Common use of CROPS Clause in Contracts

CROPS. During the Due Diligence Period, Seller may plant farm crops or enter into a lease for the planting of farm crops on the Land. If (and only if) Seller provides written notice to Buyer prior to planting such crops, including in such notice the estimated date(s) of harvest, then the Closing Date may be delayed until the crops planted on the Land are harvested (the “Harvest Date”); provided, however that if the Closing Date selected by the Buyer in accordance with Section 2.3 is earlier than the Harvest Date, Buyer shall pay the owner of the crops an amount equal to the fair market value of that portion of the crops which cannot reasonably be harvested prior to the Closing Date.

CROPS. During the Due Diligence Period, Seller may plant farm crops or enter into a lease for the planting of farm crops on the Land. If (and only if) Seller provides written notice to Buyer prior to planting such crops, including in such notice the estimated date(s) of harvest, then the Closing Date may be delayed until the crops planted on the Land are harvested (the “Harvest Date”); provided, however that if the Closing Date selected by the Buyer in accordance with Section 2.3 2.2 is earlier than the Harvest Date, Buyer shall pay the owner of the crops an amount equal to the fair market value of that portion of the crops which cannot reasonably be harvested prior to the Closing Date.