Purchaser’s Options Sample Clauses
Purchaser’s Options. If the Purchaser has received a Notice of Sale, the Purchaser in its sole discretion may elect either (i) to consummate a Sale Transaction or (ii) to permit the Holder to consummate an AOG Transaction.
Purchaser’s Options. In the event that, between the date hereof and the Time of Closing, all or any portion of the material property or assets of the Corporation or any Subsidiary are destroyed or damaged by fire or other hazard or shall be expropriated or seized by any governmental or other lawful authority or if notice of any such expropriation or seizure shall be received by the Corporation or any Subsidiary, the Vendors shall immediately so notify the Purchaser and the Purchaser shall have the option, exercisable by notice to each of the Vendors given within seven Business Days of the Purchaser receiving notice in writing from the Vendors of, or otherwise
Purchaser’s Options. If Vendor's Notice is given pursuant to Subclause 10.03(b), Purchaser shall, prior to the Closing Time give notice to Vendor that:
(a) it wishes to terminate the transaction, in which case this Agreement will terminate and the Parties shall have no further obligation to each other hereunder, except for obligations arising pursuant to the Confidentiality Agreement; or
(b) it accepts Vendor's Notice, in which case the Purchase Price shall be reduced by the amount specified, if any, in Vendor's Notice and Clause 10.05 shall apply.
Purchaser’s Options. If any Disapproved Title Matters that Seller has elected to remove or cure (or deemed to have elected to remove or cure) have not been removed at least five (5) days prior to Closing (as may be extended pursuant to Section 5.3 hereof), or provision for their removal or cure by Closing has not been made to Purchaser's satisfaction, Purchaser may elect, in its sole discretion: (a) subject to satisfaction of the other conditions to Closing, to close the purchase of the Mall in question, and take title subject to any Disapproved Title Matters that have not been cured or removed at or before Closing (provided that such election shall not release Seller from its obligation to cure or remove Disapproved Title
Purchaser’s Options. If Vendors’ Notice is given pursuant to Section 10.03(b), Purchasers shall, prior to the Closing Date give notice to Vendors that they:
(a) wish to terminate the transaction, In which case this Agreement will terminate in which case Vendors shall forthwith return the Deposit together with accrued interest thereon to Purchasers and the Parties shall have no further obligation to each other hereunder, except for obligations arising pursuant to the Confidentiality Agreement; or
(b) accept Vendors’ Notice, in which case the Purchase Price shall subject to Section 10.02 be reduced by the amount specified, if any, in Vendors’ Notice and Section 10.05 shall apply. Failure by Purchasers to timely deliver a notice pursuant to this Section 10.04 shall be deemed to be an election to irrevocably waive all Environmental Defects other than Environmental Defects not discovered due to Vendor’s breach of its obligation to provide documentation, information or access pursuant to this Agreement.
Purchaser’s Options. If any Disapproved Title Matters that Seller has elected to remove or cure have not been removed at or prior to Closing (as same may be extended pursuant to Section 4.3 hereof), or provision for their removal or cure by Closing has not been made to Purchaser's satisfaction, Purchaser may elect, in its sole discretion: (a) (subject to satisfaction of the other conditions to Closing) to close the purchase of the Property and take title to the Property subject to any Disapproved Title Matters that have not been cured or removed at or before Closing, or (b) to terminate this Agreement, in which event the Deposit shall be returned to Purchaser.