Common use of Conditions Precedent to the Closing Clause in Contracts

Conditions Precedent to the Closing. Purchaser's obligations to consummate the Closing are subject to the satisfaction of each and every one of the conditions and requirements set forth in this Article 10, all of which shall be conditions precedent to Purchaser's obligations under this Agreement. Notwithstanding the foregoing, Purchaser, in its sole discretion, may waive any such condition by notice to Seller or Closing the contemplated transaction.

Appears in 3 contracts

Samples: Hotel Purchase Agreement (American General Hospitality Corp), Hotel Purchase Agreement (American General Hospitality Corp), Hotel Purchase Agreement (American General Hospitality Corp)

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Conditions Precedent to the Closing. In addition to any other conditions set forth in this Agreement, Purchaser's obligations to consummate the Closing are subject to the timely satisfaction of each and every one of the conditions and requirements set forth in this Article 10, all of which shall be conditions precedent to Purchaser's obligations under this Agreement. Notwithstanding the foregoing, Purchaser, in its sole discretion, may waive any such condition by notice to Seller or Closing the contemplated transactionSellers.

Appears in 1 contract

Samples: Purchase Agreement (American General Hospitality Corp)

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Conditions Precedent to the Closing. In addition to any other conditions set forth in this Agreement, Purchaser's obligations to consummate the Closing are subject to the timely satisfaction of each and every one of the conditions and requirements set forth in this Article 10, all of which shall be conditions precedent to Purchaser's obligations under this Agreement. Notwithstanding the foregoing, Purchaser, in its sole discretion, may waive any such condition by notice to Seller or Closing the contemplated transactionSeller.

Appears in 1 contract

Samples: Hotel Purchase Agreement (American General Hospitality Corp)

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