Extended Closing. In the event that schools must be closed for any reason for a total of more than five (5) days, the board and exclusive representative shall meet within ten (10) days of such closing to discuss the necessity of altering the school term. If an alteration of the school term is necessary, the teachers shall teach on these days. The final decision will rest with the School Board and will reflect the best interest of both teachers and administration.
Extended Closing. Refers to a transaction in which the Seller has agreed to delay the original closing date specified in the Purchase Agreement pursuant to terms set forth in such Purchase Agreement. Family Member - Refers, but is not limited, to a spouse, domestic partner, parent, sibling, child, stepchild, grandchild, or grandparent. Highest Bid - With respect to each Property offered at Auction, refers to the final, highest bid that is received and acknowledged by the Auctioneer and submitted to the Seller for review, consideration and acceptance. Highest Bidder - With respect to each Property offered at Auction, refers to the individual and/or entity whose bid during the Auction Event is the highest bid received and acknowledged by Auctioneer. Negotiated Bid - With respect to any Property offered at the Auction, refers to the final amount accepted by Seller following post-Auction negotiations between the Seller and the Bidder who made the Highest Bid at the Auction when such Highest Bid was less than the Reserve Price. Occupied - Refers to any Auction Residential Property marketed where Bidder assumes all responsibility and liability for any occupancy and assumes all responsibility, liability, and cost of taking possession, including eviction. Person - Refers to a natural person, trust, association, non-profit organization, corporation, limited liability company, partnership, and any other entity. Pre-Auction - Offers that may only be made up to 48 hours before the start of the Auction Event. During this time, Pre-Auction offers may be reviewed and potentially accepted, up to the time of the start of the Auction Event. Property or Properties - Refers to real property or mortgage notes relating to real property that is subject to Auction on the Website. Property Details Page - The page on the Website that holds information, including without limitation MLS listing information, any listing agreement and photos, pertaining to the Property. Purchase Agreement - Refers to the documents that a Winning Bidder is required to execute (including all addenda) that are in a form acceptable under the terms of this Agreement and to the Seller. The Purchase Agreement contains the specific terms and conditions for the sale or lease of any Property subject to Auction. Related Party - Refers to owners, principals, officers, directors, agents, employees, independent contractors and subcontractors, as well as the Family Members of such persons, and any entities that are owned or affiliated...
Extended Closing. In the event that Vendor elects to defend any Appeal Proceedings and extend the Closing Date to the Extended Closing Date, and the Appeal Proceedings are not settled or otherwise determined by the Extended Closing Date, either the Purchaser or the Vendor may elect to terminate this Agreement by notice in writing to the other Party at any time following the Extended Closing Date and the Purchase Price shall be returned to the Purchaser (together with accrued interest if any).
Extended Closing. Party B may request an extension of the debt collection commission period on a case-by-case basis, and Party A will decide whether to consent to such extension and on the time of such extension, based on the circumstances of the individual case and Party B’s work records. Each individual case will close automatically after the expiry of the extended period consented by Party A in writing. Party B shall not conduct debt collection against any Delinquent Customer whose case has closed.
