Condition Precedent to Buyer’s Obligation to Close Sample Clauses

Condition Precedent to Buyer’s Obligation to Close. Buyer’s obligation to purchase the Seller Units is subject to the Buyer giving written notice to Seller that Buyer has closed an anticipated financing transaction. If Buyer has not delivered such notice to Seller by 12 p.m. EST on December 23, 2011, then this Agreement shall terminate and shall be of no further force or effect.
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Condition Precedent to Buyer’s Obligation to Close. The obligation -------------------------------------------------- of Buyer to consummate the transactions contemplated by this Agreement is subject to receipt by Buyer prior to the Closing Date of employment agreements, the terms of which are satisfactory to Buyer, executed by the individuals whose names are listed on Schedule 2.02 hereto. -------------
Sample 1
Condition Precedent to Buyer’s Obligation to Close. It shall be a condition precedent to Buyer’s obligation to consummate the transaction contemplated by this Agreement (herein, the “Lender Approval Condition”), that (i) Lender shall unconditionally consent to the Loan Assumption in writing, within 300 days of the Effective Date (“Loan Assumption Deadline”), on terms satisfactory to Buyer in its sole discretion (herein referred to as “Loan Assumption Approval”), and (ii) Lender shall execute and deliver the Loan Assumption Documents to Buyer at Closing. In the event that the Lender Approval Condition for any reason is not satisfied by Loan Assumption Deadline, then Buyer shall be entitled to terminate this Agreement upon written notice to Seller, whereupon this Agreement shall terminate, the Deposit shall be returned to Buyer by Escrow Agent, without the consent or joinder of Seller being required and notwithstanding any contrary instructions from Seller, and the parties shall have no further obligations under this Agreement, except as to those obligations that expressly survive termination of this Agreement.
Sample 1
Condition Precedent to Buyer’s Obligation to Close. It shall be a condition precedent to Buyer’s obligation to close that the Seller shall not have (a) discontinued operations within any portion of the Property; (b) filed for bankruptcy or taken any similar debtor protection measure; or (c) given notice that Seller intends to take either of the actions described in clauses (a) or (b) of this sentence. Furthermore, it shall be a condition precedent to Bxxxx’s obligation to close that the proposed guarantor under the Lease shall not have suffered any adverse change in its credit rating with any of the nationally recognized rating agencies between the Effective Date and Closing. In the event that any of the conditions precedent described in this paragraph (2) shall not be satisfied, Buyer shall be entitled to terminate the Agreement and recover the entire Exxxxxx Money except the $100 independent consideration.
Sample 1

Related to Condition Precedent to Buyer’s Obligation to Close

  • CONDITIONS PRECEDENT TO BUYER'S OBLIGATION TO CLOSE Buyer's obligation to purchase the Shares and to take the other actions required to be taken by Buyer at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Buyer, in whole or in part):

  • CONDITIONS PRECEDENT TO SELLER'S OBLIGATION TO CLOSE Sellers' obligation to sell the Shares and to take the other actions required to be taken by Sellers at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by Sellers, in whole or in part):

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE The Purchaser's obligation to pay the Consideration and to take the other actions required to be taken by the Purchaser at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Purchaser, in whole or in part):

  • Conditions to Buyer’s Obligation to Close The obligation of Buyer to consummate the transactions contemplated by this Agreement on the Closing Date shall be subject to the satisfaction of each of the conditions set forth in this SECTION 9, unless waived by Buyer:

  • CONDITIONS PRECEDENT TO THE SELLER’S OBLIGATION TO CLOSE The Seller’s obligation to sell the Assets and to take the other actions required to be taken by the Seller at the Closing is subject to the satisfaction, at or prior to the Closing, of each of the following conditions (any of which may be waived by the Seller, in whole or in part, in writing):

  • CONDITIONS TO THE PURCHASER’S OBLIGATION TO CLOSE The obligation of the Purchaser to acquire the Property shall be subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

  • CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • Conditions Precedent to the Buyer’s Obligations The obligation of the Buyer to purchase and pay for the Transferred Assets is subject to the satisfaction (or waiver by the Buyer) as of the Closing of the following conditions:

  • CONDITIONS PRECEDENT TO BUYER'S OBLIGATIONS The obligations of Buyer to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Buyer:

  • Conditions to Seller’s Obligation to Close The obligation of the Seller to convey the Property to the Purchaser is subject to the satisfaction of the following conditions precedent on and as of the Closing Date:

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