TIME FOR CLOSING; TERMINATION DATE Sample Clauses

TIME FOR CLOSING; TERMINATION DATE. This sale shall be closed in the office of the Closing Agent within five (5) working days after all of Buyer's conditions precedent have been satisfied or waived by Buyer on a date selected by Buyer and agreeable to Seller. Buyer and Seller shall deposit in escrow with Closing Agent within 24 hours of the Closing date all instruments, documents and monies necessary to complete the sale in accordance with this Agreement. As used herein, "closing" or "date of closing" means the date on which all appropriate documents are recorded and proceeds of sale are available for disbursement to Seller. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition, as available for disbursement to Seller.
Sample 1See All (8)
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TIME FOR CLOSING; TERMINATION DATE. This sale shall be closed in the office of ("Closing Agent") within ( -) days after all of Buyer's conditions precedent have been satisfied or waived by Buyer, but in any event not later than , 200_, which shall be the termination date. Buyer and Seller shall deposit in escrow with Closing Agent all instruments, documents and monies necessary to complete the sale in accordance with this Agreement. As used herein, "closing" or "date of closing" means the date on which all appropriate documents are recorded and proceeds of sale are available for disbursement to Seller. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition, as available for disbursement to Seller. XXXXX & XXXXXXXXXXX, X.X. Law Offices xxx.xxxxxxxxxxxx.xxx Seattle, WA Los Angeles, CA (000) 000-0000 (000) 000-0000 xxxx@xxxxxx.xxx xxx@xxxxxx.xxx
Sample 1Sample 2
TIME FOR CLOSING; TERMINATION DATE. This sale shall be closed in the office of the Closing Agent within five (5) working days after all of Buyer's conditions precedent have been satisfied or waived by Buyer. The actual closing date shall be a date selected by Buyer and agreeable to Sellers. Buyer and Sellers shall deposit in escrow with Closing Agent all instruments, documents and monies necessary to complete the sale in accordance with this Agreement. As used herein, "closing" or "date of closing" means the date on which all appropriate documents are recorded and proceeds of sale are available for disbursement to Sellers. If all of Buyer's conditions have been satisfied or waived and all required instruments have been deposited into escrow with the Closing Agent, Buyer shall use its best efforts to close the sale prior to November 15, 1997. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition, as available for disbursement to Sellers.
Sample 1
TIME FOR CLOSING; TERMINATION DATE. This transaction shall be closed in the office of ____________________ ("Closing Agent") on or before _______________, 20__, which shall be the termination date. Borrower and Xxxxxx shall deposit in escrow with Closing Agent all instruments, documents and monies necessary to complete the transaction in accordance with this Agreement. As used herein, "closing" or "date of closing" means the date on which all appropriate documents are recorded and disbursements made.
Sample 1
TIME FOR CLOSING; TERMINATION DATE. This sale shall be closed in the office of the Closing Agent within ten (10) days after all of Buyer's conditions precedent have been satisfied or waived by Buyer. The actual closing date shall be a date selected by Buyer and agreeable to Seller. Buyer and Seller shall deposit in escrow with Closing Agent all instruments, documents and monies necessary to complete the sale in accordance with this Agreement. As used herein, "closing" or "date of closing" means the date on which all appropriate documents are recorded and proceeds of sale are available for disbursement to Seller. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition, as available for disbursement to Seller. Neither Seller nor Buyer shall be required to close, and the Deposit and all interest thereon shall be returned to Buyer, if any exception or item contained in the preliminary commitment for owner's title insurance is disapproved by Buyer as herein provided and cannot be removed by the date of closing; provided, however, that Buyer may elect to waive any disapproved exceptions or items and close on the remaining terms. Notwithstanding the foregoing, Seller shall remove any defect or encumbrance attaching by, through or under Seller after the Effective Date of this Agreement. Monetary exceptions to be discharged by Seller may be paid out of the purchase price at closing.
Sample 1
TIME FOR CLOSING; TERMINATION DATE. This sale shall be closed in the office of Translation Title Insurance Company in Seattle, Washington ("Closing Agent") within thirty (30) days after issuance of a building permit to Buyer, but in any event, not later than June, 1, 1997, which shall be the termination date. Buyer agrees to apply for a building permit prior to the last to occur of: (i) Seller opening for business, or (ii) February 6, 1997. Buyer and Seller shall deposit in escrow with Closing Agent all instruments, documents and monies necessary to complete the sale in accordance with this Agreement. As used herein, "Closing" or "Closing Date" means the date on which all appropriate documents are recorded, proceeds of sale are available for disbursement to Seller.
Sample 1
TIME FOR CLOSING; TERMINATION DATE. This sale shall be closed in the office of the Closing Agent within six (6) months after all of Buyer's conditions precedent except Section 4.8 have been satisfied or waived by Buyer. During the six (6) months following Buyer's notification to Seller that all of its conditions precedent except Section 4.8 have been satisfied or waived, Seller shall discontinue its operations and dismantle and remove all of its property from the Property site as soon as possible. Thereafter, upon Seller's presentation to Buyer of an environmentally clean site and satisfaction of Section 4.8, the sale shall be closed within fifteen (15) working days on a date mutually agreeable to Buyer and Seller. Buyer and Seller shall deposit in escrow with Closing Agent all instruments, documents and monies necessary to complete the sale in accordance with this Agreement. As used herein, "closing" or "date of closing" means the date on which all appropriate documents are recorded and proceeds of sale are available for disbursement to Seller. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition, as available for disbursement to Seller.
Sample 1
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Related to TIME FOR CLOSING; TERMINATION DATE

