Common use of - Failure of Contingencies Clause in Contracts

- Failure of Contingencies. In the event that any one or more of the contingencies set forth in this Article is not satisfied, waived or deferred by the parties in writing, within the period of time set forth above, then, upon written notice, either party may terminate this Agreement. In such event, neither party shall have any further responsibility or liability to the other. The Developer reserves the right, at its option, to waive or defer any one or more of the conditions precedent.

Appears in 57 contracts

Samples: Development Agreement (Carematrix Corp), Development Agreement (Carematrix Corp), 127 Development Agreement (Carematrix Corp)

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- Failure of Contingencies. In the event that any one or more of the contingencies set forth in this Article is not satisfied, waived or deferred by the parties in writing, within the period of time set forth above, then, upon written noticeNotice, either party may terminate this Agreement. In such event, neither party shall have any further responsibility or liability to the other. The Developer reserves the right, at its option, to waive or defer any one or more of the conditions precedent.

Appears in 4 contracts

Samples: Development Agreement (Carematrix Corp), Development Agreement (Carematrix Corp), Development Agreement (Standish Care Co)

- Failure of Contingencies. In the event that any one or more of the contingencies set forth in this Article is not satisfied, waived or deferred by the parties in writing, within the a reasonable period of time set forth abovetime, then, upon written noticeNotice, either party may terminate this Agreement. In such event, neither party shall have any further responsibility or liability to the other. The Developer reserves the right, at its option, to waive or defer any one or more of the conditions precedent.

Appears in 2 contracts

Samples: Development Agreement (Capital Senior Living Corp), Development Agreement (Capital Senior Living Corp)

- Failure of Contingencies. In the event that any one or more of the contingencies set forth in this Article is not satisfied, waived or deferred by the parties in writing, within the period of time set forth above, then, upon written notice, either party may terminate this Agreement. In such event, neither party shall have any further responsibility or liability to the other. The Developer reserves the right, at its option, to waive or defer any one or more of the conditions precedent.

Appears in 2 contracts

Samples: Development Agreement (Carematrix Corp), Development Agreement (Carematrix Corp)

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- Failure of Contingencies. In the event that any one or more of the contingencies set forth in this Article is not satisfied, waived or deferred by the parties in writing, within the period of time set forth above, then, upon written noticeNotice, either party may terminate this Agreement. In such event, neither party shall have any further responsibility or liability to the other. The Developer reserves the right, at its option, to waive or defer any one or more of the conditions precedent.

Appears in 2 contracts

Samples: Development Agreement (Standish Care Co), Development and Turnkey Services Agreement (Standish Care Co)

- Failure of Contingencies. In the event that any one or more of the contingencies set forth in this Article is not satisfied, waived or deferred by the parties in writing, within the period of time set forth above, then, upon written noticeNotice, either party may terminate this Agreement. In such event, neither party shall have any further responsibility or liability to the other. The Developer Contractor reserves the right, at its option, to waive or defer any one or more of the conditions precedent.

Appears in 1 contract

Samples: Turnkey Construction Contract (Carematrix Corp)

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