Waiver of Conditions to Closing. If any condition to proceed with the Closing hereunder set forth in this Article 7 has not been satisfied as of the Closing Date or other applicable date, then the party or parties for whom such condition exists may nevertheless proceed to Closing, notwithstanding the non-satisfaction of such condition, in which event such party or parties shall be conclusively deemed to have waived any such condition.
Appears in 3 contracts
Samples: Redemption and Distribution Agreement (Parkway Properties Inc), Membership Interest Purchase Agreement (Parkway Properties Inc), Redemption and Liquidation Option Agreement (Thomas Properties Group Inc)
Waiver of Conditions to Closing. If any condition to proceed with the Closing hereunder set forth in this Article 7 6 has not been satisfied as of the Closing Date or other applicable date, then the party or parties for whom such condition exists may nevertheless proceed to Closing, notwithstanding the non-satisfaction of such condition, in which event such party or parties shall be conclusively deemed to have waived any such condition.
Appears in 1 contract
Samples: Distribution Option Agreement (Thomas Properties Group Inc)
