Contingencies to Closing. The closing of the transfer of assets and assumption of liabilities by the NEW TA is contingent upon all of the following occurring on terms acceptable to all parties:
Contingencies to Closing. 9.1 The Closing of this transaction is contingent upon the satisfaction or waiver of the following contingencies. IF BUYER FAILS TO NOTIFY ESCROW HOLDER, IN WRITING, OF THE DISAPPROVAL OF ANY OF SAID CONTINGENCIES WITHIN THE TIME SPECIFIED THEREIN, IT SHALL BE CONCLUSIVELY PRESUMED THAT BUYER HAS APPROVED SUCH ITEM, MATTER OR DOCUMENT. Buyer's conditional approval shall constitute disapproval, unless provision is made by the Seller within the time specified therefore by the Buyer in such conditional approval or by this Agreement, whichever is later, for the satisfaction of the condition imposed by the Buyer. Escrow Holder shall promptly provide all Parties with copies of any written disapproval or conditional approval which it receives. With regard to subparagraphs (a) through (l) the pre-printed time periods shall control unless a different number of days is inserted in the spaces provided.
Contingencies to Closing. 6.1 The closing of this transaction is contingent upon the satisfaction or waiver of the follow contingencies:
Contingencies to Closing. The closing of the transfer of assets and assumption of liabilities is contingent upon all of the following occurring on terms acceptable to all parties:
Contingencies to Closing. The Closing of the transactions ------------------------ contemplated by this Agreement is subject to and conditioned on the satisfaction of all the following conditions on or before the Closing Date, unless waived by the appropriate party:
Contingencies to Closing. Buyer shall not be obligated to close until the following contingencies have been satisfied or waived by Buyer:
Contingencies to Closing. The closing of the transfer of assets and assumption of liabilities by the NEW TA is contingent upon all of the following occurring on terms acceptable to all parties: The creation of New TA by Washtenaw County. AATA and New TA obtaining all necessary approvals for the transfer of assets and assumption of obligations and liabilities, including approvals that may be required from federal and state agencies, or other lenders who provided funding for those assets and consents from parties to contracts with AATA. AATA taking such necessary actions by its governing body to terminate its operational agreement with Xxx Arbor effective at closing. In exchange for the mayor’s nomination with council confirmation, of seven directors of New TA’s board, and annual submission to Xxx Arbor of the AATA’s proposed budget and yearly audit and the New TA’s agreement to apprise Xxx Arbor City Council and solicit Council’s advice prior to making major long-term policy actions concerning mass transportation services, Xxx Arbor’s agreement to (i) take such necessary actions by its governing body to terminate its operational agreement with AATA effective at closing;
Contingencies to Closing. 9.1 The Closing of this transaction is contingent upon the satisfaction or waiver of the following contingencies. IF BUYER FAILS TO NOTIFY ESCROW HOLDER, IN WRITING, OF THE DISAPPROVAL OF ANY OF SAID CONTINGENCIES WITHIN THE TIME SPECIFIED THEREIN, IT SHALL BE CONCLUSIVELY PRESUMED THAT BUYER HAS APPROVED SUCH ITEM, MATTER OR DOCUMENT. Buyer's conditional approval shall constitute disapproval, unless provision is made by the Seller within the time specified therefore by the Buyer in such conditional approval or by this Agreement, whichever is later, for the satisfaction of the condition imposed by the Buyer. Escrow Holder shall promptly provide all Parties with copies of any written disapproval or conditional approval which it receives. With regard to subparagraphs (a) more than $10,000.00 to repair or cure, to either terminate this Agreement or to purchase the Property notwithstanding such loss, but without deduction or offset against the Purchase Price. If the cost to repair or cure is more than $10,000.00, and Buyer does not elect to terminate this Agreement, Buyer shall be entitled to any insurance proceeds applicable to such loss. Unless otherwise notified in writing, Escrow Holder shall assume no such destruction, damage or loss has occurred prior to Closing.
Contingencies to Closing. The issuance of the Warrant and the obligations of the City under Article III hereunder are contingent upon the satisfaction of the following conditions on or before the Outside Closing Date:
Contingencies to Closing. Note: The Closing of this transaction is contingent upon the satisfaction or waiver of the following contingencies. All contingencies not accepted, waived, or rejected in writing within the allotted time shall be deemed waived by Xxxxx unless stated otherwise. Buyer Included
