Extension of Closing. Buyer may extend the date set for Closing one (1) time by thirty
Extension of Closing. If the Seller shall be unable to give title to Buyer, or to make conveyance, or to deliver possession of the Premises, all as in accordance with this Agreement, or if at the time of the Closing, the Premises does not conform with the provisions of this Agreement, then the Seller shall use reasonable efforts to remove any defects in title, or to deliver possession as provided herein, or to make the Premises conform to the provisions hereof, as the case may be, in which event the Closing hereunder shall be extended by thirty (30) days. It is understood and agreed that Seller shall not be under any obligation to attempt to cure by litigation or otherwise any defect which may be found to exist in the title to the Premises or to remove any encumbrances upon the title to the Premises not voluntarily placed thereon by the Seller subsequent to the date hereof or to correct any violations of subdivision, plat, zoning, building, minimum housing standard regulations or other similar restrictions or regulations or to otherwise spend more than $5,000.00. This paragraph is also not intended to apply to any damage to the Premises caused by fire or other casualty, as to which the provision of Section 10 shall apply. The Buyer may, however, with the Seller’s consent, elect to waive any such defects and accept such title to the Premises as the Seller are able to convey, without any warranty as to such conditions and without a reduction of the Purchase Price, and the acceptance of the Deed by the Buyer shall be deemed full performance and discharge of all the obligations of the Seller under this Agreement.
Extension of Closing. If the closing of the Purchase Option cannot be effected upon the third business following notice of exercise because any applicable waiting period under the Xxxx-Xxxxx-Xxxxxx Anti-Trust Improvements Act of 1976, as amended (the “HSR Act”) shall not have expired or been terminated, Transferee will promptly take all such actions as may be requested by Transferor, and will otherwise fully cooperate with Transferor, to cause the elimination of all such impediments to the closing of the Purchase Option, and the closing of the Purchase Option will be extended to the third business day following the elimination of all such impediments.
Extension of Closing. (a) In the event:
Extension of Closing. The “Closing Date” in Section 4 is amended to be 8:01 a.m. on January 24, 2018.
Extension of Closing. Notwithstanding the provisions of Section 3.1 to the contrary, Buyer shall be entitled to an extension of the Closing date of up to Fifteen (15) days.
Extension of Closing. At the sole option of Buyer, the Closing may be extended a maximum of four (4) weeks from May 27, 2002, provided, however, that Buyer pays Seller, by cashier's check or wire transfer, the non-refundable sum of $50,000 per week, such payments to become credits against the balance due at Closing. Such weekly fee to be paid, if at all, $50,000 on or before May 24, 2002; May 31, 2002; June 7, 2002 and June 14, 2002. Time shall be the essence of this Article 5.02 and the weekly payment shall have been received by Seller on or before the dates stated.
Extension of Closing. The Purchaser may extend the Closing by 30 days up to three times, for a maximum extension of 90 days. The Purchaser Price shall be increased by Forty Thousand U.S. Dollars ($40,000.00) for each extension of the Closing required by the Purchaser. The Purchaser shall give the Vendors at least fourteen (14) days prior written notice in the case of the first extension and at least five (5) days prior written notice in the case of the second and third extension, should they be required. Upon each such notice being given, the Purchaser shall deliver to the Vendors, together with the notice, a cheque in the amount of forty thousand Dollars ($40,000.00) being the increase to the Purchase Price, which shall be held in trust by the Vendors' Counsel, pending the completion of the transactions contemplated herein. This increase to the Purchase Price shall be an increase to the Deposit and shall be treated in a like manner with respect to the provisions of Section 2.2 herein.
Extension of Closing. In the event that the Closing has not occurred on or before April 7, 2015, the Parties will work together to effect Closing on or before April 14, 2015.
Extension of Closing. Purchaser shall have the option to extend the date of Closing for up to four consecutive thirty (30) day periods subject to the provisions of this Paragraph. In the event that Purchaser elects to exercise its option pursuant to this Paragraph, Purchaser shall provide Seller and Escrow Agent with three business days' advance written notice from the date of the Closing of its intention to extend the Closing Date. Such notice, in each instance, shall be accompanied by a check made out to the Escrow Agent (or an electronic fund transfer into the account of the Escrow Agent) in the following amounts: first thirty (30) day extension $75,000; second thirty (30) day extension, an additional $75,000; third thirty (30) day extension, an additional $100,000; and fourth (30) day extension, an additional $100,000. In the event that Purchaser exercises any or all of its extensions options pursuant to the terms of this Paragraph, the amounts deposited as set forth in the preceding sentence shall be held in accordance with the Escrow Agreement and shall be non refundable except in the case of Seller default under this Agreement. In the event the transaction contemplated herein Closes, all amounts deposited into Escrow pursuant to this Paragraph, if any, shall be credited against the purchase price at Closing. Purchaser shall have no right to extend the Closing beyond July 29, 1997."
