Failure of Purchaser Closing Condition. If any Purchaser Closing Condition is not satisfied at Closing, then Purchaser shall have the right to (a) terminate this Agreement by providing written notice to Seller, in which case the Parties shall have no further rights or obligations under this Agreement, except those that expressly survive termination, or (b) waive the failure of such Purchaser Closing Condition and proceed to Closing.
Appears in 4 contracts
Samples: Settlement and Release Agreement, Purchase and Sale Agreement, Settlement and Release Agreement
Failure of Purchaser Closing Condition. If Except as expressly provided in Section 9.4, if any of the Purchaser Closing Condition Conditions is not satisfied at Closing, then Purchaser shall have the right (i) to (a) terminate this Agreement by providing written notice to Seller, in which case the Parties shall have no further rights or obligations under this Agreement, except those that which expressly survive such termination, or (bii) to waive any of the failure of such Purchaser Closing Condition and proceed Conditions at or prior to Closing, in which case the Closing shall be consummated.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Clearview Hotel Trust, Inc.)
