Risk of Loss; Repairs. (a) If, on or before the Closing Date, any of the Leased Properties or Fee Properties is damaged in material part by fire or other cause, Seller shall promptly notify Purchaser thereof in writing. In such event, Seller may elect to:
Appears in 3 contracts
Samples: Purchase and Sale Agreement (First Nationwide Parent Holdings Inc), Purchase and Sale Agreement (First Nationwide Holdings Inc), Purchase and Sale Agreement (Charter One Financial Inc)
Risk of Loss; Repairs. (a) If, on or before the Closing Date, any of the Leased Properties or Fee Properties is damaged in material part by fire or other cause, Seller shall promptly notify Purchaser thereof in writing. In such event, Seller Purchaser may elect to:
Appears in 1 contract
Samples: Asset Purchase and Sale Agreement (North Fork Bancorporation Inc)