Seller’s Condition Precedent to Closing Sample Clauses

Seller’s Condition Precedent to Closing. Seller shall be released from liability under the Mortgage and Note by written instrument in the form of the Release incorporated in the Assumption Agreement or otherwise in a form reasonably satisfactory to Seller or by satisfaction of the Mortgage and cancellation of the Note.
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Seller’s Condition Precedent to Closing. The Closing and the Seller's obligations hereunder and with respect thereto are expressly contingent and conditional upon the fulfillment, compliance, satisfaction and performance of each of the following conditions prior thereto; any one or more of which may be waived or deferred in whole or in part, but only in writing, by the Seller at its option and sole discretion.
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Seller’s Condition Precedent to Closing. Purchaser acknowledges and agrees that as of the Effective Date, Seller has disbursed to Richmond 400, Ltd. (L.P.) (“R400”), an affiliate of Purchaser, a portion of an option price (the “Paid Option Price”) as consideration for Seller’s option to ground lease and lease certain portions of property located at 000 Xxxxxxx Xxxxx Road, Atlanta, Georgia 30342 (the “975 Property”), and for a right of first refusal to purchase certain portions of the 975 Property (collectively, the “Option and RFF”), all as set forth in that certain Agreement to Enter into Option dated as of February 29, 2008, as amended by First Amendment thereto dated as of June 10, 2008. On or before Closing, Purchaser agrees to cause R400 to deliver to Seller (i) a guaranty from the REIT, or in the event the IPO does not close, another party acceptable to Seller, for the full and prompt repayment to Seller in the amount of the Paid Option Price in the event that R400’s lender forecloses on any or all of the R400 Property and extinguishes Seller’s Option and RFF, and (ii) a fully executed copy of the Agreement to Enter into Option and the First Amendment thereto. In the event any of the foregoing conditions precedent is not satisfied on or before Closing, unless Purchaser and Seller agree otherwise in writing, this Agreement shall terminate, the Escrow Agent shall disburse the Xxxxxxx Money to Seller (including any interest earned thereon), and neither party shall have any further obligations hereunder, except for Purchaser’s Indemnity Obligations and other provisions of this Agreement which by their terms are to survive a termination of this Agreement.
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Seller’s Condition Precedent to Closing. The obligation of Seller to consummate this Agreement and to perform hereunder at Closing, in any respect, is subject to and conditional upon the satisfaction, at or prior to the Closing Date, of each and every one of the following conditions precedent.
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Seller’s Condition Precedent to Closing. (a) As of the Closing, Buyer shall have complied with all of Buyer’s duties and obligations contained in this Agreement.
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Seller’s Condition Precedent to Closing. The obligations of Seller to consummate the transaction contemplated by this Agreement is subject to the condition precedent that Lender shall have consented to the assumption of the Loan by Buyer and Lender shall be willing to release any existing guarantor(s) of the Loan from obligations under the Loan Documents for matters first arising from and after the Close of Escrow.
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Related to Seller’s Condition Precedent to Closing

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • Conditions Precedent to Closing The Local Church and Annual Conference acknowledge and agree that the obligations of the parties to effectuate the Closing on or about the Disaffiliation Date are expressly contingent and conditional on the following:

  • Purchaser’s Conditions to Closing The obligations of the Purchaser under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • CONDITIONS PRECEDENT TO BUYER'S OBLIGATION TO CLOSE Buyer's obligation to purchase the Shares and to take the other actions required to be taken by Buyer at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Buyer, in whole or in part):

  • Seller’s Conditions to Closing The obligations of the Seller under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE Purchaser’s obligation to purchase the Assets and to take the other actions required to be taken by Purchaser at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Purchaser, in whole or in part, in writing):

  • CONDITIONS PRECEDENT TO SELLER'S OBLIGATION TO CLOSE Sellers' obligation to sell the Shares and to take the other actions required to be taken by Sellers at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Sellers, in whole or in part):

  • Seller’s Conditions Precedent The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Purchaser’s Conditions Precedent Except as may be waived in writing by Purchaser, the obligations of Purchaser hereunder are subject to the fulfillment at or prior to the Closing of each of the following conditions:

  • Buyer’s Conditions to Closing The obligation of Buyer to consummate the Closing is subject to the fulfillment of each of the following conditions (except to the extent waived in writing by Buyer in its sole discretion):

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