Common use of Closing Date and Location Clause in Contracts

Closing Date and Location. (a) Closing Date: This transaction will be closed on (Closing Date), unless 39 specifically extended by other provisions of this Contract. The Closing Date will prevail over all other time periods 40 including, but not limited to, Financing and Due Diligence periods. In the event insurance underwriting is suspended 41 on Closing Date and Buyer is unable to obtain property insurance, Buyer may postpone closing up to 5 days after 42 the insurance underwriting suspension is lifted.

Appears in 3 contracts

Samples: Commercial Contract, Commercial Contract, Commercial Contract

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Closing Date and Location. (a) Closing Date: This transaction will be closed on _See Additional Terms (Closing Date), unless 39 specifically extended by other provisions of this Contract. The Closing Date will prevail over all other time periods 40 including, but not limited to, Financing and Due Diligence periods. In the event insurance underwriting is suspended 41 on Closing Date and Buyer is unable to obtain property insurance, Buyer may postpone closing up to 5 days after 42 the insurance underwriting suspension is lifted.

Appears in 2 contracts

Samples: Purchase Agreement, Commercial Contract

Closing Date and Location. (a) Closing Date: This transaction will be closed on _February 1, 2021 (Closing Date), unless 39 specifically extended by other provisions of this Contract. The Closing Date will prevail over all other time periods 40 including, but not limited to, Financing and Due Diligence periods. In the event insurance underwriting is suspended 41 on Closing Date and Buyer is unable to obtain property insurance, Buyer may postpone closing up to 5 days after 42 the insurance underwriting suspension is lifted.

Appears in 1 contract

Samples: Commercial Contract

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Closing Date and Location. (a) Closing Date: This transaction will be closed on 30 days after expiration of Due Diligence (Closing Date), unless 39 specifically Specifically extended by other provisions of this Contract. The Closing Date will prevail over all other time periods 40 includingIncluding, but not limited to, Financing and Due Diligence periods. In the event insurance underwriting is suspended 41 on Closing Date and Buyer is unable to obtain property insurance, Buyer may postpone closing up to 5 days after 42 the insurance underwriting suspension is lifted.

Appears in 1 contract

Samples: Commercial Contract

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