Extension of Date of Closing Sample Clauses

Extension of Date of Closing. If closing cannot occur by the date of closing due to Consumer 114 Financial Protection Bureau (CFPB) delivery requirements, the date of closing shall be extended for the 115 period necessary to satisfy CFPB delivery requirements, not to exceed 10 days. If extreme weather, act 116 of God, act of terrorism or war ("force majeure") prevents any obligation under this Agreement from 117 being performed or causes the unavailability of insurance, all time periods, including the date of closing, 118 will be extended for the period of time that any of the above prevents performance of any obligation 119 under this Agreement, but in no event more than 5 days after restoration of services essential to the 120 closing process and availability of applicable insurance. If force majeure prevents performance of any 121 obligation under this Agreement for more than 30 days beyond the date of closing, BUYER or SELLER 122 may terminate this Agreement by delivering written notice to the other party. 123 If title evidence or survey reveals any defects which render title unmarketable, or if the Property is not in 124 compliance with governmental regulations/permitting, BUYER or closing agent will have 5 days from 125 receipt of title commitment, survey or written evidence of any permitting/regulatory issue to notify 126 SELLER in writing of such defects. SELLER agrees to use reasonable diligence to cure such defects at 127 SELLER's expense and will have 30 days to do so, in which event this transaction will be closed within 128 10 days after delivery to BUYER of evidence that such defects have been cured but not sooner than the 129 date of closing. SELLER agrees to pay for and discharge all due and delinquent taxes, liens and other 130 monetary encumbrances unless otherwise agreed in writing. If SELLER is unable to convey marketable 131 title, or to cure permitting/regulatory compliance issues, BUYER will have the right to either terminate 132 this Agreement or to accept the Property as SELLER is able to convey, and to close this transaction 133 upon the terms stated herein, which election must be exercised within 10 days after BUYER’s receipt of 134 SELLER’s written notice of SELLER’s inability to cure. 135 4. TITLE EVIDENCE / MUNICIPAL LIEN SEARCH: 136 (A) TITLE EVIDENCE: At least days before date of closing (10 days if left blank), the party paying 137 for the title insurance shall cause the title agent to issue a title insurance commitment for an owner’s 138 policy in the ...
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Extension of Date of Closing. The Date of Closing shall be August 29, 2000, unless Buyer and Seller shall otherwise agree in writing.
Sample 1
Extension of Date of Closing. Section 3 of the Agreement is hereby amended to change the Date of Closing to February 28, 1997.
Sample 1

Related to Extension of Date of Closing

  • Extension of Closing Date 54 (a) If Paragraph 8(b) is checked and Closing funds from Buyer’s lender(s) are not available on Closing Date due 55 to Consumer Financial Protection Bureau Closing Disclosure delivery requirements (“CFPB Requirements”), 56 then Closing Date shall be extended for such period necessary to satisfy CFPB Requirements, provided such 57 period shall not exceed 10 days.

  • Expiration and Extension of the Offer The Offer shall initially be scheduled to expire at one minute after 11:59 p.m. (New York City time) on the twentieth business day (calculated as set forth in Rule 14d-1(g)(3) and Rule 14e-1(a) under the Exchange Act) following the Offer Commencement Date (the initial expiration date, or such subsequent date to which the expiration of the Offer is extended pursuant to and in accordance with the terms of this Agreement, the “Expiration Date”). Notwithstanding the foregoing, unless this Agreement has been terminated in accordance with Article VII (and subject to the Company’s and Parent’s respective rights to terminate this Agreement in accordance with Article VII), (i) Merger Sub shall extend the Offer and the Expiration Date for any period required by the Securities Laws, the interpretations and positions of the SEC and its staff with respect thereto or the rules and regulations of NASDAQ applicable to the Offer or as may be required by any other Governmental Authority, and (ii) if at any scheduled Expiration Date the Tender Offer Conditions shall not have been satisfied or earlier waived by Parent or Merger Sub, Merger Sub shall (and shall be permitted to) extend the Offer and the Expiration Date on one or more occasions, in consecutive increments, up to ten (10) Business Days each after such previously scheduled Expiration Date (or such longer period as Parent and the Company may agree) to permit such Tender Offer Condition to be satisfied; provided, that if, as of the then-scheduled Expiration Date, the sole unsatisfied Tender Offer Condition (other than those conditions that by their nature are to be satisfied at the Acceptance Time and the condition with respect to the delivery of certificates referenced in paragraph (5) of Exhibit A) is the Minimum Condition, Merger Sub shall only be required (but shall have the right in its sole discretion) to extend the Offer and the Expiration Date for a single period equal to the shorter of (A) twenty (20) Business Days and (B) the number of Business Days remaining prior to the Outside Date; provided, further, that Merger Sub shall in no event be required to extend the Offer and the Expiration Date to a date later than the earlier to occur of the termination of this Agreement in accordance with to Article VII and the Outside Date.

  • Option Closing Date Opinion of Counsel On the Option Closing Date, if any, the Representative shall have received the favorable opinion of counsel listed in Section 4.2.1, dated the Option Closing Date, addressed to the Representative and in form and substance reasonably satisfactory to the Representative, confirming as of the Option Closing Date, the statements made by such counsel in its opinion delivered on the Closing Date.

  • EFFECTIVE DATE OF CONTRACT This contract shall not become effective until and unless approved by the City of Nashua.

  • Notice and Date of Termination (a) Any termination of the Executive’s employment by the Company or by the Executive shall be communicated by a written notice of termination to the other party (the “Notice of Termination”). Where applicable, the Notice of Termination shall indicate the specific termination provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Executive’s employment under the provision so indicated. Unless the Board or a committee thereof, in writing, provides a longer notice period, a Notice of Termination by the Executive alleging a termination for Good Reason must be made within one hundred eighty (180) days of the act or failure to act that the Executive alleges to constitute Good Reason.

  • Effective Date of the Agreement The date indicated in the Agreement on which it becomes effective, but if no such date is indicated, it means the date on which the Agreement is signed and delivered by the last of the two parties to sign and deliver.

  • Extension of Lease Term The Term of the Lease is hereby extended, pursuant to all of the terms and conditions of the Lease as amended, for an additional period of forty-two (42) months, ending on August 31, 2022 (the “First Extended Term”).

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