Extension of Outside Closing Date. Upon the occurrence of any damage to the Property which Seller is obligated to repair and restore in accordance with the terms of this Agreement, the Outside Closing Date shall be extended to the date upon which Seller is required hereunder to have such damage repaired, but in no event shall any such extension extend the Outside Closing Date to a date which is more than ninety (90) days after the date of such damage to the Property.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Price Reit Inc), Stock Option Agreement (Price Reit Inc)
Extension of Outside Closing Date. Upon the occurrence of any damage to the Property which Seller is obligated to repair and restore in accordance with the terms of this AgreementProperty, the Outside Closing Date shall be extended to the date upon which Seller is required hereunder to have such damage repaired, but in no event shall any such extension extend the Outside Closing Date to a date which is more than ninety (90) days after the date of such damage to the Property.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Price Reit Inc), Purchase and Sale Agreement (Price Reit Inc)
Extension of Outside Closing Date. Upon the occurrence of any damage to the Property which Seller is obligated to repair and restore in accordance with the terms of this AgreementProperty, the Outside Closing Date shall be extended to the date upon which Seller is required hereunder to have such damage repaired, but in no event shall any such extension extend the Outside Closing Date to a date which is more than ninety sixty (9060) days after the date of such damage to the Property.
Appears in 1 contract