Conditions to Closing and Closing Date Sample Clauses

Conditions to Closing and Closing Date. Seller acknowledges and agrees that Buyer’s receipt of the Zoning confirmation Letter reasonably acceptable to Buyer shall be a condition precedent to Buyer’s obligation to proceed to Closing, which Buyer may waive in its sole discretion. In the event Buyer does not obtain the Zoning Confirmation Letter before 5:00 p.m. Pacific Time on October 3, 2014 (“October Contingency Deadline”), Buyer may, by notice given to Seller before the October Contingency Deadline, elect (i) to waive said condition and proceed with the Closing, or (ii) to terminate the Sale Agreement and receive a refund of the Deposit. In addition to the foregoing, Buyer acknowledges that the conditions to Closing in Section 30(a) and 30(b) of the Sale Agreement have not been met as of the date of this Amendment. In the event the conditions to Closing in Section 30(a) and 30(b) of the Sale Agreement are not satisfied before the October Contingency Deadline, Buyer may, by notice given to Seller before the October Contingency Deadline, elect (i) to waive said conditions and proceed with the Closing, or (ii) to terminate the Sale Agreement and receive a refund of the Deposit. Notwithstanding anything to the contrary contained in the Sale Agreement, the Closing Date shall be the earlier of (y) four (4) business days after the date on which Buyer notifies Seller and Escrow Holder that the conditions to Closing set forth above have been met, or (z) October 9, 2014. Notwithstanding the forgoing, in the event the conditions to Closing set forth above have not been met before the October Contingency Deadline, then Buyer shall have the one time right, by delivering written notice to Seller and Escrow Holder before the October Contingency Deadline, to extend both the October Contingency Deadline to 5:00 p.m. on October 10, 2014, and the date set forth in clause (Z) above, to October 16, 2014; and in the event of such extension, “October Contingency Deadline” means the October Contingency Deadline as so extended.
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Conditions to Closing and Closing Date. The obligation of Purchaser to purchase the Interests is conditioned upon the Company, a wholly-owned subsidiary of Purchaser, securing and consummating an operating lease (“Lease”) for its Willow Pointe facility located in Lonoke, Arkansas having terms satisfactory to Purchaser (the “Closing Condition”). Closing of the purchase and sale of the Interests shall occur by mutual agreement of Sellers and Purchaser no later than five (5) business days following the satisfaction of the Closing Condition. If the Closing Condition is not satisfied on or before September 24, 2016, (the “TermPination Date”) this Agreement shall terminate and the rights and obligations of the parties under this Agreement shall be null and void.
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Conditions to Closing and Closing Date 
Sample 1

Related to Conditions to Closing and Closing Date

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

  • Closing Conditions to Closing The Lender will not be obligated to make the initial Loans or to obtain any Letters of Credit on the Closing Date, unless the following conditions precedent have been satisfied in a manner satisfactory to Lender:

  • Conditions to Closing Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at the Closing, of the following conditions:

  • Conditions to Closings Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at the Closing, of the following conditions:

  • CONDITIONS TO CLOSING OF COMPANY The Company's obligation to sell and issue the Shares at the Closing is, at the option of the Company, subject to the fulfillment or waiver of the following conditions:

  • Conditions to Closing of the Investors Each Investor’s obligations at the Closing are subject to the fulfillment, on or prior to the Closing Date, of all of the following conditions, any of which may be waived in whole or in part by all of the Investors:

  • Conditions to Closing of the Company The Company’s obligation to sell the Securities at the Closing is subject to the fulfillment to its satisfaction on or prior to the Closing Date of each of the following conditions:

  • 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:

  • 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 to the Closing Date The obligations of each Bank to make the Loans contemplated by subsections 2.1 and 2.2 and of the Issuing Bank to issue Letters of Credit contemplated by subsection 3.1 shall be subject to the compliance by the Company with its agreements herein contained and to the satisfaction, on or before October 1, 2004, of the following conditions:

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