Common use of Inspection Period & Closing Date Clause in Contracts

Inspection Period & Closing Date. From the Effective Date through the sixtieth (60th) day after the Effective Date (the “Inspection Period”), Buyer may terminate this Agreement for any or no reason upon written notice to Seller and receive a full refund of the Xxxxxxx Money (defined below) without any written permission from Seller, Grant or any other person or entity. The “Closing Date Deadline” means the date which is thirty (30) days after expiration of the Inspection Period; provided, however, that if, as of the tenth (10th) day prior to such date, the approvals or other conditions set forth in Sections 8(a) and 8(c) of this Agreement have not been obtained, the Closing Date Deadline will automatically be extended once for thirty (30) days. The Closing will occur on a mutually agreed to business day by the Closing Date Deadline within ten (10) days after the satisfaction or waiver of the pre-Closing Date conditions contained in Section 8 below.

Inspection Period & Closing Date. From the Effective Date through the sixtieth (60th) day after the Effective Date (the “Inspection Period”), Buyer may terminate this Agreement for any or no reason upon written notice to Seller and receive a full refund of the Xxxxxxx Money (defined below) without any written permission from Seller, Grant Principal or any other person or entity. The “Closing Date Deadline” means the date which is thirty one hundred twenty (30120) days after expiration of the Inspection PeriodEffective Date; provided, however, that if, as of the tenth seventh (10th7th) day prior to such date, the approvals or other conditions set forth in Sections 8(a) and 8(c) of this Agreement have not been obtained, the Closing Date Deadline will automatically be extended once for thirty (30) days. The Closing will occur on a mutually agreed to business day by the Closing Date Deadline within ten (10) days after the satisfaction or waiver of the pre-Closing Date conditions contained in Section 8 below.

Inspection Period & Closing Date. From the Effective Date through the sixtieth seventy fifth (60th75th) day after the Effective Date (the “Inspection Period”), Buyer may terminate this Agreement for any or no reason upon written notice to Seller and Buyer shall receive a full refund of the Xxxxxxx Money (defined below) without any written permission from Seller, Grant Principal or any other person or entity. The “Closing Date Deadline” means the date which is thirty one hundred twenty (30120) days after expiration of the Inspection PeriodEffective Date; provided, however, that if, as of the tenth seventh (10th7th) day prior to such date, the approvals or other conditions set forth in Sections 8(a) and 8(c) of this Agreement have not been obtained, the Closing Date Deadline will automatically be extended once for thirty (30) days, time being of the essence. The Closing will occur on a mutually agreed to business day by the Closing Date Deadline within ten (10) days after the satisfaction or waiver of the pre-Closing Date conditions contained in Section 8 below.