No Closing Condition Sample Clauses
The "No Closing Condition" clause establishes that the completion of a transaction is not contingent upon the fulfillment of any specific conditions precedent. In practice, this means that the parties agree to proceed to closing without requiring the satisfaction of customary requirements such as regulatory approvals, third-party consents, or the absence of material adverse changes. This clause streamlines the transaction process by eliminating potential obstacles or delays, ensuring a faster and more certain path to closing.
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No Closing Condition. Without limiting the obligations of the Parties under Section 9.3.1 (including Seller’s obligation to cause the execution and delivery of the Beverage Services Agreement), the Parties do hereby specifically acknowledge and agree that to the extent the Liquor Licenses are not transferable or have not been effectively transferred to Purchaser on the Closing Date, such failure shall not constitute a Purchaser Closing Condition Failure, shall not affect in any manner whatsoever the Closing, and the Closing shall proceed without any delay or interruption whatsoever. 8.
No Closing Condition. Buyer acknowledges and agrees that its obligation to consummate the Contemplated Transactions is not conditioned upon any Financings being made available to Buyer or consummated as of the Closing Date.
No Closing Condition. Subject to the provisions of this Section, without limiting the obligations of the Parties under Section 11.2.1 and 11.3.1, the Parties do hereby specifically acknowledge and agree that to the extent the Existing Operating Licenses for any of the Communities are not transferable and/or have not been effectively transferred to Buyer on the Closing Date, subject to Seller’s delivery at Closing of all required Interim Bridging Documents as provided in Section 11.3.3 below, such failure shall not constitute a Buyer Closing Condition Failure, shall not affect in any manner whatsoever the Closing, and Closing shall proceed without any delay or interruption whatsoever.