Common use of FAILURE OF CONDITIONS TO SELLER'S OBLIGATIONS Clause in Contracts

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.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (Peak Resorts Inc), Agreement of Sale and Purchase (Peak Resorts Inc)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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)

Time is Money Join Law Insider Premium to draft better contracts faster.