Failure of Buyer’s Closing Conditions. If any of the Buyer's Closing Conditions have not been fulfilled within the applicable time periods, Buyer may: 4.2.1 waive the Buyer's Closing Condition and close in accordance with this Agreement, without adjustment or abatement of the Purchase Price; or 4.2.2 terminate this Agreement by written notice to Seller.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Asset Investors Corp), Purchase and Sale Agreement (Asset Investors Corp), Purchase and Sale Agreement (Asset Investors Corp)
Failure of Buyer’s Closing Conditions. If any of the Buyer's Closing Conditions have not been fulfilled within on or prior to the applicable time periods"Outside Closing Date" (as defined herein), Buyer may:
4.2.1 waive the any such unfulfilled Buyer's Closing Condition and close proceed in accordance with this Agreement, without adjustment or abatement of the Purchase Price; or
4.2.2 terminate this Agreement by written notice to Seller.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Morgans Hotel Group Co.)
Failure of Buyer’s Closing Conditions. If any of the Buyer's Closing Conditions have not been fulfilled within the applicable time periods, Buyer may:
4.2.1 : (a) waive the Buyer's Closing Condition and close in accordance with this Agreement, without adjustment or abatement of the Purchase Price, except as otherwise expressly provided herein; or
4.2.2 terminate this Agreement by written notice to Seller.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Senior Income Fund L P)
