accomplish the Bond Issuance and to timely commence and diligently proceed with all necessary actions, including initiation of a bond validation proceeding in the Fifth Judicial Circuit in and for Lake County, Florida (the “Court”), in connection therewith prior to August 1, 2019 (the “Projected Bond Issuance Date”). Notwithstanding the foregoing however, nothing contained herein shall be deemed to constitute a guarantee on the part of the Buyer that the Bond Issuance will be approved by the Court or will not be challenged by any third party as may be permitted by applicable law. Further, Seller acknowledges that the public finance market is subject to regulatory and market forces which are beyond the control of Buyer and that during the term of this Contract that there is the possibility that future events may make the Bond Issuance impractical or impossible. Accordingly, nothing contained herein shall be deemed to limit in any manner Buyer’s discretion to determine at any point during the term of this Contract that the Bond Issuance is not in Buyer’s best interest. Should Buyer be unable to effectuate the Bond Issuance or should Buyer determine that the Bond Issuance is not in Buyer’s best interest, then on or before the Closing Date, Buyer shall have the right to terminate this Contract, whereupon the Xxxxxxx Money shall be returned to Buyer, this Contract shall terminate and Buyer and Seller shall be relieved of further liability hereunder, except for such indemnification and other obligations as may, under the express terms hereof, survive termination of this Contract.
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Related to Condition to Buyer’s Obligation

  • Conditions to Buyer’s Obligation to Close ‌ The obligations of Buyer to effect the transactions contemplated in this Agreement are subject to the satisfaction or waiver by Buyer on or prior to the Closing Date of each of the following conditions:

  • Conditions to Buyer’s Obligation Buyer’s obligation to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

  • Conditions to Seller’s Obligation to Close The obligation of the Seller to convey the Property to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

  • CONDITIONS TO BUYER'S OBLIGATION TO PURCHASE The obligation of Buyer to purchase the Securities at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for Buyer's sole benefit and may be waived by Buyer at any time in their sole discretion:

  • Conditions to Seller’s Obligation Seller's obligation to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

  • Conditions To Seller's Obligation To Sell Seller's obligation to sell the Debentures is conditioned upon:

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

  • Conditions to Buyer’s Obligations The obligation of Buyer to consummate the transactions contemplated by this Agreement is subject to the satisfaction of the following conditions on or before the Closing Date:

  • Conditions to the Buyer’s Obligations The obligations of the Buyer to consummate the transactions contemplated hereunder on the Closing Date are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Conditions to The Buyer’s Obligation to Purchase The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

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