BUYER'S OBLIGATION TO CLOSE. Buyer's obligation to close under this Agreement is subject to the fulfillment on or prior to the Closing Date of each of the following conditions (except to the extent that Buyer shall have hereafter agreed in writing to waive one or more of such conditions).
BUYER'S OBLIGATION TO CLOSE. Buyer’s obligation to acquire the Transferred Assets and to take the other actions required to be taken by Buyer at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Buyer, in whole or in part):
BUYER'S OBLIGATION TO CLOSE. [A] At the Closing, [B] IF: [C] All prerequisites to Buyer’s obligation to buy the Computer have been either (i) [D] satisfied, or (ii) waived by Buyer; THEN: Buyer will deliver the Purchase Price to Seller. 241 242 243 244 [A] This provision affirmatively obligates Buyer to go through with the deal in the stated cir- 245 cumstances. That distinguishes this agreement from a “call” option. DRAFT 2016-01-24 17:40 CST 246 [B] Note how “At the Closing” leads off this section so that it forms part of both the “IF:” 247 clause and the “THEN:” clause. 248 [C] IF: and THEN: This is an example of using judicious capitalization to make it easier for 249 contract reviewers and other readers to spot the key pieces of the sentence. 250 [D] (i) and (ii): When doing a list of things “in-line,” as opposed to in separate paragraphs, 251 it’s often helpful to delimit the list items using romanettes. 252 8.1 [A] The Purchase Price must be paid [B] [C] by cashier’s check [D]. 253 [A] Many drafters won’t assign a subdivision number (which in this case is 8.1) if there’s 254 only a single subdivision, but I don’t see a problem with doing so — the goal is clarity, not slav- 255 ish conformity to an arbitrary convention. 256 [B] Normally, active voice is preferred (yes, this sentence itself “violates” that guideline). 257 This provision, though, is one of those instances in which we care more about the action (pay- 258 ment) than about who performs the action (in this case, Buyer). 259 [C] Even a cashier’s check might carry nonpayment risk, because the check might be coun- 260 terfeit – see Wikipedia. Alternative forms of payment might include ACH, which stands for Au- 261 tomated Clearing House; wire transfer; personal checks; currency; credit cards; or even Bitcoin. 262 The parties will generally opt for the one that strikes a balance between convenience, cost, and 263 safety.
BUYER'S OBLIGATION TO CLOSE. The obligation of Buyer to deliver the Transaction Documents to which it is a party and to consummate the transactions contemplated hereby and thereby is subject to the satisfaction, on or before the Closing Date, of the following conditions (each of which may be waived by Buyer in its sole discretion):
BUYER'S OBLIGATION TO CLOSE. Buyer’s obligations to purchase the RRPC Interest and to take the other actions required pursuant to this Agreement to be taken by Buyer at the Closing are subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived in whole or in part by Buyer):
BUYER'S OBLIGATION TO CLOSE. Buyer's obligation hereunder to close shall be subject only to the Property being (i) in substantially the same condition on the closing date as it is on the date of this Agreement, and (ii) the title to the Property being free from defects and encumbrances except for the Permitted Exceptions and except as otherwise expressly provided herein. If this condition is not fulfilled, then either party shall have the option to terminate this Agreement on or before the closing date, in which event the Xxxxxxx Money shall be returned immediately to Buyer, and both parties shall be relieved of all further liability hereunder.
BUYER'S OBLIGATION TO CLOSE. Buyer shall not be obligated to close hereunder unless each of the following conditions shall exist on the Closing Date:
BUYER'S OBLIGATION TO CLOSE. In addition to any other conditions set forth in this Agreement, Buyer's obligation to consummate the closing in respect of each Property is subject to the timely satisfaction of each and every one of the conditions and requirements set forth in the Agreement, including without limitation in this Paragraph 13(a), as to such Property, all of which shall be conditions precedent to Buyer's obligations under this Agreement as to such Property:
BUYER'S OBLIGATION TO CLOSE. The Buyer hereby expressly acknowledges and agrees that:
BUYER'S OBLIGATION TO CLOSE. Buyers shall not be obligated to close this transaction unless:
