Contingency Date. Seller shall deliver to Buyer the Wal-Mart Waiver, Mortgage Agreement, 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, 3.03, 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
Appears in 1 contract
Sources: Sale Agreement (Net 2 L P)
Contingency Date. Seller shall deliver to Buyer the Wal-Mart Waiver, Mortgage Agreement, 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 receipt of the limited partner's consent in accordance with Sections 3.01, 3.02, 3.03, 3.04, 3.05 and 3.06 hereof. if 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 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) (ccSection 2.02(a)(i)(cc) shall apply, this Agreement shall be null and void and neither partyparty shall have any further obligations to the other hereunder. The date by which all such
Appears in 1 contract
Sources: Sale Agreement (Net 1 L P)