Common use of Purchaser’s Right to Terminate Clause in Contracts

Purchaser’s Right to Terminate. Notwithstanding any provision contained herein, in addition to its right to terminate this Agreement as set forth in Section 2.01(d), if (a) Purchaser determines, in its sole discretion, that any Property is not satisfactory, and Purchaser provides written notice thereof to Seller on or before expiration of the Inspection Period, or (b) Purchaser and Lessee are unable to agree upon the terms and conditions of the Lease Agreement as provided in Section 1.03 on or before the Closing Date, or (c) Purchaser fails to obtain the approval of the Transaction from Purchaser’s Investment Committee, and in any such event, Purchaser provides written notice thereof to Seller on or before expiration of the Inspection Period, or Purchaser fails to obtain the approval of any material change to the terms of the Transaction from Purchaser’s Investment Committee prior to Closing, then Purchaser shall have the option to terminate this Agreement in which event neither Seller nor Purchaser shall have any further duties or obligations under this Agreement except as otherwise provided herein (including without limitation, the payment of Transaction Costs and the other expenses as set forth in Section 1.05).

Purchaser’s Right to Terminate. Notwithstanding any provision contained herein, in addition to its right to terminate this Agreement as set forth in Section 2.01(d), if (a) Purchaser determines, in its sole discretion, that any Property is not satisfactory, and Purchaser provides written notice thereof to Seller on or before expiration of the Inspection Period, or (b) Purchaser and Lessee are unable to agree upon the terms and conditions of the Lease Agreement as provided in Section 1.03 on or before the Closing DateLoan Documents, or (c) Purchaser fails to obtain the approval of the Transaction from Purchaser’s Investment Committee, and in any such event, Purchaser provides written notice thereof to Seller on or before expiration of the Inspection Period, or Purchaser fails to obtain the approval of any material change to the terms of the Transaction from Purchaser’s 's Investment Committee prior to Closing, then Purchaser shall have the option to (i) terminate this Agreement Agreement, in which event neither Seller nor Purchaser shall party will have any further duties obligations or liability hereunder, except for those obligations under this Agreement except as otherwise provided herein expressly stated to survive such termination, or (including without limitationii) remove the applicable Property or Properties from the Properties to be conveyed hereunder, with an appropriate adjustment to the payment of Transaction Costs Purchase Price, and proceed to close with respect to the other expenses as set forth in Section 1.05)remaining Properties.

Purchaser’s Right to Terminate. Notwithstanding any provision contained herein, in addition to its right to terminate this Agreement as set forth in Section 2.01(d), if (a) Purchaser determines, in its sole discretion, that any the Property is not satisfactory, and Purchaser provides written notice thereof to Seller on or before expiration of the Inspection Period, or (b) Purchaser and Lessee are unable to agree upon the terms and conditions of the Lease Agreement as provided in Section 1.03 on or before the Closing Date1.03, or (c) Purchaser fails to obtain the approval of the Transaction from Purchaser’s Investment Committee, and in any such event, Purchaser provides written notice thereof to Seller on or before expiration of the Inspection Period, or Purchaser fails to obtain the approval of any material change to the terms of the Transaction from Purchaser’s Investment Committee prior to Closing, or (d) Sellers fails to obtain the Ground Lease Consents or Purchaser, Seller and Ground Landlord are unable to agree upon the terms and conditions of the Ground Lease Documents as provided in Section 1.07, then Purchaser shall have the option to terminate this Agreement Agreement, in which event the Xxxxxxx Money Deposit shall be promptly returned to Purchaser and neither Seller nor Purchaser shall party will have any further duties obligations or liability hereunder, except for those obligations under this Agreement except as otherwise provided herein (including without limitation, the payment of Transaction Costs and the other expenses as set forth in Section 1.05)expressly stated to survive such termination.

Purchaser’s Right to Terminate. Notwithstanding any provision contained herein, in addition to its right to terminate this Agreement as set forth in Section 2.01(d), if (a) Purchaser determines, in its sole discretion, that any the Property is not satisfactory, and Purchaser provides written notice thereof to Seller on or before expiration of the Inspection Period, or (b) Purchaser and Lessee are unable to agree upon the terms and conditions of the Lease Agreement as provided in Section 1.03 on or before the Closing Date1.03, or (c) Purchaser fails to obtain the approval of the Transaction from Purchaser’s Investment Committee, and in any such event, Purchaser provides written notice thereof to Seller on or before expiration of the Inspection Period, or (d) Purchaser fails to obtain the approval of any material change to the terms of the Transaction from Purchaser’s Investment Committee prior to Closing, then Purchaser shall have the option to terminate this Agreement Agreement, in which event neither Seller nor Purchaser shall party will have any further duties obligations or liability hereunder, except for those obligations under this Agreement except as otherwise provided herein (including without limitation, the payment of Transaction Costs and the other expenses as set forth in Section 1.05).expressly stated to survive such termination. ​