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

Approvals not a Condition to Buyer’s Performance. Subject to Buyer’s right to terminate this Agreement prior to the expiration of the Due Diligence Period in accordance with the terms of Article 5 hereof, 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.

Approvals not a Condition to Buyer’s Performance. Subject to Buyer’s right to terminate this Agreement on or prior to the expiration of the Due Diligence Period Contingency Date in accordance with the terms of Article 5 IV hereof, 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 (iii) consents to assignments of any service contracts and management agreements.

Approvals not a Condition to Buyer’s Performance. Subject to Buyer’s right to terminate this Agreement prior to the expiration of the Due Diligence Period in accordance with the terms of Article 5 Section 3.2(b) hereof, 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) mortgage financing.