Concurrent Closings. All of the conditions precedent to the obligations of the Purchaser to complete the transactions herein contemplated or contemplated in the other agreements contemplated or required hereby and Schedules hereto shall have been fulfilled or satisfactorily performed in accordance therewith including, without limitation, the delivery of all documents required to be delivered thereunder.
Concurrent Closings. This Closing shall occur concurrently with the ------------------- purchase and closing of Denali Park Estates by Buyer from Seller.
Concurrent Closings. This Closing shall occur concurrently with the ------------------- purchase and closing of Apache East Estates by Buyer from Seller.
Concurrent Closings. The Company, Contributors and their respective Affiliates, concurrently with the Closing, shall have closed and consummated the transactions contemplated pursuant to the Related Purchase Agreements.
Concurrent Closings. Concurrent with execution of this Agreement, Stafford Commerce Center, L.L.C., Stafford Commerce Center II, L.L.C., and Xxxxxxxx Commerce Center III, L.L.C., each Virginia limited liability companies (the “Related Sellers”) controlled by the same individuals as Seller, and Purchaser have entered into those certain other Agreements of Sale and Purchase (the “Related Contracts”) for the properties known as Xxxxxxxx Commerce Center Building I, with a street address of 00 Xxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx (“Stafford Commerce Center I”), Stafford Commerce Center Building II, with a street address of 00 Xxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx (“Stafford Commerce Center II”) and Stafford Commerce Center Building III, with a street address of 00 Xxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxx (“Xxxxxxxx Commerce Center III”, and collectively with Stafford Commerce Center I and Stafford Commerce Center II, the “Related Properties”). Purchaser and Seller recognize and agree that the sale of the Property and Closing hereunder are expressly conditioned upon the concurrent closings on the Related Properties by the applicable Related Sellers and Purchaser or an entity or entities to be designated by Purchaser for the purpose of acquiring the Related Properties (each, a “Related Purchaser”). If due to the default of the Purchaser or any Related Purchaser, any of the Related Contracts terminates or the closing on any of the Related Contracts shall not occur by the deadline for closing thereunder, such default shall constitute a default under this Agreement and the provisions of Section 11.1 below shall apply. If due to the default of the Seller or any Related Seller, any of the Related Contracts terminates or the closing on any of the Related Contracts shall not occur by the deadline for closing thereunder, any such default shall constitute a default under this Agreement. In such event, Purchaser shall be entitled to elect its remedy under Section 11.2 herein, but Purchaser agrees that it shall not be entitled to (i) waive the default hereunder and proceed to Closing on this Agreement without closing on all of the Related Contracts, or (ii) pursue a suit for specific performance hereunder unless Purchaser has elected to pursue specific performance on all of the Related Contracts. If for any reason other than a Purchaser or Seller default, any of the Related Contracts shall terminate in accordance with its terms or the closing on any of the Related Contracts shall not occur by the deadline fo...
Concurrent Closings. The consummation of the transactions contemplated by the Transaction Agreements shall occur on the second business day after the satisfaction and waiver (as provided herein and therein) of each of the conditions set forth in Article VII of the Xxxxxx Agreement, Sections 8 and 9 of the Protek Agreement and Section 6 of the Investment Agreement (other than conditions that may only be satisfied by deliveries to be made at the respective closings) at the offices of Xxxxxxxxxxx & Xxxxxxxx LLP located at 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx at 11 a.m., local time, or such other time and place as the Specified Parties may agree. None of the transactions contemplated by any Transaction Agreement shall be, nor be deemed to have been, consummated unless the transactions contemplated by each other Transaction Agreement shall have been or are simultaneously being consummated.
Concurrent Closings. The Initial Closings under the Hillsdale Transaction and the 270 Transactions shall be closed concurrently with the Closing.
Concurrent Closings. The parties hereto shall only be required to close on the transaction contemplated by this Agreement upon the simultaneous Closing of the following related transactions involving some or all the parties hereto:
Concurrent Closings. Buyer or its Affiliate(s) shall concurrently receive (a) title to each of the Properties on the Closing and (b) the conveyance from Seller or Third-Party Transferor of all of its right, title and interest, owned, leased, or otherwise in and to the Personal Property of each such Property on the Closing.
Concurrent Closings. (i) If the parties determine that the conditions set forth in Article IX of this Agreement are reasonably likely to be satisfied or waived with respect to both the Lehman National Bank TC and the NB National Bank TC, on the one hand, and the Lehman Delaware TC and the NB Delaware TC, on the other hand, on approximately the same date and in any event within a ten-Business Day period, then the Closings shall occur concurrently on the third Business Day following the satisfaction or waiver of all of the conditions set forth in Article IX (other than conditions that, by their nature, are to be satisfied at the Closings, but subject to the satisfaction or waiver of such conditions), unless another time or date, or both, are agreed to in writing by the parties hereto.
