Contingency Date. Notwithstanding anything to the contrary provided in the Contract, Purchaser and Seller hereby acknowledge and agree that the “Contingency Date” shall mean July 14, 2016.
Contingency Date. Seller shall deliver to Buyer the Wal-Mart Waiver Title Commitment (which shall include complete and legible copies of all recorded and unrecorded documents referenced therein), Survey, Environmental Assessment and notice of receipt of the limited partner's consent in accordance with Sections 3.01, 3.02, 3.04, 3.05 and 3.06 hereof. If Buyer shall consider any of such items as unsatisfactory, then Buyer must notify Seller of its specific objection within seven (7) days of receipt thereof provided that with respect to title, it shall be seven (7) days after Buyer's receipt of the later of the Survey or the Title Commitment. Seller shall then have fifteen (15) days to cure such objection to the reasonable satisfaction of Buyer, unless Seller notifies Buyer that it will require additional time to cure the objection, which additional time cannot exceed fifteen (15) days, unless otherwise agreed by the parties, at the end of which period the specific condition precedent will be satisfied, unless waived without any adjustment to the Purchase Price or deemed unsatisfied by Buyer. In the event any condition is unsatisfied, the provisions of Section 2.02(a)(i)(cc) shall apply, this Agreement shall be null and void and neither party shall have any further obligations to the other hereunder. The date by which all such
Contingency Date. Purchaser shall, on or before the Contingency Date, notify Seller in writing if the Conditions Precedent have not been satisfied or waived by Purchaser, in Purchaser's sole and absolute discretion, or that the Real Property is otherwise not satisfactory to Purchaser for any reason or no reason in Purchaser's sole and absolute discretion, and that Purchaser has elected to terminate this Agreement. If Purchaser so timely notifies Seller, then this Agreement shall terminate with respect to the entire Portfolio, as a whole, Seller shall retain the Firm Deposit and Purchaser shall receive a return of Escrow Agent Deposit, together with any interest earned thereon, provided Purchaser shall execute any documents reasonably required by Seller to evidence such termination including, without limitation, quit claim deeds. Upon such termination, neither party will have any further rights or obligations (other than as may be expressly set forth herein and the indemnity obligations of Purchaser set forth in SECTIONS 4(D), 15 AND 16, which obligations shall survive any such termination) regarding this Agreement or the Portfolio. If Purchaser gives notice that the Conditions Precedent have been satisfied or waived by Purchaser, or if Purchaser fails to notify Seller on or prior to the Contingency Date that the Conditions Precedent have not been satisfied or waived by Purchaser, then Purchaser's termination right set forth in this SECTION 4 shall be deemed to have been waived by Purchaser, in which event (i) Purchaser shall deposit the Additional Deposit with the Title Company within two (2) business days after the Contingency Date, (ii) all of the Deposit (including the Initial Deposit and the Additional Deposit) shall become non-refundable as of the Contingency Date, except as specifically provided otherwise herein, and (iii) the parties shall proceed to Closing in accordance with the provisions herein contained. Purchaser shall maintain a policy of commercial general liability insurance, with a company licensed to do business in the states where the Projects are located with a single combined limit of not less than Three Million Dollars ($3,000,000), insuring all activity and conduct of Purchaser and its agents, representatives and independent contractors during any such entry, including contractual liability coverage. Seller shall be named as additional insured on such commercial general liability policy, and Purchaser shall provide proof of such insurance to Seller, i...
Contingency Date. The “Contingency Date” as set forth and defined in Subsection 1 of the Purchase Agreement is hereby amended to mean “March 27, 2013.”
Contingency Date. June 1, 2006 Earnest Money. The earnest money deposit , together with any xxxxxxst earned thxxxxx, made by Purchaser and held by Title Company described Section 3.2.1.
Contingency Date. December 22, 2017.
Contingency Date. The Contingency Date as defined in Section 26.21 (“Contingency”) of the Lease is hereby deleted in its entirety and amended to be on or before November 30, 2021 (the “Contingency Date”). All other terms and conditions outlined in Section 26.21 of the Lease shall remain in full force and effect.
Contingency Date. The date which is March 30, 2018.
Contingency Date. The definition of the Contingency Date as set forth in Section 1.5 of the Purchase Agreement is deleted in its entirety and is replaced with “August 14, 2009” such that this shall be the Contingency Date.
Contingency Date. The Contingency Date under the Purchase Agreement shall be March 12, 1998.
