Common use of Changing the Firm Closing Date 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.

Appears in 19 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase Agreement

AutoNDA by SimpleDocs

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.

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale 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;; DRAFT (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.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase 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; 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.

Appears in 1 contract

Samples: Purchase and Sale 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. (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.

Appears in 1 contract

Samples: Purchase and Sale Agreement

AutoNDA by SimpleDocs

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.. FOR REVIEW

Appears in 1 contract

Samples: Agreement of Purchase and Sale

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;; SAMPLE (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.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!