City’s Conditions to Closing. The obligation of the City under this Option Agreement to sell the Land and improvements thereon to GEC and the Tribe is subject to the satisfaction of each of the following conditions (any of which may be waived in whole or in part by the City in writing on or prior to the Closing Date):
City’s Conditions to Closing. The following are conditions precedent to CITY's obligation to purchase the Property (collectively, "Conditions Precedent"):
City’s Conditions to Closing. City’s obligation to convey the City Parcels and to close Escrow hereunder shall be mandatory and irrevocable once all of the following conditions have occurred:
City’s Conditions to Closing. City’s obligations to convey the Property to Developer is conditioned upon the satisfaction of the terms and conditions set forth in this Section 3.8, unless any such condition is waived in writing by City acting in the discretion of its Authorized Representative.
City’s Conditions to Closing. The following are conditions precedent to City’s obligation to purchase the Property (collectively, "City’s Conditions Precedent"). [a] Title Company shall be committed at the Property Closing to issue to City the Title Policy (or Title Policies) as provided in Section 3.3 [Title Insurance]. [b] Seller shall have delivered the items described in Section 5.4 below [Seller’s Delivery of Documents] on or before the Property Closing. [c] Deed of Trust Beneficiaries shall have delivered the items described in Section 5.6 below [Deed of Trust Beneficiaries Delivery of Documents] on or before the Property Closing. [d] Approval of this Agreement and the purchase of the Property by the Half Moon Bay City Council. If any of City's Conditions Precedent are not satisfied within the time periods set forth above, then City shall have the right in its sole discretion either to waive in writing the City's Condition Precedent in question and proceed with the purchase or, in the alternative, terminate this Agreement without charge, penalty, or further liability or obligation to Seller.
City’s Conditions to Closing. The Closing shall occur no later than the date set forth in the Schedule of Performance, as such date may be extended by mutual approval of the Parties. The City's obligation to proceed with the conveyance of the leasehold interest in the Property is subject to the fulfillment (or waiver in writing by the City) of each and all of the conditions precedent set forth in this Section, which are solely for the benefit of the City, and which may be waived by the City in its sole discretion. If there is no waiver or satisfaction by the date set for the Closing, the City may terminate this Agreement upon written notice to the Developer without further liability, and except for continuing obligations provided elsewhere in this Agreement. Notwithstanding the above, the City agrees that if necessary to satisfy requirements of the Surplus Lands Act, it shall waive any of the below conditions as conditions of Closing as long as such conditions are incorporated into the Ground Lease as conditions to transfer of possession of the Property to the Developer:
City’s Conditions to Closing. City’s obligation to convey the Site and to Close Escrow hereunder shall be mandatory and irrevocable once all of the following conditions have occurred; said conditions are solely for the benefit of City and shall be fulfilled or waived within the time periods provided for herein and in any event, no later than the Outside Closing Date (subject to any applicable extension(s) and/or Excused Delay(s)).
City’s Conditions to Closing. (a) In addition to the other terms and provisions of this Agreement which give CITY the right to terminate this Agreement and the escrow created hereto, CITY’s obligation to purchase the Property from SELLER shall be subject to the occurrence and/or satisfaction of the following conditions (or CITY’s written waiver thereto, it being agreed that these conditions are for the sole benefit of CITY and CITY may waive any or all of such conditions in its sole discretion):
City’s Conditions to Closing. The Close of Escrow and City’s obligation to sell and convey the Property to VCC are subject to the satisfaction of the following conditions or City’s written waiver (in City’s sole discretion) of such conditions on or before the Closing Date:
City’s Conditions to Closing. Assuming that Purchaser has properly exercised the Option, City’s obligation to deliver title to the Property shall he subject to Purchaser delivering to City on the Closing Date the Purchase Price due pursuant to Section 2 hereof, together with the other closing documents contemplated under this Agreement.
