Effect of Failure. If Buyer notifies Seller of a failure to satisfy the conditions precedent set forth in this Article 9, Seller may, within five (5) days after receipt of Buyer’s notice, agree to satisfy the condition by written notice to Buyer, and Buyer shall thereupon be obligated to close the transaction provided (a) Seller so satisfies such condition and (b) no such right to cure shall extend the Closing. If Seller fails to agree to cure or fails to cure such condition by the Closing Date, this Agreement shall be automatically terminated, the Deposit shall be returned to Buyer without any further action required from either Party.
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Samples: Purchase and Sale Agreement (Healthcare Trust of America, Inc.), Purchase and Sale Agreement (Healthcare Trust of America, Inc.), Purchase and Sale Agreement (Healthcare Trust of America, Inc.)
Effect of Failure. If Buyer notifies Seller of a failure to satisfy the conditions precedent set forth in this Article Paragraph 9, Seller may, within five (5) days after receipt of Buyer’s 's notice, agree to satisfy the condition by written notice to Buyer, and Buyer shall thereupon be obligated to close the transaction provided (a) Seller so satisfies such condition and (b) no such right to cure shall extend the ClosingClose of Escrow. If Seller fails to agree to cure or fails to cure such condition by the Closing DateClose of Escrow, this Agreement shall be automatically terminated, the Deposit shall be returned to Buyer without any further action required from either Partyparty and neither party shall have any continuing obligations hereunder.
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Effect of Failure. If Buyer notifies Seller of a failure to satisfy the conditions precedent set forth in this Article Paragraph 9, Seller may, within five (5) days after receipt of Buyer’s 's notice, agree to satisfy the condition by written notice to Buyer, and Buyer shall thereupon be obligated to close the transaction provided (a) Seller so satisfies such condition and (b) no such right to cure shall extend the ClosingClose of Escrow more than sixty (60) days. If Seller fails to agree to cure or fails to cure such condition by the Closing DateClose of Escrow, this Agreement shall be automatically terminated, the Deposit shall be returned to Buyer without any further action required from either Partyparty and neither party shall have any continuing obligations hereunder.
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