Examples of Second Outside Date in a sentence
This Agreement shall terminate if the Phase 1 Closing does not take place by the First Outside Date, the Phase 2 Closing does not take place by the Second Outside Date, or the Phase 3 Closing does not take place by the Third Outside Date.
In the event that the Redeveloper is, for any reason, not able to proceed to the Phase 2 Closing by the Second Outside Date, the Redeveloper shall, no later than seven (7) days after the Second Outside Date, transfer the New Town Parcel to the Town at no cost to the Town.
As used in this Agreement, the term “ Outside Date ” shall mean the Initial Outside Date, unless extended pursuant to the foregoing sentence, in which case the term “Outside Date” shall mean the Second Outside Date.
If Landlord has not Substantially Completed Landlord’s Work on or before the First Outside Date (defined below), Tenant shall be entitled to a credit against Tenant’s obligation to pay Base Rent following the Phase II Rent Commencement Date equal to one (1) day for each day between the First Outside Date and the earlier to occur of the Second Outside Date (defined below) or the Substantial Completion of Landlord’s Work.
Xxxxxxx will notify the Client in the event of an increase in any legally permissible fee, charge or interest rate, in accordance with this Agreement.