Common use of Postpone Closing Clause in Contracts

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option (iii) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30, 2007, so that it may attempt to cure one or more Asserted Defects. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Imperial Petroleum Inc), Purchase and Sale Agreement (Apollo Resources International Inc)

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Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option (iii) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30August 9, 20072006, so that it may attempt to cure one or more Asserted Defects. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Whittier Energy Corp)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option options (iii) or (iv) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30August 31, 2007, so that it may attempt to cure one or more Asserted Defects2004. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Petrohawk Energy Corp)

Postpone Closing. (A) Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option options (iii) or (iv) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September November 30, 2007, so that it may attempt to cure one or more Asserted Defects2010. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kodiak Oil & Gas Corp)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option (iii) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30July 31, 20072006, so that it may attempt to cure one or more Asserted Defects. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Whittier Energy Corp)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option (iii) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30January 4, 2007, so that it may attempt to cure one or more Asserted Defects2008. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (EV Energy Partners, LP)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option (iii) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30August 10, 2007, so that it may attempt to cure one or more Asserted Defects. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Imperial Petroleum Inc)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option options (iii) or (iv) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30August 15, 2007, so that it may attempt to cure one or more Asserted Defects2008. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Xto Energy Inc)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option (iii) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30March 31, 2007, so that it may attempt to cure one or more Asserted Defects1999. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Burlington Resources Coal Seam Gas Royalty Trust)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option options (iii) or (iv) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30April 5, 2007, so that it may attempt to cure one or more Asserted Defects. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (EV Energy Partners, LP)

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Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option options (iii) or (iv) below with respect to one or more Asserted Defects), Seller may postpone delay the Closing Date, as defined in Section 6.1, for up to 30 days by designating a new Closing Date not later than September 30, 2007, so that it may attempt to cure one or more Asserted DefectsDate. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Wiser Oil Co)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option (iii) options pursuant to Section 2.6 below with respect to one or more Asserted Defects), Seller may postpone the Closing for all Sellers by designating a new Closing Date not later than September 30March 1, 2007, so that it may attempt to cure one or more Asserted Defects2005. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Petrohawk Energy Corp)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option options (iii) or (iv) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30June 15, 2007, so that it may attempt to cure one or more Asserted Defects2000. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (3tec Energy Corp)

Postpone Closing. Whether or not Seller has then begun to, or ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option (iii) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September June 30, 20072006, so that it may attempt to cure one or more Asserted Defects. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Whittier Energy Corp)

Postpone Closing. Whether or not Seller has then begun to, or ---------------- ever begins to, cure one or more Asserted Defects (and whether or not Seller has elected option options (iii) or (iv) below with respect to one or more Asserted Defects), Seller may postpone the Closing by designating a new Closing Date not later than September 30October 10, 2007, so that it may attempt to cure one or more Asserted Defects1997. Notwithstanding any such election to postpone Closing, Seller shall still have no obligation to cure Asserted Defects.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Inland Resources Inc)

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