Common use of Changing the Firm Closing Date – Three Ways Clause in Contracts

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5.. WEB COPY (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; oror WEB COPY (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.. SAMPLE

Changing the Firm Closing Date – Three Ways. (a) a. The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) i. by the Vendor setting a Delayed Closing Date in accordance with section 3; (; ii) . by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) . as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) b. If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “"Firm Closing Date” " for all purposes in this Addendum.

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; oror EB CO (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm 5 Closing Date” D for all purposes in this Addendum.

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for Date”for all purposes in this Addendum.

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.. WEB COPY

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.. DRAFT

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.. REVIEW ONLY

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; oror SAMPLE (iii) as the result of an Unavoidable Delay of which proper written notice is given gi ven in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm Closing Date” for all purposes in this Addendum.

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5. (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm 5 Closing Date” D for all purposes in this Addendum.. SAMPLE AGREEMENT

Changing the Firm Closing Date – Three Ways. (a) The Firm Closing Date, once set or deemed to be set in accordance with section 1, can be changed only: (i) by the Vendor setting a Delayed Closing Date in accordance with section 3; (ii) by the mutual written agreement of the Vendor and Purchaser in accordance with section 4; or (iii) as the result of an Unavoidable Delay of which proper written notice is given in accordance with section 5.. DRAFT (b) If a new Firm Closing Date is set in accordance with section 4 or 5, then the new date is the “Firm 5 Closing Date” D for all purposes in this Addendum.