Adjournment of Closing. (a) At the request of either Purchaser or Seller, the Closing shall be adjourned for up to ninety (90) days until all objections with respect to the Property set forth in the Diligence Notice have been cured or remedied.
Adjournment of Closing. In the event any Other PSA Closing is adjourned pursuant to Section 3.4(c), Section 3.6, Article VIII or for any reason, the Closing under this Agreement shall be adjourned for the same period of time.
Adjournment of Closing. 17 SECTION 4. CONDITIONS TO PURCHASER'S OBLIGATION TO CLOSE.................17
Adjournment of Closing. Notwithstanding anything to the contrary in Section 8.1, the Scheduled Closing Date may be postponed by either party by notice to the other party for a number of days set forth in the notice in order to satisfy a condition to Closing or for any other reason, provided, however, that the aggregate number of days of such adjournment by a party shall not exceed fifteen (15) days from the original Scheduled Closing Date. In the event that Buyer seeks to adjourn for a period or periods in aggregate exceeding such fifteen (15) days, Buyer shall not be entitled to such longer adjournment unless it deposits, as an addition to the total Deposit, the total of One Million Dollars ($1,000,000) plus an amount equal to interest on the full Purchase Price at the rate of six percent (6%) per annum for the period of the adjournment. The amount equal to interest shall be deemed an increase in, and not a credit against, the Purchase Price. In no event shall Buyer be entitled to adjourn the Closing to a date later than thirty (30) days after the original Scheduled Closing Date.
Adjournment of Closing. The closing may be adjourned to another time but only upon Buyer's and Seller's mutual written consent.
Adjournment of Closing. 13 REPRESENTATIONS AND WARRANTIES OF SELLER
Adjournment of Closing. Notwithstanding anything to the contrary set forth in Section 3.1, the Purchaser, in its sole discretion, shall be entitled to one reasonable postponement of the Closing based upon such factors as Purchaser considers appropriate. REPRESENTATIONS AND WARRANTIES OF SELLER Seller represents and warrants to Purchaser as follows:
Adjournment of Closing. Notwithstanding anything to the contrary in Section 7.1, the Scheduled Closing Date may be postponed by either party by notice to the other party for a number of days set forth in the notice in order to satisfy a condition to Closing or for any other reason, provided, however, that the aggregate number of days of such adjournment by a party shall not exceed ten (10) days from the original Scheduled Closing Date. In the event that Buyer seeks to adjourn for a period or periods in aggregate exceeding such ten (10) days, Buyer shall not be entitled to such longer adjournment unless it deposits, as an addition to the Deposit, the total of One Million Four Hundred Thousand Dollars ($1,400,000) plus an amount equal to interest on the full Purchase Price at the rate of eight percent (8%) per annum for the period of the adjournment, (except that Buyer shall not be obligated to make either such payment if an extension is allowed to enable the Buyer to cure a title objection or a survey objection). The amount equal to interest shall be deemed an increase in, and not a credit against, the Purchase Price. In no event shall Buyer be entitled to adjourn the Closing to a date later than thirty (30) days after the original Scheduled Closing Date.
Adjournment of Closing. 8.4.1 All actions, deliveries and proceedings to take place at Closing as set out in clauses 8.2 and shall be deemed to take place simultaneously (to the extent practically possible), and shall be mutually conditional upon each other. Each Party may (in addition to and without prejudice to all other rights and remedies available to it) revoke any actions, deliveries and proceedings taken by it under clauses 8.2 and 8.3 (as applicable), and demand reversal of the same until the other Party has performed all of its obligations thereunder.
Adjournment of Closing. If prior to the Closing, (a) the GDC Owners shall become aware (whether through its own efforts, by notice from ARA, AII or otherwise) that any of the representations or warranties made herein by ARA, AII, the ARA Companies or the AII Companies are untrue, inaccurate or incorrect and shall give ARA notice thereof at or prior to the Closing, or (ii) ARA or AII shall notify the GDC Owners that a representation or warranty made herein by ARA, AII, the ARA Companies or the AII Companies is untrue, inaccurate or incorrect, then, if such untrue, inaccurate or incorrect representation or warranty is capable of being cured, ARA and AII shall use their respective commerically reasonable efforts to cure or correct such untrue, inaccurate or incorrect representation or warranty. If any of the representations or warranties of ARA, AII, the ARA Companies or the AII Companies made herein require supplementation in order to be made as of the Closing Date, ARA shall promptly advise the GDC Owners of any such additional information to supplement such representations and warranties, it being understood and agreed that the delivery of such information shall not in any manner constitute a waiver by the GDC Owners of any of the conditions precedent to the Closing hereunder; provided, however, that in determining whether there is a breach of any representation or warranty of ARA, AII, the ARA Companies or the AII Companies for purposes of the indemnification to be provided by them pursuant to Article XIV, such representation or warranty shall not be qualified by any information provided pursuant to this Section 12.03.
