Joint Venture Properties Clause Samples
Joint Venture Properties. Closing will not occur on any of the JV Interests. Exhibit "A" has been previously amended to delete reference to the Countrywood Apartments and the Will-▇-▇▇▇▇ Apartments and is hereby further amended to delete reference to the Cambridge Hall Apartments and to Fox Run Apartments (PA).
Joint Venture Properties. Sellers have received letters from the partners in the Joint Ventures for Countrywood Apartments and Will-▇-▇▇▇▇ Apartments withholding their consent to the sale by Sellers of the partnership interests in such entities to Purchaser. Accordingly, Exhibit "A" is hereby amended to delete reference to such Properties.
Joint Venture Properties. Purchaser and Seller acknowledge that, prior to the Transfer with respect to the Joint Venture Properties, Seller must first obtain certain third-party waivers and/or consents prior to Closing, Seller shall have a period of up to one hundred and eighty (180) days after the scheduled Closing Date set forth in Section 9.1 to obtain such waivers and/or consents. In the event that Seller is unable to obtain such waivers and/or consents on or before the expiration of such one hundred and eighty (180) days, the Purchaser and Seller shall each have the option to terminate this Agreement with respect to the applicable Joint Venture Property for which the applicable waiver and/or consent was not obtained in accordance with Section 7.12.
Joint Venture Properties. 56 7.24. Drainage Easement................................................................................. 56 7.25. Master LLC Transfers.............................................................................. 56 7.26. Obletz Loan....................................................................................... 56 7.27. Survival of Agreements............................................................................ 57
Joint Venture Properties