Common use of Conditions to Buyer's Performance Not Met Clause in Contracts

Conditions to Buyer's Performance Not Met. By Buyer with written notice to Seller if the Closing Date has not occurred on or before December 31, 1996. Notwithstanding the foregoing, Buyer may not exercise any right to terminate this Agreement pursuant to this paragraph if Buyer has breached in any material respect its covenants or agreements set forth in this Agreement in any manner that shall have proximately contributed to the failure of the Closing Date to occur on or before December 31, 1996.