Common use of City Closing Contingencies Clause in Contracts

City Closing Contingencies. Notwithstanding anything to the contrary contained herein, the City’s duty to Close and convey the Property on or before the expiration of the Base Period or Extended Period is contingent upon: 1. Financing and/or Equity. Buyer submitting to DCD evidence of financing without contingencies and/or equity in an amount equal to the Final Budget and satisfactory to DCD; 2. Final Plans. DCD Design Review Team approving Buyer’s Final Plans.

City Closing Contingencies. Notwithstanding anything to the contrary contained herein, the City’s duty to Close and convey the Property on or before the expiration of the Base Period or Extended Period is contingent upon: 1. Financing and/or Equity. Buyer submitting to DCD evidence of financing without contingencies and/or equity in an amount equal to the Final Budget and satisfactory to DCD; 2. Final PlansPlan Approval. DCD Design Review Team approving Buyer’s Final Plans.