Common use of Conditions to Seller’s Obligation to Close Clause in Contracts

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

Appears in 53 contracts

Samples: Purchase and Sale Agreement (Cornerstone Core Properties REIT, Inc.), Lease Agreement (Senior Housing Properties Trust), Lease Agreement (CommonWealth REIT)

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Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property Properties to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

Appears in 11 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems, Inc), Escrow Agreement (Global Healthcare Reit, Inc.), Purchase and Sale Agreement (Adcare Health Systems, Inc)

Conditions to Seller’s Obligation to Close. The Seller’s obligation of to effect the Seller to convey the Property to the Purchaser is transactions contemplated hereby shall be subject to the satisfaction or waiver on or prior to the Closing Date of all of the following conditions precedent on and as of the Closing Dateconditions:

Appears in 10 contracts

Samples: Agreement for Purchase and Sale (Tc Pipelines Lp), Agreement for Purchase and Sale (Tc Pipelines Lp), Agreement for Purchase and Sale

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property on the Closing Date to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date, any or all of which may be waived by Seller in its sole and absolute discretion:

Appears in 9 contracts

Samples: Purchase and Sale Agreement (Prime Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp), Purchase and Sale Agreement (American General Hospitality Corp)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey transfer, assign, and deliver the Property Acquired Purchase Contracts to the Purchaser Buyer pursuant to this Agreement is subject to the satisfaction (unless waived in writing by Seller) of each of the following conditions precedent on at and as of the Closing Date:Closing.

Appears in 5 contracts

Samples: Purchase Agreement (Trendwest Resorts Inc), 1 Purchase Agreement (Trendwest Resorts Inc), Receivables Purchase Agreement (Trendwest Resorts Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey the Property Properties to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (Five Star Quality Care Inc), Purchase and Sale Agreement (Five Star Quality Care Inc)

Conditions to Seller’s Obligation to Close. The Seller's obligation of to consummate the Seller to convey the Property to the Purchaser Asset Purchase is subject to the satisfaction on or prior to the Closing Date of all of the following conditions precedent on and as of the Closing Dateconditions:

Appears in 4 contracts

Samples: Acquisition Agreement (Emed Technologies Corp), Asset Purchase and Sale Agreement (L 3 Communications Corp), Acquisition Agreement (Emed Technologies Corp)

Conditions to Seller’s Obligation to Close. The Seller’s obligation of to consummate the Seller to convey the Property to the Purchaser Asset Purchase is subject to the satisfaction on or prior to the Closing Date of all of the following conditions precedent on and as of the Closing Dateconditions:

Appears in 4 contracts

Samples: Asset Purchase and Sale Agreement (Laclede Steel Co /De/), Asset Purchase Agreement (On Track Innovations LTD), Asset Purchase Agreement (SuperCom Ltd.)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property and transfer to the Purchaser each of the Properties on the applicable Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the such Closing Date:

Appears in 3 contracts

Samples: Purchase and Sale Agreement (CNL Hospitality Properties Inc), Purchase and Sale Agreement (CNL Hospitality Properties Inc), Purchase and Sale Agreement (CNL Hospitality Properties Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property Properties on the Closing Date to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Life Time Fitness Inc), Purchase and Sale Agreement (Hospitality Properties Trust), Sale and Exchange Agreement (Hospitality Properties Trust)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey and transfer to Purchaser the Property to Properties on the Purchaser Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the Closing Date:

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Sunrise Senior Living Inc), Purchase and Sale Agreement (CNL Retirement Properties Inc), Purchase and Sale Agreement (CNL Retirement Properties Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey close the Property to sale of the Purchaser Purchased Assets is subject to the satisfaction satisfaction, on or before the Closing Date, of the following conditions precedent on and as of the Closing Dateconditions:

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase, Asset Purchase Agreement (Procyon Corp)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey the Property Properties to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property to the Purchaser is close hereunder shall be subject to the satisfaction of the following conditions precedent on and as of the Closing Dateconditions:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Homelife Inc), Asset Purchase Agreement (Homelife Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey each of the Property Properties on the applicable Closing Date to the Purchaser is subject to the satisfaction or waiver of the following conditions precedent on and as of the such Closing Date:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Hospitality Properties Trust), Purchase and Sale Agreement (Hospitality Properties Trust)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property on the Closing Date to the Purchaser Purchasers is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

Appears in 2 contracts

Samples: Assignment and Sale Agreement (Beckman Coulter Inc), Purchase and Sale Agreement (Beckman Coulter Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property and transfer to the Purchaser the Property on the applicable Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the such Closing Date:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (CNL Health Care Properties Inc), Purchase and Sale Agreement (CNL Health Care Properties Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey and transfer to Purchaser the Property to on the Purchaser Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the Closing Date:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Sunrise Senior Living Inc), Purchase and Sale Agreement (Sunrise Senior Living Inc)

Conditions to Seller’s Obligation to Close. The obligation obligations of the Seller to convey the Property to the Purchaser is Close shall be subject to the satisfaction of the following conditions precedent on and as of the Closing Dateconditions:

Appears in 2 contracts

Samples: Asset Purchase Agreement (American Precision Industries Inc), Asset Purchase Agreement (Datron Systems Inc/De)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property assign and transfer to the Purchaser the Ownership Interest on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Hospitality Properties Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey and transfer to Purchaser the Property to Properties on the Purchaser Closing Date is subject to the satisfaction or written waiver of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Retirement Properties Inc)

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Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property Properties on the Closing Date to the Purchaser is subject to the satisfaction or waiver of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Intercontinental Hotels Group PLC /New/)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property and transfer to the Purchaser the Property on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Hospitality Properties Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey the Property Properties on the Closing Date to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Brookdale Senior Living Inc.)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey and transfer to Purchaser the Property to Interests on the Purchaser Closing Date is subject to the satisfaction or written waiver of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Interest Purchase and Sale Agreement (Legacy Healthcare Properties Trust Inc.)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property assign and transfer to the Purchaser the Ownership Interests in the Owner of each of the Properties on the applicable Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the such Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Hospitality Properties Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey and transfer to Purchaser the Property to Properties on the Purchaser Applicable Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the Applicable Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Retirement Properties Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey and transfer the Property to Purchaser on the Purchaser Closing Date is subject to the satisfaction or waiver, in writing, of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Marriott International Inc /Md/)

Conditions to Seller’s Obligation to Close. The Seller's obligation of to consummate the Seller to convey the Property to the Purchaser Acquisition is subject to the satisfaction on or prior to the Closing Date of all of the following conditions precedent on and as of the Closing Dateconditions:

Appears in 1 contract

Samples: Stock Purchase Agreement (Advanced Digital Information Corp)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property Premises on the Closing Date to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the such Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Vasomedical Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey and transfer to Purchaser the Property to Properties on the Purchaser Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Retirement Properties Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller Sellers to convey the Property Properties to the Purchaser is is, unless waived by Sellers, subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey the Property Properties on the Closing Date to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date, which Purchaser covenants to use commercially reasonable efforts to fulfill:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Equity Inns Inc)

Conditions to Seller’s Obligation to Close. The obligation of the Seller to convey consummate the Property to Transaction on the Purchaser Closing Date is subject to the satisfaction or waiver of the following conditions precedent on and as of the Closing Date:

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Ashford Hospitality Prime, Inc.)

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