Latest Closing Date. If the Closing Date has not occurred by January 5, 2007, subject to an extension as may be mutually agreed to by the Parties for a maximum of 14 days per extension, then the Purchaser and the Vendors shall each have the option to terminate this Agreement by delivery of written notice to the other Party. Upon delivery of such notice, this Agreement shall cease to be of any force and effect except for Article “8” hereinbelow, which shall remain in full force and effect notwithstanding the termination of this Agreement.
Latest Closing Date. If the Closing Date has not occurred by December 31, 2007 this Agreement will be terminated and unenforceable unless the Parties hereto agree in writing to grant an extension of the Closing Date.
Latest Closing Date. If the Closing has not occurred within 90 calendar days from the Effective Date, then this Agreement will be terminated and unenforceable unless the Parties hereto agree in writing to grant an extension of such Closing Date.
Latest Closing Date. If the Closing Date in respect of the due and complete exercise of the Option by the Purchaser has not occurred within 120 calendar days from the Effective Date then this Agreement will be terminated and unenforceable unless the Parties hereto agree in writing to grant an extension of such Closing Date.
Latest Closing Date. If the Closing Date has not occurred by December 15, 2005, subject to an extension as may be mutually agreed to by the Parties for a maximum of 14 days per extension, then the Assignee and the Assignor shall each have the option to terminate this Assignment Agreement by delivery of written notice to the other Party. Upon delivery of such notice, this Assignment Agreement shall cease to be of any force and effect except for Section 12 hereinbelow, which shall remain in full force and effect notwithstanding the termination of this Agreement.
Latest Closing Date. If the Closing Date has not occurred by March 31, 2012, this Agreement will be terminated and unenforceable unless the Parties agree in writing to grant an extension of the Closing Date.".
(j) Section "5.4" (titled Documents to be delivered by the Purchaser prior to the Closing Date) of the Property Acquisition Agreement is hereby amended and restated as follows:
Latest Closing Date. Global, Discovery and Discovery agree to cooperate with each other fully, in good faith, and with the view of obtaining all necessary consents, executing and delivering the Definitive Stock Purchase Documentation and the Definitive Loan Documentation, and effecting the closing of the Transactions (the “Closing”) on or before July 1, 2013, or as agreed-to by both parties.
Latest Closing Date. If the Closing Date has not occurred by July 31, 2011 this Agreement will be terminated and unenforceable unless the Parties agree in writing to grant an extension of the Closing Date..."; and
C. As a consequence, in part, of certain delays being experienced by the Purchaser in its proposed Concentric Acquisition, which must complete contemporaneously with the within Acquisition, and for other and good and valuable consideration; the sufficiency of which being hereby acknowledged by each of the Parties; the Parties have agreed to amend section "5.2" and paragraph "13.4(d)" of the Underlying Agreement in the manner as now set forth in this "Amending Agreement To Acquisition Agreement" (the "Agreement") and, correspondingly, the Parties have agreed to enter into Agreement which clarifies the respective duties and obligations of the Parties in those respects in relation to the completion of the Acquisition;
Latest Closing Date. If the Closing Date has not occurred by January 1, 2015 this Agreement may be terminated at the option of either Party on 10 days’ notice to the other parties.
Latest Closing Date. If the Initial Closing Date in respect of the due and complete exercise of the Initial Option by the Optionee has not occurred before June 15, 2015 then this Agreement will be terminated and unenforceable with respect to the exercise of such Initial Option unless the Parties hereto agree in writing to grant an extension of such Initial Closing Date. If the Second Closing Date in respect to the due and complete exercise of the Second Option by the Optionee has not occurred before July 15, 2015, then this Agreement will be terminated and unenforceable with respect to the exercise of the Second Option unless the Parties hereto agree in writing to grant an extension of such Second Option Date.
