Common use of Period Until Closing Clause in Contracts

Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the Closing. If the Assets are damaged or lost prior to the Closing and their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have [#] day(s) to negotiate such loss of value or this Agreement shall be considered void with any Deposit made by the Buyer to be refunded. XVII.

Appears in 3 contracts

Samples: Purchase Agreement, Purchase Agreement, Asset Purchase Agreement

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Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the Closing. If the Assets are damaged or lost prior to the Closing and that their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have [#] day(s) days to negotiate such loss of value or this Agreement shall be considered void with any Deposit made by the Buyer to be refunded. XVII.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement

Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the Closing. If the Assets are damaged or lost prior to the Closing and their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have [#] day(s) to negotiate such loss of value or this Agreement shall be considered void with any Deposit made by the Buyer to be refunded. XVII.

Appears in 3 contracts

Samples: Website Purchase Agreement, Asset Purchase Agreement, Property Purchase Agreement

Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the Closing. If the Assets are damaged or lost prior to the Closing and that their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have [#] day(s) to negotiate such loss of value or this Agreement shall be considered void with any Deposit made by the Buyer to be refunded. XVII.

Appears in 1 contract

Samples: Asset Purchase Agreement

Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the Closing. If the Assets are damaged or lost prior to the Closing and their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have [#] day(sFive (5) days to negotiate such loss of value or this Agreement shall be considered void with any Deposit made by the Buyer to be refunded. XVIIvalue.

Appears in 1 contract

Samples: Asset Purchase Agreement (GPO Plus, Inc.)

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Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the ClosingAgreement. If the Assets are damaged or lost prior to the Closing and that their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have [#] day(s) [#] days to negotiate such loss of value or this Agreement shall be considered void with any Deposit made by the Buyer to be refunded. XVII.

Appears in 1 contract

Samples: Business Purchase Agreement

Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the Closing. If the Assets are damaged or lost prior to the Closing and that their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have [_ (#] day(s) days to negotiate such loss of value or this Agreement shall be considered void with any Deposit made by the Buyer to be refunded. XVII.

Appears in 1 contract

Samples: Asset Purchase Agreement

Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the ClosingAgreement. If the Assets are damaged or lost prior to the Closing and that their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have [#] day(s) _ days to negotiate such loss of value or this Agreement shall be considered void with any Deposit made by the Buyer to be refunded. XVII.

Appears in 1 contract

Samples: Business Purchase Agreement

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