Proration Date Closing Date and Closing Procedures and Requirements Sample Clauses

Proration Date Closing Date and Closing Procedures and Requirements. A. The “Closing” on the sale of the Properties, shall occur on a date not more than thirty (30) days after the expiration of the Due Diligence Period (the “Closing Date”). Notwithstanding the foregoing, Purchaser shall have the right to extend the Closing Date for up to thirty (30) days if Purchaser’s survey of the Properties is not available on the scheduled Closing Date. The Closing shall be coordinated and conducted through the Escrow Agent’s office and neither party shall be required to personally attend the Closing. Closing shall be deemed to have occurred when all of the conditions to such Closing (as set forth in this Agreement) have either been satisfied or waived, the Escrow Agent holds a settlement statement signed by the applicable Sellers, a settlement statement signed by Purchaser, and all of the funds and all of the other documents required by this Agreement, and Sellers and Purchaser have authorized Escrow Agent to disburse the Total Purchase Price and deliver such documents in accordance with the provisions of this Agreement. /373065/6#47614343 v3
Sample 1
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Proration Date Closing Date and Closing Procedures and Requirements 
Sample 1

Related to Proration Date Closing Date and Closing Procedures and Requirements

  • Post-Closing Requirements Borrowers shall complete each of the post-closing obligations and/or provide to Agent each of the documents, instruments, agreements and information listed on Schedule 7.4 attached hereto on or before the date set forth for each such item thereon, each of which shall be completed or provided in form and substance satisfactory to Agent.

  • Closing Requirements Closing shall occur after approval of title commitment, as described hereinabove.

  • Seller’s Closing Conditions The obligations of Seller under this Agreement are subject, at the option of Seller, to the satisfaction, at or prior to the Closing, of the following conditions:

  • Post-Closing Conditions On or before each of the dates specified in this Section 4.3, Borrower shall satisfy each of the items specified in the subsections below:

  • FPS Closing Conditions (a) The obligation of the Purchaser to purchase the Forward Purchase Securities at the FPS Closing under this Agreement shall be subject to the fulfillment, at or prior to the FPS Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may be waived by the Purchaser:

  • Buyer’s Closing Conditions The obligations of Buyer under this Agreement are subject, at the option of Buyer, to the satisfaction, at or prior to the Closing, of the following conditions:

  • Purchaser’s Closing Conditions The Purchaser’s obligations to close the transactions described in this Agreement are subject to the satisfaction at or prior to Closing of the following conditions precedent (the “Purchaser’s Closing Conditions”):

  • Company Closing Conditions The Company’s obligation to consummate the transaction hereunder at the Closing shall be subject to the following conditions, any one or more of which may be waived by the Company:

  • Buyer's Closing Obligations At Closing, Buyer shall deliver to Seller the following:

  • Seller’s Closing Obligations At Closing, Seller shall execute and deliver, or cause to be executed and delivered, to Buyer the following:

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