Common use of Offer Term Clause in Contracts

Offer Term. The Offer shall commence on the Effective Date and be in effect for a period of 120 days (“Expiration Date”). Buyer must satisfy all contingencies and close on or before the Expiration Date pursuant to Section 14. Under limited circumstances, the Offer may be extended by the Commissioner of DCD for 30 days (“Extended Date”) upon submission by Xxxxx and Seller acceptance of a written request for such extension including the reasons therefore and a check for $250.00. If the Offer term is extended, the extension fee is non-refundable and shall not be credited toward the Purchase Price.

Offer Term. The Offer shall commence on the Effective Date and be in effect for a period of 120 days (“Expiration Date”). Buyer must satisfy all contingencies and close on or before the Expiration Date pursuant to Section 1412 of this Offer. Under limited circumstances, the Offer may be extended by the Commissioner of DCD for 30 up to 45 days (“Extended Date”) upon submission by Xxxxx and Seller acceptance of a written request for such extension including the reasons therefore and a check for $250.00250.00 in payment of an Extension Fee. If the Offer term is extended, the extension fee Extension Fee is non-refundable and shall not be credited toward the Purchase Price.

Offer Term. The Offer shall commence on the Effective Date and be in effect for a period of 120 45 days (“Expiration Date”). Buyer must satisfy all contingencies and close on or before the Expiration Date pursuant to Section 1411 of this Offer. Under limited circumstances, the Offer may be extended by the Commissioner of DCD for up to 30 days (“Extended Date”) upon submission by Xxxxx and Seller acceptance of a written request for such extension including the reasons therefore therefor and a check for $250.00250.00 in payment of an Extension Fee. If the Offer term is extended, the extension fee Extension Fee is non-refundable and shall not be credited toward the Purchase Price.