Common use of DELIVERIES AT CLOSING; CLOSING PROCEDURES Clause in Contracts

DELIVERIES AT CLOSING; CLOSING PROCEDURES. The Closing will take place on the Closing Date. Buyer may elect to close escrow on an earlier date by giving written notice to Seller and Escrow Holder of its intent to close escrow earlier at least five (5) days in advance of such earlier date, but such notice shall not be binding upon Buyer, and if Buyer is not in a position to close on the earlier date, Buyer shall have until the Closing Date to close.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Arden Realty Inc), Agreement of Purchase and Sale and Joint Escrow Instructions (Arden Realty Inc)

AutoNDA by SimpleDocs

DELIVERIES AT CLOSING; CLOSING PROCEDURES. The Closing will take place on the Closing Date. Buyer may elect to close escrow on an earlier date by giving written notice to Seller and Escrow Holder of its intent to close escrow earlier at least five (5) days in advance of such earlier date, but such notice shall not be binding upon Buyer, and if Buyer is not in a position to close on the earlier date, whether due to inability to expedite issuance of Operating Partnership Units as elected by Seller, or otherwise Buyer shall have until the Closing Date to close.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Arden Realty Inc)

AutoNDA by SimpleDocs

DELIVERIES AT CLOSING; CLOSING PROCEDURES. The Closing will take place on the Closing Date. Buyer may elect to close escrow on an earlier date by giving written notice to Seller and Escrow Holder of its intent to close escrow earlier at least five (5) business days in advance of such earlier date, but and upon Seller's receipt of such notice shall not be binding upon Buyernotice, and if Buyer is not in a position to close on the earlier date, Buyer date shall have until become the new Closing Date to closeDate.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Arden Realty Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.