ROFO Closing Conditions Sample Clauses

ROFO Closing Conditions. As promptly as practicable after the Execution Date with respect to the Existing Properties and prior to delivery of a Completion Notice with respect to any Development Properties, PMB LLC and each applicable Transferor shall use good faith efforts to satisfy the requirements specified on Exhibit “BB” attached hereto (collectively, the “ROFO Closing Conditions”); provided, however, that failure or inability of PMB LLC and the applicable Transferor to satisfy the ROFO Closing Conditions shall under no circumstances constitute an event of default by PMB LLC or any such Transferor under this Agreement, but rather shall constitute the non-fulfillment of the Transferee’s Closing Conditions pursuant to Section 6.1.11 hereof, entitling Transferee to exercise its right pursuant to Section 6.2 hereof.
Sample 1
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ROFO Closing Conditions. For purposes of the Contribution Transaction involving the Pomerado Property referenced in Section 2.1 hereof, the portions of the ROFO Closing Conditions contained in Exhibit “BB” attached to the Contribution Agreement relating to the Pomerado Property shall be deleted in their entirety and replaced with the ROFO Closing Conditions set forth on Exhibit “D” attached hereto. NHP and the Operating Partnership each acknowledge that as of the Effective Date hereof, the ROFO Closing Conditions relating to the Pomerado Property have been satisfied.
Sample 1
ROFO Closing Conditions. For purposes of each of the Mission Contribution and the Orange Contribution, respectively, the portions of the ROFO Closing Conditions contained in Exhibit “BB” attached to the Contribution Agreement relating to the Mission Property and the Orange Property shall be deleted in their entirety and replaced with the ROFO Closing Conditions set forth on Exhibit “D” attached hereto.
Sample 1

Related to ROFO Closing Conditions

  • 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:

  • 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”):

  • 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:

  • 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:

  • 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:

  • Closing Conditions (a) The obligations of the Company hereunder in connection with the Closing are subject to the following conditions being met:

  • Closing Conditions to Closing The Lender will not be obligated to make the initial Loans or to obtain any Letters of Credit on the Closing Date, unless the following conditions precedent have been satisfied in a manner satisfactory to Lender:

  • 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:

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

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

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