Approval Notice Sample Clauses
POPULAR SAMPLE Copied 2 times
Approval Notice. If the results of the Studies and ▇▇▇▇▇’s other due diligence activities are acceptable to Buyer and if Buyer determines that the Property is suitable for Buyer’s purposes, in Buyer’s sole discretion, Buyer may give Notice of that fact to Seller and Escrow Agent, on or before the expiration of the Study Period (the “Approval Notice”), whereupon Buyer shall be deemed to have waived the Due Diligence Contingency. If Buyer fails to deliver the Approval Notice prior to the end of the Study Period, Buyer shall be deemed to have elected to terminate this Agreement, in which event this Agreement shall be cancelled effective on the Study Period expiration date whereupon the entire Deposit shall be immediately returned to Buyer (and Seller shall be deemed to have relinquished any claim to the Plat Amendment Contribution) without the necessity of any further documentation and, except as otherwise provided in this Agreement, neither Party shall have any further obligation under this Agreement. If this Agreement is canceled as provided in this Section, then within 10 Days after the effective date of such cancellation and at no cost to Seller, ▇▇▇▇▇ agrees to return to Seller or destroy all copies of Seller’s Information in ▇▇▇▇▇’s possession or control. Buyer’s obligations under this Section shall survive cancellation of this Agreement. If this Agreement is canceled for any reason other than as provided in Sections 7.2 or 7.3.1, ▇▇▇▇▇ agrees to deliver to Seller within 10 Days after the effective date of such cancellation, at no cost to Seller: (a) all copies of Seller’s Information in Buyer’s possession or control, and (b) copies of any Studies which ▇▇▇▇▇ commissioned during the Study Period (excluding or redacting any internal proprietary, privileged or confidential materials or information) that may be reasonably requested by Seller (collectively, “Buyer’s Due Diligence Materials”), without representation or warranty as the accuracy thereof. Buyer’s obligations under this Section shall survive cancellation of this 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. Buyer’s notice delivered to Seller (if at all) under Section 4(l) of the Agreement.
Approval Notice. By the end of the Due Diligence Period, Buyer shall complete its review of the Service Contracts, Preliminary Title Report, Due Diligence Materials, and any surveys, inspections, reports and studies which Buyer has decided to obtain or perform with respect to the physical, legal, environmental, and financial condition of the Property, and, if ▇▇▇▇▇ has elected to proceed with the purchase of the Property, will deliver to Seller, with a copy to the Title Company, written notice stating that Buyer has unconditionally approved all such items (an “Approval Notice”). If Buyer fails to deliver an Approval Notice to Seller by the end of the Due Diligence Period, it shall be deemed that Buyer has disapproved the Property, and this Agreement and the Escrow established hereunder shall automatically terminate, the Lease shall continue in full force and effect, and the parties shall have no further obligations to one another hereunder except those that, by their terms, expressly survive the termination hereof. Seller shall, under no circumstances, be obligated to perform, cure or otherwise satisfy any conditions objected to by Buyer unless, by the express terms of this Agreement, Seller has agreed to take such actions, such as Seller’s agreement to remove all of Seller’s Monetary Encumbrances on or before the Closing Date. Buyer may deliver an Approval Notice via fax or e-mail, so long as it concurrently delivers written notice via one of the other methods approved below.
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. 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.
Approval Notice. B▇▇▇▇’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.