Common use of Continuation of Contingency Clause in Contracts

Continuation of Contingency. Even after the expiration of the time specified in 18B(1), Buyer retains the right to make requests to Seller remove in writing the applicable contingency or cancel this Agreement until Seller cancels pursuant to 18C(1). Once Seller receives Xxxxx’s written removal of all contingencies, Seller may not cancel this Agreement pursuant to 18C(1).

Appears in 2 contracts

Samples: Purchase Agreement (Castle Arch Real Estate Investment Company, LLC), Real Estate Purchase Agreement (Castle Arch Real Estate Investment Company, LLC)

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Continuation of Contingency. Even after the expiration of the time specified in 18B(117B(1), Buyer retains the right to make requests to Seller Seller, remove in writing the applicable contingency or cancel this Agreement until Seller cancels pursuant to 18C(117C(1). Once Seller receives XxxxxBuyer’s written removal of all contingencies, Seller may not cancel this Agreement pursuant to 18C(117C(1).

Appears in 1 contract

Samples: Commercial Property Purchase Agreement (Coast Bancorp/Ca)

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Continuation of Contingency. Even after the expiration of the time specified in 18B(1)17B, Buyer retains the right to make requests to Seller Seller, remove in writing the applicable contingency or cancel this Agreement until Seller cancels pursuant to 18C(117C(1). Once Seller receives Xxxxx’s Buyer's written removal of all contingencies, Seller may not cancel this Agreement pursuant to 18C(117C(1).

Appears in 1 contract

Samples: Commercial Property Purchase Agreement (Tri Valley Corp)

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