  • Closing Termination The closing of the Transaction (the “Closing”) shall be effective between the Parties as of 12:00 p.m. Eastern Daylight Time on January 6, 2006 (the “Closing Date”). However, in the event that the Parties have not satisfied all of the conditions necessary to Close by the Closing Date including, without limitation, the completion, review and approval of the Disclosure Schedule (hereinafter the “Closing Conditions”) then, in such event, either Party may extend the time period for satisfying such Closing Conditions until 4:00 p.m. Eastern Daylight Time, February 28, 2006 (hereinafter the “Extended Time”) with the understanding and agreement that if the Closing Conditions are completed to the mutual satisfaction of the Parties by the Extended Time that this Transaction shall be effective as of the Closing Date. In the event that the Closing Conditions have not been completed to the mutual satisfaction of the Parties by the Extended Time, this Agreement may be terminated by either Party unless the Parties through their respective legal counsel otherwise agree in writing to an additional extension of time not to exceed ten (10) consecutive days beginning on the day immediately following the Extended Time for satisfying such Closing Conditions. The Closing shall be conducted remotely through the exchange of documents via fax or email with original documents exchanged via overnight, next day delivery by a reputable national courier on the Closing Date or, if the time for satisfying the Closing Conditions has been extended to the Extended Time, on the date on which the Extended Time ends. All deliveries made at the Closing shall be deemed to have been made simultaneously except as one delivery must logically be deemed to precede or follow another.

  • Conditions to Closing Termination 25 6.01 Conditions Precedent to Obligation of Buyer.............................25 6.02 Conditions Precedent to Obligation of Sellers...........................27 6.03 Deliveries and Proceedings at Closing...................................28

  • Right to Terminate Following Termination Event Sections 6(b)(ii)-(iv) are deleted in their entirety and replaced by the following:

  • Date of Termination, Etc Date of Termination" shall mean (A) if your employment is terminated for Disability, 30 days after Notice of Termination is given (provided that You shall not have returned to the full-time performance of your duties during such 30-day period), and (B) if your employment is terminated pursuant to Section 3.2 or 3.3 above or for any other reason (other than Disability), the date specified in the Notice of Termination (which, in the case of a termination pursuant to Section 3.2 above shall not be less than 30 days, and in the case of a termination pursuant to Section 3.3 above shall not be less than 15 nor more than 60 days, respectively, from the date the Notice of Termination is given). However, if within 15 days after any Notice of Termination is given, or, if later, prior to the Date of Termination (as determined without regard to this provision), the party receiving the Notice of Termination notifies the other party that a dispute exists concerning the termination, then the Date of Termination shall be the date on which the dispute is finally determined, either by mutual written agreement of the parties, by a binding arbitration award, or by a final judgment, order, or decree of a court of competent jurisdiction (which is not appealable or with respect to which the time for appeal has expired and no appeal has been perfected). The Date of Termination shall be extended by a notice of dispute only if the notice is given in good faith and the party giving the notice pursues the resolution of the dispute with reasonable diligence. Notwithstanding the pendency of any such dispute, the Company will continue to pay You your full compensation in effect when the notice giving rise to the dispute was given (including, but not limited to, base salary) and continue You as a participant in all compensation, benefit, and insurance plans in which You were participating when the notice giving rise to the dispute was given, until the dispute is finally resolved in accordance with this Section. Amounts paid under this Section are in addition to all other amounts due under this Agreement and shall not be offset against or reduce any other amounts due under this Agreement.

  • Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which Borrowers terminate the Revolver Commitments pursuant to Section 2.1.4; or (c) the date on which the Revolver Commitments are terminated pursuant to Section 11.2.

  • Qualifying Terminations Any of the following events resulting in a cessation of the Employee’s employment by the Company during the Covered Employment Term shall constitute a “Qualifying Termination”: (i) discharge by the Company without Cause (as hereinafter defined); or (ii) the Employee’s resignation with Good Reason.

  • Employment Termination Date The Employment Termination Date shall be as follows: (i) if the Executive’s employment is terminated by Executive’s death, the date of Executive’s death; (ii) if the Executive’s employment is terminated pursuant to any other provision of this Agreement, the date specified in the Notice of Termination (the “Employment Termination Date”).

  • Employment Status Termination Following Change in Control (a) No benefits shall be payable under this Agreement unless there has been a Change in Control of the Company during the Term. You acknowledge that this Agreement does not constitute a contract of employment or impose on the Company any obligation to retain you as an employee. You may terminate your employment at any time, with or without Good Reason. If your employment with the Company terminates for any reason and subsequently a Change in Control shall have occurred, you shall not be entitled to any benefits hereunder.

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