Common use of Extension of Deadlines Clause in Contracts

Extension of Deadlines. 5.1 The City and the Purchaser acknowledge and agree that time is of the essence and that the Parties intend for this transaction to close on or before the Closing Date. Upon written request from the other Party, either Party may, at its absolute discretion, agree to grant an Extension, but neither Party shall be obligated to grant any Extension or Extensions whatsoever.

Extension of Deadlines. 5.1 4.1 The City and the Purchaser acknowledge and agree that time is of the essence and that the Parties parties intend for this transaction to close on or before the Closing Date. Upon written request from by the other PartyPurchaser, either Party the City may, at its absolute discretion, agree to grant an Extension, extend the deadline for any of the conditions precedent set out in section 2.1 or the Closing Date but neither Party the City shall not be obligated to grant any Extension extension or Extensions extensions whatsoever. Any extension granted by the City shall only be binding if delivered in writing to the Purchaser.

Extension of Deadlines. 5.1 The City Town and the Purchaser acknowledge and agree that time is of the essence and that the Parties intend for this transaction to close on or before the Closing Date. Upon written request from the other Party, either Party may, at its absolute discretion, agree to grant an Extension, but neither Party shall be obligated to grant any Extension or Extensions whatsoever.