Elections upon Non-Occurrence of Conditions. Except as provided below, if any of the conditions in Sections 1.8.l, 1.8.2 or 1.8.3 are not fulfilled to the satisfaction of the benefited Party or Parties (i) at the time designated for satisfaction of the same, or (ii) if no deadline is specified for satisfaction of such condition, then on the date scheduled for Closing, subject to any extension that may be granted pursuant to this Section 1.8.4, then such benefited Party or Parties may elect to:
Elections upon Non-Occurrence of Conditions. Except as provided below, if any condition in Section 1.5.1 is not fulfilled to the satisfaction of the benefited Party or Parties on the date scheduled for Closing as set forth in the Schedule of Performance, then such benefited Party or Parties may elect to: