Common use of No Termination of this Agreement Clause in Contracts

No Termination of this Agreement. Neither Seller nor Buyer shall have terminated this Agreement in accordance with the terms hereof. Neither Red Hook Coral LLC, a Delaware limited liability company, as seller, nor Buyer, as buyer, shall have terminated that certain Purchase and Sale Agreement and Joint Escrow Instructions of even date herewith for Buyer’s purchase of the real property located adjacent to the Property (the “Adjacent Property PSA”). The conditions set forth in this Section 7.1 are solely for the benefit of Buyer and may be waived only by Buyer, and no such waiver shall be effective unless specifically contained in a written instrument executed by Buyer and delivered to Seller and Escrow Holder.

Appears in 4 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions

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No Termination of this Agreement. Neither Seller nor Buyer shall have terminated this Agreement in accordance with the terms hereof. Neither Red Hook Coral LLC, a Delaware limited liability company, as seller, nor Buyer, as buyer, shall have terminated that certain Purchase and Sale Agreement and Joint Escrow Instructions of even date herewith for Buyer’s purchase of the real property located adjacent to the Property (the “Adjacent Property PSA”). The conditions set forth in this Section 7.1 are solely for the benefit of Buyer and may be waived only by Buyer, and no such waiver shall be effective unless specifically contained in a written instrument executed by Buyer Xxxxx and delivered to Seller and Escrow Holder.

Appears in 3 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions

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