Contingencies definition
Examples of Contingencies in a sentence
The Donee shall use good faith and commercially reasonable business efforts to cause the satisfaction of the Closing Contingencies.
The Parties intend to close escrow within Twenty (20) business days following the Buyer’s Contingencies, (defined in Section 13) provided that (a) all contingencies described in this Agreement have been satisfied, and (b) all of Buyer’s and Seller’s conditions to closing (described in Sections 11, 12, 13 and 15) have been satisfied or waived by the applicable Party, unless this Agreement is terminated pursuant to the terms hereof or extended by mutual agreement of the Parties.
If the Closing Contingencies have not been satisfied and the Closing has not occurred by December 31, 2026, the Donor may terminate this Agreement by providing written notice to Donee and the parties shall have no further obligations hereunder.
The maximum amount that can be paid by the SCSC to the Contractor under this Contract shall be [Contract Amount with Contingencies] ($) unless the Contract is amended in writing under the provisions of this Contract.
The obligations of the Donor to convey the Property and the Donee to purchase the Property under this Agreement shall be conditioned upon the material satisfaction of the Closing Contingencies.