Approval Notice. Buyer’s notice delivered to Seller (if at all) under Section 4(l) of the Agreement.
Approval Notice. All sick leave shall be approved by the designated Department representatives. Employees who do not become ill on the job shall call in as required by Department policy before the beginning of their shift when using sick leave.
Approval Notice. Buyer shall have timely given the Approval Notice to Seller in accordance with the provisions of Section 6.7.
Approval Notice. Notwithstanding any timing or notification requirements set forth in the Purchase Agreement, this Addendum, upon full execution and delivery hereof by Buyer and Seller, shall be deemed Buyer’s delivery of an “Approval Notice” to Seller under Article 4 Section G. of the Purchase Agreement, constituting Buyer’s election to proceed with the purchase of the Property in accordance with the terms of the Purchase Agreement.
Approval Notice. This Amendment constitutes Buyer’s Approval Notice under Section 4(c) of the Purchase Agreement and shall be deemed properly delivered and accepted upon its execution and delivery by Seller and Buyer. Buyer has no further right to terminate the Purchase Agreement pursuant to Section 4(c) of the Purchase Agreement, and the Deposit is non-refundable to Buyer except as otherwise expressly provided in the Purchase Agreement.
Approval Notice. Bxxxx’s execution and delivery of this Amendment shall be deemed to be Buyer’s delivery of the Approval Notice as set forth in Section 3(A) of the Purchase Agreement.
Approval Notice. After it has received an Approval Request and any reasonably requested Additional Loan Information, the Administrative Agent shall either deliver an Approval Notice in relation to such Loan, or notify the Servicer in writing that no Approval Notice will be given in relation to such Loan.
Approval Notice. In the event that Buyer provides Seller with written notice on or before the expiration of the Due Diligence Period that Buyer has determined to proceed with the purchase transaction, Buyer shall deliver written notice to Seller (the “Approval Notice”), and shall deliver the Additional Xxxxxxx Money to Escrow Agent. In the event Buyer fails to deliver the Approval Notice, then Buyer will be deemed to have terminated this Agreement, this Agreement shall terminate, the Initial Xxxxxxx Money shall be returned to Buyer, Buyer shall return to Seller all documents provided by Seller with respect to the Property, and no party hereto shall have any further liability to the others hereunder, other than Buyer’s repair and indemnity obligations set forth in Section 7.2(a) and Buyer’s document return obligations set forth in this Section 7.2(b). Buyer hereby acknowledges that, in the event Buyer delivers the Approval Notice in accordance with the provisions of this Section 7.2(b), Buyer shall be deemed to have had full opportunity to investigate the Property, is satisfied with the condition thereof in all particulars, and shall have no further right to terminate this Agreement. Notwithstanding anything set forth in this Agreement to the contrary, in the event this Agreement terminates, Buyer’s obligation to return documents shall survive such termination of this Agreement.
Approval Notice. The transaction contemplated in this Agreement shall not proceed to Closing unless Buyer delivers to Seller written notice on or before the expiration of the Inspection Period of Buyer’s election to proceed to Closing under this Agreement, provided that Buyer may condition this election upon the cure, in the manner stated in writing by Seller and accepted in writing by Buyer, of any Disapproved Matter that Seller elects to cure (“Approval Notice”). Delivery or nondelivery of the Approval Notice shall occur in Buyer’s sole and absolute discretion, for any reason or no reason. If Buyer timely issues the Approval Notice, then this Agreement will remain in full force and effect and the Parties shall proceed to Closing in accordance with the terms of this Agreement. Further, if Buyer timely issues the Approval Notice, Buyer shall have the right, in its sole discretion and at its sole election, to lease the Property from Seller upon forty-five (45) days written notice to Seller of such election at a base rent rate of Forty-Five Hundred dollars ($4,500.00) per month, on a triple-net (NNN) basis, and from the commencement date specified in the notice through the Closing Date (“Lease”); the Parties agree to use Buyer’s lease form and each Party agrees to negotiate a mutually agreeable Lease based on such form in good faith with the intent of not unreasonably withholding execution of a commercially reasonable lease agreement. Alternatively, Buyer may terminate this Agreement in its sole discretion by giving written notice of such election to Seller on any day prior to and including the final day of the Inspection Period. If Buyer fails to deliver the Approval Notice prior to the expiration of the Inspection Period, Buyer will be deemed to have elected to terminate this Agreement as provided herein. In the event Buyer so terminates, the Xxxxxxx Money actually held by Escrow Agent shall be returned forthwith to Buyer, Buyer shall deliver to Seller one copy of each study performed by Buyer (including but not limited to engineering studies, proposed plat, and environmental assessments), if any, and neither Seller nor Buyer shall have any further rights or obligations under or relating to this Agreement, except pursuant to any surviving obligations.
Approval Notice. Notification from City to School District that a City Facility has been completed and the costs have been approved in accordance with the Existing Reimbursement Agreement, or in cases involving State-operated City Facilities in which a fair share contribution shall be received from or on behalf of Owner/Applicant, acknowledgement that a fair share contribution has been received by City/State.
