Common use of Closing Date Extension Clause in Contracts

Closing Date Extension. Seller, in its sole and absolute discretion, shall have the right, upon written notice to Purchaser at least two (2) Business Days prior to the Scheduled Closing Date, to adjourn the Scheduled Closing Date for up to thirty (30) days to deliver the Tenant Estoppel Certificates.

Appears in 2 contracts

Samples: Contract of Sale, Contract of Sale (Bebe Stores, Inc.)

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Closing Date Extension. SellerSellers, in its their sole and absolute discretion, shall have the right, upon written notice to Purchaser at least two (2) Business Days days prior to the Scheduled Closing Date, to adjourn the Scheduled Closing Date for up to thirty (30) days to satisfy the Estoppel Threshold, to deliver the Required Estoppels and/or to deliver a Tenant Estoppel CertificatesCertificate instead of a Seller’s Estoppel Certificate for any particular tenants.

Appears in 1 contract

Samples: Contract of Sale (Industrial Income Trust Inc.)

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Closing Date Extension. SellerUnless the Required Estoppels condition has been waived by Purchaser (with no obligation to do so), Seller may, in its sole and absolute discretion, shall have the right, upon written notice to Purchaser at least two (2) Business Days days prior to the Scheduled Closing Date, to adjourn the Scheduled Closing Date one or more times for up to an aggregate of thirty (30) days to deliver satisfy delivery of the Tenant Estoppel CertificatesRequired Estoppels.

Appears in 1 contract

Samples: Contract of Sale (KBS Strategic Opportunity REIT II, Inc.)

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