Additional Contingencies. If by reason of the adoption after the Effective Date of any applicable law, treaty, rule or regulation, or any interpretation or administration after the Effective Date of any applicable law, treaty, rule or regulation by any governmental authority charged with the interpretation or administration thereof, or compliance by any Bank with any request or directive of such authority (whether or not having the force of law), the ability of the Agent to establish the Prime Rate shall be limited or restricted (other than by limitations or restrictions affecting the charging of interest generally), the Agent shall promptly provide notice thereof to the Borrowers and the Banks. Thereafter, the Company, the Agent and the Banks shall negotiate with a view to agreeing to a mutually acceptable alternative basis to make and maintain Floating Rate Loans. If an alternative basis is agreed upon within 30 days after the date of such notice, it shall apply in accordance with the terms of such agreement. If such alternative basis is not agreed upon within such 30-day period, the Borrowers shall on the 31st day after such notice is given repay in full the then-outstanding principal amount of each Floating Rate Loan so affected together with accrued interest thereon (computed at the rate applicable to such Floating Rate Loans immediately preceding the imposition of such limitations or restrictions for the period after such imposition) and, during the continuance of such circumstances, the Borrowers shall not be entitled to request Floating Rate Loans so affected pursuant to Section 3.1 or continuations of or conversions to Floating Rate Loans so affected pursuant to Section 3.5.
Additional Contingencies. This Agreement is contingent upon (i) Buyer’s obtaining a commitment for financing in an amount and upon terms satisfactory to Buyer in its sole discretion; and (ii) Buyer's obtaining any required governmental permits, approvals or consents relating to the operation of the Business.
Additional Contingencies. (a) Subject to the terms of Section 3.4(b) below, Purchaser shall have an additional ninety (90) days after the expiration of the Inspection Period (the “Design Approval Period”) solely to obtain preliminary design approval of the proposed parking garage from the Las Colinas Association (the “Design Approval”). Purchaser represents that it will use commercially reasonable efforts to obtain the Design Approval, will propose a design that is substantially consistent with the previous design submitted by Seller and Purchaser will submit its proposed design for approval within forty-five (45) days of the Effective Date. Seller shall timely execute any instruments reasonably necessary in connection with the processing of any such approvals. Subject to the terms of this Agreement, Purchaser agrees that all other aspects of the Property and Property Documents are deemed approved by Purchaser as of the expiration of the Inspection Period and Purchaser shall have no right to terminate this Agreement during the Design Approval Period as a result of the condition of the Property or Property Documents. Exhibit 10.1
Additional Contingencies. Buyer's obligation to purchase the Property is subject to Buyer's satisfaction or waiver, in writing, of the following conditions precedent, in Buyer's sole and absolute discretion, on or before the dates described below:
Additional Contingencies. This Agreement is further contingent on Purchaser’s ability to enter in an acceptable agreement within thirty (30) days of the Effective Date to purchase the properties located at 000 X. Xxxx Xxxxxx, Xxxxxxx, Xxxxxxxx (PIN 00-00-000-000) and the 000 X. Xxxx Xxxxxx, Xxxxxxx, Xxxxxxxx (PIN 00-00-000-000).
Additional Contingencies. This Contract is further contingent upon: _____________________________________________________________________________ _____________________________________________________________________________ _____________________________________________________________________________ _____________________________________________________________________________
Additional Contingencies. 1. Buyer must be able to obtain the first right of refusal to buy the property during the term of the lease. 2. Seller must provide financial information for the last 2 years, buyer must be satisfied with the information.
Additional Contingencies. 17 5.5 Indemnification. . . . . . . . . . . . . . . . . . . . . . . .18 5.6
Additional Contingencies. A. All improvements and personal property that are owned by the owner and that are presently located on the property, excepting Recreational vehicles trailers, mobile homes and other items owned by tenants as personal property will be conveyed to buyer at closing. B. Seller will assign all existing and valid rental or lease contracts, etc., in force with tenants to Buyer at closing. C. Sellers will assign all rental, xxxxx, xxxntenance etc. fees collected from tenants and other such persons, after March 31, 2001. ADDITIONAL CONTINGENCIES continues:
Additional Contingencies. Buyer’s obligation to purchase the Property shall be contingent upon the satisfaction of the following additional contingencies:
