Common use of Extension of Closing Date for Notice and Cure Clause in Contracts

Extension of Closing Date for Notice and Cure. If Buyer timely gives Seller notice of objection to any title exception under Section 4.1.2 later than the tenth (10th) Day preceding the Closing Date, the Closing Date may be extended by Seller if Seller has elected to cure such title objection, to a date no more than fifteen (15) Days after the date otherwise specified herein as the Closing Date. Such extension shall be effected by Seller’s giving written notice of such extension to Buyer on or before the date otherwise specified herein as the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Chesapeake Lodging Trust)

AutoNDA by SimpleDocs

Extension of Closing Date for Notice and Cure. If Buyer timely gives Seller notice of objection to any title exception under Section 4.1.2 later than the tenth (10th) Day 30th day preceding the Last Closing Date, the Last Closing Date may be extended by Seller if Seller has elected to cure such title objectionSeller, to a date no more than fifteen (15) Days 30 days after the date otherwise specified herein as the Last Closing Date. Such extension shall be effected by a Seller’s giving written notice of such extension to Buyer on or before the date otherwise specified herein as the Last Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Pebblebrook Hotel Trust)

Extension of Closing Date for Notice and Cure. If Buyer timely gives Seller notice of objection to any title exception under Section 4.1.2 later than the tenth (10th) Day 15th day preceding the Closing Date, the Closing Date may be extended by Seller if Seller has elected to cure such title objectionSeller, to a date no more than fifteen (15) Days 15 days after the date otherwise specified herein as the Closing Date. Such extension shall be effected by a Seller’s 's giving written notice of such extension to Buyer on or before the date otherwise specified herein as the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (CNL Hospitality Properties Inc)

Extension of Closing Date for Notice and Cure. If Buyer timely gives Seller notice of objection to any a new title exception under Section 4.1.2 later than disclosed by an updated Title Report delivered after the tenth (10th) Day preceding the Closing Approval Date, the Scheduled Closing Date may be extended by Seller if Seller has elected to cure such title objectionSeller, to a date no more than fifteen ten (1510) Days days after the date otherwise specified herein as the Scheduled Closing Date. Such extension shall be effected by Seller’s giving written notice of such extension to Buyer on or before the date otherwise specified herein as the Scheduled Closing Date.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Ashford Hospitality Prime, Inc.)

Extension of Closing Date for Notice and Cure. If Buyer timely gives Seller notice of objection to any title exception under Section 4.1.2 New Title Matter later than the tenth (10th) Day 30th day preceding the Last Closing Date, the Last Closing Date may be extended by Seller if Seller has elected to cure such title objectionSeller, to a date no more than fifteen (15) Days 30 days after the date otherwise specified herein as the Last Closing Date. Such extension shall be effected by a Seller’s giving written notice of such extension to Buyer on or before the date otherwise specified herein as the Last Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Apple REIT Seven, Inc.)

AutoNDA by SimpleDocs

Extension of Closing Date for Notice and Cure. If Buyer timely gives Seller notice of objection to any title exception under Section 4.1.2 later than the tenth (10th) Day 30th day preceding the Last Closing Date, the Last Closing Date may be extended by Seller if Seller has elected to cure such title objectionSeller, to a date no more than fifteen (15) Days 30 days after the date otherwise specified herein as the Last Closing Date. Such extension shall be effected by a Seller’s giving written notice of such extension to Buyer on or before the date otherwise specified herein as the Last Closing Date.. 4.6

Appears in 1 contract

Samples: Agreement of Purchase and Sale of Real Property and Joint Escrow Instructions

Extension of Closing Date for Notice and Cure. If Buyer gives timely gives Seller written notice of objection to any title exception under Section 4.1.2 4.2 of any Additional Objectionable Title Matter later than the tenth thirtieth (10th30th) Day day preceding the Last Closing Date, the Last Closing Date may be extended by Seller if Seller has elected to cure such title objectionSeller, to a date no more than fifteen thirty (1530) Days days after the date otherwise specified herein as the Last Closing Date, to allow Seller to cure such Additional Objectionable Title Matter. Such extension shall be effected by a Seller’s giving written notice of such extension to Buyer on or before the date otherwise specified herein as the Closing Datewithin five (5) Business Days of Buyer’s notification of such Additional Objectionable Title Matter.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Chesapeake Lodging Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.