Delay of Closing. This Agreement may be terminated, and the transactions contemplated abandoned, by either Party by written notice to the other Party if the Closing Date does not occur on or before the date which is one hundred and thirty (130) days from the Signing Date.
Delay of Closing. Seller or Purchaser may terminate this Agreement by giving the other party written notice thereof if the Closing has not occurred on or before the close of business on July 31, 2000; provided that neither party shall be entitled to terminate this Agreement pursuant to this Section 7.04 if such party's breach of this Agreement has prevented the Closing.
Delay of Closing. In the event closing is delayed beyond the closing date set forth, closing may be extended by Seller by written notice to Buyer. If Seller fails to complete home by closing date, Buyer’s sole remedy, other than waiving timely performance and accepting closing upon completion, is termination of the Agreement and return of xxxxxxx money deposit to Buyer.
Delay of Closing. If (A) the Existing Notes U.S. Trustee is unable to locate the DWAC Withdrawal; or (B) such DWAC Withdrawal does not conform to the Existing Notes to be exchanged in the Exchange, then the Company will promptly notify the Investor. If, because of the occurrence of an event described in clause (A) or (B) of the preceding sentence, the Cash Consideration is not paid or the Promissory Note is not delivered on the Closing Date, then such Cash Consideration or Promissory Note, as applicable, will be paid or delivered, as applicable, on the first Business Day following the Closing Date (or as soon as reasonably practicable thereafter) on which all applicable conditions set forth in clauses (A) or (B) of the first sentence of this paragraph have been cured.
Delay of Closing. If (A) the Existing Notes Trustee is unable to locate the DWAC Withdrawal or (B) the 2027 Notes Trustee is unable to locate the New Notes DWAC Deposit or (C) such DWAC Withdrawal does not conform to the Existing Notes to be exchanged in the Exchange or such New Notes DWAC Deposit does not conform to the New 2027 Notes to be issued in the Exchange, then the Company will promptly notify the Investor. If, because of the occurrence of an event described in clause (A), (B) or (C) of the preceding sentence, the New 2027 Notes are not delivered on the Closing Date, then such New 2027 Notes will be delivered on the first business day following the Closing Date (or as soon as reasonably practicable thereafter) on which all applicable conditions set forth in clauses (A), (B) or (C) of the first sentence of this paragraph have been cured.
Delay of Closing. Failure of the Closing to occur on or before the Termination Date. CBI shall give written notice of termination to BancFirst in the same manner and with the same effect as specified in Section 9. BancFirst shall give CBI prompt notice if any approval referenced in Section 10.1 has been denied and is not appealed or, if appealed, after such appeal is unsuccessful.
Delay of Closing. If, as of the proposed date of any Closing, Servicer (i) is subject to an Insolvency Proceeding or (ii) other than with respect to the matters set forth on Section 2.7(e) of the Seller Disclosure Letter, fails to be licensed or qualified to do business in each jurisdiction in which the servicing of the Assumed Loans makes such licensing or qualification necessary (and such failure would materially and adversely affect the ability of Servicer to service the Assumed Loans that have been transferred to Buyer (and will be transferred to Buyer) pursuant to Section 2.1 as of such Closing, taken as a whole) (a “Disqualification Event”), then, upon the request of Buyer, the date of such Closing shall be postponed for a period of ninety (90) days or such shorter period as Buyer may request (a “Postponement Period”) to allow (x) Buyer to appoint a replacement servicer that is not subject to a Disqualification Event and is reasonably acceptable to Seller or (y) Servicer to cure such Disqualification Event. If, as of the end of such Postponement Period, Buyer is diligently pursuing the engagement of a replacement servicer and/or Servicer is diligently pursuing a cure of such Disqualification Event, such Postponement Period shall be extended for an additional period of sixty (60) days (or such shorter period as Buyer may request). As of the end of the Postponement Period (as extended pursuant to the immediately preceding sentence), the proposed Closing shall occur, subject to satisfaction or waiver (to the extent permitted by Law) of the conditions set forth in Article VI in accordance with Section 2.7(a)(i) or (ii), as applicable.
Delay of Closing. If the Disputed Defect Amounts, plus any other agreed upon Title Defect Adjustment amounts and Environmental Defect Adjustment amounts and Net Casualty Loss amounts (the “Adjustment Amounts”) as a result of matters submitted by Buyer prior to the Defect Notice Date, are equal to or greater than the Termination Threshold, then the Closing Date shall be extended, pending resolution of the disputes, and the Outside Date shall be extended for a period of time equal to the period of extension of the Closing Date pursuant to this Section 6.3.
Delay of Closing. At any time prior to the redemption in full of Nortel's Class B Interest hereunder or under the LLC Agreement, by Nortel or the Company, in the event that such redemption does not occur by the earlier of (i) the tenth (10th) Business Day after delivery to Nortel, pursuant to Section 2.03, of the Exercise Notice contemplating such redemption, and (ii) July 15, 2003, except to the extent that the failure of such redemption to occur arises out of or results from the knowing action or inaction of the party seeking to terminate pursuant to this Section 7.01(d) which action or inaction is in violation of its (or one of its Affiliates') obligations under this Agreement.
Delay of Closing. The Closing shall not have occurred prior to November 30, 1996, or such later date as shall have been approved by the board of directors of HTI; or
