Common use of Mutual Conditions to Close of Escrow Clause in Contracts

Mutual Conditions to Close of Escrow. The following are conditions precedent to both Parties’ obligations to close Escrow for each fee conveyance of real property from the Agency to Developer, to the extent not expressly waived by both Developer and the Agency in writing (although the provisions of paragraphs (a) through (c) are not waivable):

Appears in 3 contracts

Samples: Disposition and Development Agreement (Five Point Holdings, LLC), Disposition and Development Agreement, Disposition and Development Agreement

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Mutual Conditions to Close of Escrow. The following are conditions precedent to both Parties’ obligations to close Escrow for each fee conveyance of real property from the Agency Authority to Developer (or, with respect to the Critical Commercial Parcels, Developer’s and the Authority’s obligation to enter into an LDDA for the Critical Commercial Parcels to the extent such condition precedent is applicable), to the extent not expressly waived by both Developer and the Agency Authority in writing (although the provisions of paragraphs (a) through (c) are not waivable):

Appears in 1 contract

Samples: Disposition and Development Agreement

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