Common use of Failure of Condition Precedent Clause in Contracts

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedent, the party benefited by such failed condition shall have the option to (a) waive such condition precedent and proceed to Closing, or (b) terminate this Agreement by sending written notice to the other party on or before the date of Closing, in which event the Xxxxxxx Money shall be returned to Purchaser.

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedent, the party benefited by such failed condition shall have the option to (a) waive such condition precedent and proceed to Closing, or (b) terminate this Agreement by sending written notice to the other party on or before the date of Closing, in which event the Xxxxxxx Money shall be returned to Purchaser...

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedent, the party benefited by such failed condition shall have the option to (a) waive such condition precedent and proceed to Closing, or (b) terminate this Agreement Supplement by sending written notice to the other party on or before the date of Closing, in which event the Xxxxxxx Money shall be returned to Purchaser.

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedent, the party benefited by such failed condition shall have the option to (a) waive such condition precedent and proceed to Closing, or (b) terminate this Agreement by sending written notice to the other party on or before the date of Closing, in which event the Xxxxxxx Money shall be returned to Purchaser.

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedent, the party benefited by such failed condition shall have the option to (a) waive such condition precedent and proceed to Closing, or (b) terminate this Agreement by sending written notice to the other party on or before the date of ClosingClosing Date, in which event the Xxxxxxx Money Deposit shall be returned to PurchaserBUYER.

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedent, the party benefited by such failed condition shall have the option to (a) waive such condition precedent and proceed to Closing, or (b) terminate this Agreement by sending written notice to the other party on or before the date of Closing, in which event the Xxxxxxx Money shall be returned to Purchaserthe non-defaulting party.

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedentconditions, the party benefited by to which such failed condition was to benefit shall have the option to (ai) waive such condition precedent and proceed to Closing, Closing or (bii) terminate this Agreement by sending written notice to the other party on or before the date of Closing, in which event the Xxxxxxx Money Deposit shall be returned to PurchaserBuyer (except if Buyer fails to deliver to Seller the Purchase Price as set forth in Section 3.2.2).

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedent, the party benefited benefitted by such failed condition shall have the option to (a) waive such condition precedent and proceed to Closing, or (b) terminate this Agreement by sending written notice to the other party party, on or before the date of Closing, in which event the Xxxxxxx Money shall be returned to Purchaser.

Failure of Condition Precedent. Upon the failure of any of the foregoing conditions precedent, the party benefited by such failed condition shall have the option to (a) waive such condition precedent and proceed to Closing, or (b) terminate this Agreement by sending written notice to the other party on or before the date of Closing, in which event the Xxxxxxx Exxxxxx Money shall be returned to Purchaser.