Common use of Loss Adjustments Clause in Contracts

Loss Adjustments. The Closing Date shall be extended as necessary to permit Purchaser and Seller to exercise their rights within the time periods set forth in this Article 8. In connection with any claim with respect to insurance or condemnation proceeds pursuant to this Article 8, Seller shall not settle or approve settlement of any claim without Purchaser's prior written consent, which consent shall not be unreasonably withheld or delayed, and Purchaser and Seller shall fully cooperate with each other in prosecuting diligently the recovery of any such claim(s).

Loss Adjustments. The Closing Date shall be extended as necessary to permit Purchaser and Seller to exercise their rights within the time periods set forth in this Article 89, but not beyond March 1, 2020. In connection with any claim with respect to insurance or condemnation proceeds pursuant to this Article 89, Seller shall not settle or approve settlement of any claim without Purchaser's ’s prior written consent, which consent shall not be unreasonably withheld withheld, conditioned, or delayed, and Purchaser and Seller shall fully cooperate with each other in prosecuting diligently the recovery of any such claim(s).