Extension of Due Diligence Period. The Due Diligence Period shall be, and hereby is, extended to and shall expire on March 26, 2007, at 5:00 p.m. Central Time.
Extension of Due Diligence Period. Developer shall have the option and right to extend the Due Diligence Period past one hundred twenty (120) days for an initial extension period of sixty (60) days provided the Plan Packet has been submitted to the Review Panel, and a second extension period of sixty (60) days, provided Construction Plans have been submitted for state building permit approval.
Extension of Due Diligence Period. The expiration of the Due Diligence Period set forth in the Summary of Basic Purchase and Sale Terms is hereby extended from 3:00 p.m. Pacific time on June 13, 2014 to 3:00 p.m. Pacific time on June 24, 2014.
Extension of Due Diligence Period. Section 4.2 of the Agreement is hereby amended to provide that the Due Diligence Period shall expire at 5:00 p.m. (Central time) on February 16, 2012.
Extension of Due Diligence Period. Buyer shall have the right to extend the Due Diligence Period for one (1) additional period of sixty (60) days. To exercise such right, Buyer shall, prior to expiration of the Due Diligence Period, provide written notice of the extension to Seller and deposit with the Title Company the sum of Thirty Thousand Dollars ($30,000.00) as “Additional Xxxxxxx Money”. In the event Buyer elects to terminate this Agreement prior to expiration of the extended Due Diligence Period, the Additional Xxxxxxx Money deposit shall be fully refundable to Buyer. If Buyer does not terminate the Agreement in accordance with this Section 6(b), unless otherwise released pursuant to the provisions of this Agreement, the Additional Xxxxxxx Money deposit shall become non-refundable to Buyer on the later of the expiration of the extended Due Diligence Period or receipt of a Master Plan Mixed Use Zoning, but shall be applied toward the Lot 1, 3 and 4 Purchase Price at Closing. Notwithstanding anything in this Agreement to the contrary, immediately upon expiration of the initial Due Diligence Period, the Xxxxxxx Money deposit made under Section 4 shall be disbursed to Seller, and shall not be refunded to Buyer for any reason except Seller’s default without regard to whether or not Buyer elects to extend the Due Diligence Period under this Section. If Buyer elects to extend the Due Diligence Period as provided in this subsection, and Buyer then terminates this Agreement during the extended Due Diligence Period, Buyer shall receive a refund of the Additional Xxxxxxx Money, but not the initial Xxxxxxx Money paid under Section 4 above.
Extension of Due Diligence Period. The Due Diligence Period set forth in Section 4.2 of the Purchase Agreement shall be, and hereby is, extended until 5:00 p.m. (Eastern time) on September 26, 2007.
Extension of Due Diligence Period. The Due Diligence Period may be extended if mutually agreed to in writing by the Parties. All provisions of this Agreement relating to the Due Diligence Period shall also apply to any extensions thereof.
Extension of Due Diligence Period. The Due Diligence Period is hereby extended through and until 5:00 p.m. Pacific Time on Monday, May 8, 2017
Extension of Due Diligence Period. If Seller fails to deliver all Available Due Diligence Materials to Purchaser (or fails to deliver the Due Diligence Materials Notice) by the expiration of three (3) Business Days after the Effective Date, the Due Diligence Period shall be extended, at the sole option of the Purchaser, on a day-for-day basis by the number of calendar days elapsing between the end of such three (3)-Business Day period and the earliest day on which all Available Due Diligence Materials (or a notice that certain Due Diligence Materials are not Available Due Diligence Materials) have been delivered to Purchaser.
Extension of Due Diligence Period. Anything contained in the Agreement notwithstanding, the Due Diligence Period under Section 2.2 of the Agreement shall hereby be extended for an additional period of forty-eight (48) hours, and thus shall be deemed to expire on Friday, December 16, 2005 at 5:00 p.m. eastern standard time.
