Description of Early Termination Condition. This Agreement is conditional upon receipt by the Vendor of confirmation that sales of condominium dwelling units have exceeded a specified threshold (being 95% of Residential Units in the Condominium) by the specified date below: The date by which this Condition is to be satisfied is the 31st day of December, 2021.
Description of Early Termination Condition. This Agreement is conditional upon receipt by the Vendor of confirmation that financing for the project on terms satisfactory to the Vendor has been arranged by the specified date below: The date by which this Condition is to be satisfied is the 31st day of December, 2021.
Description of Early Termination Condition. This Agreement is conditional upon confirmation by the Vendor that it is satisfied the Purchaser has the financial resources to complete the transaction. The Purchaser covenants and agrees to provide all requisite information and materials including proof respecting income and source of funds or evidence of a satisfactory mortgage approval signed by a lending institution or other mortgagee acceptable to the Vendor, confirming that the said lending institution or acceptable mortgagee will be advancing funds to the Purchaser sufficient to pay the balance due on the Title Transfer Date, as the Vendor may require to determine the Purchaser's credit worthiness. The date by which this Condition is to be satisfied is the 60th day after the date of acceptance of this Agreement by the Vendor. WEB COPY M:\21\210049\MASTERS - STD Condo\APS - A-Town Ajax (fieldgate form) - STD - 21-04-06.doc a town Ajax
Description of Early Termination Condition. This Agreement is conditional upon the Vendor entering into binding Agreements of Purchase and Sale for the sale of TEN (10) detached dwelling units within the freehold project consisting of FORTY-SIX (46) detached dwelling units for the project marketed as Sundance (Bond Head) Homes (the “Freehold Project”). This condition is for the benefit of the Vendor and may be waived by the Vendor in its sole discretion. In the event that no notice is received from the Vendor by the Purchaser on or before the date set forth below that this condition has or has not been satisfied, it shall be deemed to have been satisfied. The date by which this Condition is to be satisfied is the 18th day of May, 2022.
Description of Early Termination Condition. This Agreement is conditional upon the Vendor obtaining financing for the construction of the Freehold Project on terms satisfactory to it in its sole and absolute discretion. This condition is for the benefit of the Vendor and may be waived by the Vendor in its sole discretion. The date by which this condition is to be satisfied or waived by the Vendor is noted below. In the event that no notice is received from the Vendor by the Purchaser on or before the date set forth below that this condition has or has not been satisfied, it shall be deemed to have been satisfied. The date by which this Condition is to be satisfied is the 18th day of March, 2022.
Description of Early Termination Condition. This Agreement is conditional upon the Vendor being satisfied, in its sole and absolute discretion, with the credit worthiness of the Purchaser. The Vendor shall have sixty (60) days from the date of acceptance of this Agreement by the Vendor to satisfy itself with respect to such credit worthiness. The Purchaser covenants and agrees to provide all requisite information and materials including proof respecting income and source of funds or evidence of a satisfactory mortgage approval signed by a lending institution or other mortgagee acceptable to the Vendor, confirming that the said lending institution or acceptable mortgagee will be advancing funds to the Purchaser sufficient to pay the balance due on the Title Transfer Date, as the Vendor may require to determine the Purchaser's credit worthiness.
Description of Early Termination Condition. The Vendor receiving confirmation that financing for the project contemplated by the development of the units in the draft site plan, on terms satisfactory to the Vendor has been arranged on or before the 1st day of June, 2023 (the “Condition Date”) .
Description of Early Termination Condition. Confirmation by the Vendor, on or before the Condition Date but no less than sixty (60) days from the Vendor’s acceptance, that it is satisfied the Purchaser has the financial resources to complete the transaction. SCHEDULE “B” MILLCROFT TOWNS 0000 Xxxxxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxx SKETCH OF UNIT TO BE PROVIDED BY THE VENDOR SCHEDULE “D” MILLCROFT TOWNS 0000 Xxxxxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxx
Description of Early Termination Condition. This Agreement is conditional upon confirmation by the Vendor that it is satisfied the Purchaser has the financial resources to complete the transaction. The Purchaser covenants and agrees to provide all requisite information and materials, including proof respecting income and source of funds or evidence of a satisfactory mortgage approval signed by a lending institution or other mortgagee acceptable to the Vendor confirming that the said lending institution or acceptable mortgagee will be advancing funds to the Purchaser sufficient to pay the balance due on the Closing Date, as the Vendor may require to determine the Purchaser's credit worthiness. WEB COPY The date by which this Condition is to be satisfied is the 60th day following the signing of the Agreement (by both Vendor and Purchaser).
Description of Early Termination Condition. This Agreement is conditional upon the Vendor being satisfied, in its sole and absolute discretion, with the credit worthiness of the Purchaser. The Vendor shall have sixty (60) days from the date of acceptance of this Agreement by the Vendor to satisfy itself with respect to such credit worthiness. The Purchaser covenants and agrees to provide all requisite information and materials including proof respecting income and source of funds or evidence of a satisfactory mortgage approval signed by a lending institution or other mortgagee acceptable to the Vendor, confirming that the said lending institution or acceptable mortgagee will be advancing funds to the Purchaser sufficient to pay the balance due on the Closing Date, as the Vendor may require to determine the Purchaser's credit worthiness. The date by which this Condition is to be satisfied is the 60th day following the date of acceptance of this Agreement. Property Statement of Critical Dates Delayed Closing Warranty This Statement of Critical Dates forms part of the Addendum to which it is attached, which in turn forms part of the agreement of purchase and sale between the Vendor and the Purchaser relating to the Property. The Vendor must complete all blanks set out below. Both the Vendor and Purchaser must sign this page.
