FAILURE OF CONDITIONS TO SELLER'S OBLIGATIONS. In the event any one or more of the conditions to Seller’s obligations are not satisfied or waived in whole or in part at any time prior to or as of the Closing, Seller, at Seller’s option, shall be entitled to: (a) terminate this Agreement with respect to the Property by giving written notice thereof to Purchaser; or (b) proceed to Closing hereunder.
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Samples: Agreement of Sale and Purchase (Peak Resorts Inc), Agreement of Sale and Purchase (Peak Resorts Inc)
FAILURE OF CONDITIONS TO SELLER'S OBLIGATIONS. In the event any one or more of the conditions to Seller’s obligations are not satisfied or waived in whole or in part at any time prior to or as of the Closing, Seller, at Seller’s option, shall be entitled to: (a) terminate this Agreement with respect to the Property by giving written notice thereof to Purchaser; or (b) proceed to Closing hereunder. ARTICLE VII.
Appears in 1 contract
Samples: Agreement of Sale and Purchase
FAILURE OF CONDITIONS TO SELLER'S OBLIGATIONS. In the event any one or more of the conditions to Seller’s 's obligations are not satisfied or waived in whole or in part at any time prior to or as of the Closing, Seller, at Seller’s 's option, shall be entitled to: (a) terminate this to proceed as set forth in the Construction Completion Indemnity Agreement with respect to executed of even date herewith as part of the Property by giving written notice thereof to Purchaser; or (b) proceed to Closing hereunderHobb I Closing.
Appears in 1 contract
Samples: Agreement of Sale and Purchase (Correctional Properties Trust)
FAILURE OF CONDITIONS TO SELLER'S OBLIGATIONS. In the event any one or more of the conditions to Seller’s the Sellers' obligations are not satisfied or waived in whole or in part at any time prior to or as of the Closing, Sellerthe Sellers, at Seller’s their option, shall be entitled to: (a) terminate this Agreement in accordance with respect to the Property by giving written notice thereof to PurchaserSection 9.1; or (b) proceed to Closing hereunder.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Amc Entertainment Inc)