Common use of Approvals not a Condition to Buyer’s Performance Clause in Contracts

Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and agrees that its obligation to perform under this Agreement is not contingent upon Buyer's ability to obtain any (a) governmental or quasi-governmental approval of changes or modifications in use or zoning, or (b) modification of any existing land use restriction, or (c) consents to assignments of any service contracts, management agreements or other agreements which Buyer requests, or (d) endorsements to the Title Policy.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Mack Cali Realty Corp), Purchase and Sale Agreement (Prudential Acquisition Fund I Lp)

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Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and agrees that that, except as expressly set forth in this Agreement, its obligation to perform under this Agreement is not contingent upon Buyer's ’s ability to obtain any (a) governmental or quasi-governmental approval of changes or modifications in use or zoning, or (b) modification of any existing land use restriction, or (c) consents to assignments approval of any service contracts, management agreements governmental or other agreements which Buyer requests, or (d) endorsements quasi governmental body to the Title PolicyTransaction.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Mercury Computer Systems Inc), Purchase and Sale Agreement (Mercury Computer Systems Inc)

Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and agrees that its obligation to perform under this Agreement is not contingent upon Buyer's ability to obtain any (a) governmental or quasi-governmental approval of changes or modifications in use or zoning, or (b) modification of any existing land use restriction, or (c) consents to assignments of any service contracts, management agreements or other agreements which Buyer requests, or (d) endorsements to the Owner's Title PolicyPolicy (other than those specified in Section 3.3).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Taubman Centers Inc)

Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and agrees that its obligation to perform under this Agreement is not contingent upon Buyer's ’s ability to obtain any (a) governmental or quasi-governmental approval of changes or modifications in use or zoning, or (b) modification of any existing land use restriction, or (cb) consents to assignments of any service contracts, management agreements or other agreements which Buyer requests, or (dc) endorsements to the Owner’s Title Policy., except the Comprehensive (ALTA 9.2)

Appears in 1 contract

Samples: Purchase and Sale Agreement (Omni Financial Services, Inc.)

Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and agrees that its obligation to perform under this Agreement is not contingent upon Buyer's ’s ability to obtain any (a) governmental or quasi-governmental approval of changes or modifications in use or zoning, or (b) modification of any existing land use restriction, or (c) consents to assignments of any service contracts, management agreements or other agreements which Buyer requestsContracts, or (d) endorsements to the Title Policy, or (e) any third-party financing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (KBS Legacy Partners Apartment REIT, Inc.)

Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and agrees that its obligation to perform under this Agreement is not contingent upon Buyer's ’s ability to obtain any (a) governmental or quasi-governmental approval of changes or modifications in use or zoning, ; or (b) modification of any existing land use restriction, ; or (c) consents to assignments of any service contracts, management agreements or other agreements which Buyer requests, or (d) endorsements to the Title Policy, or (d) any third-party financing.

Appears in 1 contract

Samples: Letter Agreement (Washington Real Estate Investment Trust)

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Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and arid agrees that its obligation to perform under this Agreement is not contingent upon Buyer's ’s ability to obtain any (a) governmental or quasi-governmental approval of changes or modifications in use or zoning, or (b) modification of any existing land use restriction, or (c) consents to assignments of any service contracts, management agreements or other agreements which Buyer requestswhich, or (dc) endorsements to the Owner’s Title Policy, (d) financing for the transaction, or (e) any other condition or contingency not expressly provided in this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Inland American Real Estate Trust, Inc.)

Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and agrees that its obligation to perform under this Agreement is not contingent upon Buyer's ability to obtain any (ai) governmental or quasi-governmental approval of changes or modifications in use or zoning, or (bii) modification of any existing land use restriction, or (c) consents to assignments of any service contracts, management agreements or other agreements which Buyer requests, or (d) endorsements to the Title Policy.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Meridian Industrial Trust Inc)

Approvals not a Condition to Buyer’s Performance. Buyer acknowledges and agrees that its obligation to perform under this Agreement is not contingent upon Buyer's ’s ability to obtain any (a) governmental or quasi-governmental approval of changes or modifications in use or zoning, or (b) modification of any existing land use restriction, or (c) consents to assignments of any service contracts, management agreements or other agreements which Buyer requestswhich, or (dc) endorsements to the Owner’s Title Policy, (d) financing for the transaction, or (e) any other condition or contingency not expressly provided in this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Inland American Real Estate Trust, Inc.)

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