Seller’s Response. (Check appropriate paragraph letter) This , at AM PM Noon
Seller’s Response. In the event that Buyer notifies Seller of Asserted Defects:
Seller’s Response. Seller shall have until the earlier of five (5) days after receipt of Buyer’s objections pursuant to Section 4(a)(ii)(A) and five (5) days after the expiration of the Title Review Period (as such date may be extended with respect to Survey-Related Exceptions) to give Buyer notice: (i) that Seller will remove any objectionable exceptions from title and provide Buyer with evidence satisfactory to Buyer of such removal, or provide Buyer with evidence satisfactory to Buyer that said exceptions will be removed on or before the Closing; or (ii) that Seller elects not to cause such exceptions to be removed.
Seller’s Response. If Buyer timely delivers any Objection Notice pursuant to Paragraph 6(b), Seller may deliver a written notice (a “Response”) to Buyer on or before ten (10) Business Days after receipt of the Objection Notice, which Response shall state what actions (if any) Seller intends to take with respect to, and their anticipated effect on, the matters to which Buyer has objected. If Seller fails to timely deliver a Response, then Seller shall be conclusively deemed to have delivered a Response indicating that Seller will not remove any of the matter(s) objected to by Buyer unless Seller is otherwise expressly obligated to do so under any provision of this Agreement. If the Response does not state an intention to fully remove each matter to which Xxxxx has objected, Buyer may deliver written notice to terminate this Agreement within five (5) Business Days after Buyer receives the Response, in which event the Xxxxxxx Money Deposit shall be refunded to Buyer, this Agreement shall terminate, and Paragraph 7 shall govern the parties’ actions. If Buyer has conditionally waived an objection (based upon Seller’s statement in the Response), and the condition is not satisfied by the Closing Date despite Seller’s good faith efforts, Buyer shall have the right, as its sole remedy therefor, either to (i) elect to terminate this Agreement on the Closing Date, in which event the Xxxxxxx Money Deposit shall be refunded to Buyer, whereupon this Agreement shall terminate, and Paragraph 7 shall govern the parties’ actions, or (ii) proceed with this transaction and waive such objection in writing on or before the Closing Date. If Xxxxx fails to make a timely election pursuant to the preceding sentence, Xxxxx shall be deemed conclusively to have elected to terminate according to clause (i) of the preceding sentence. In the event that Buyer waives an objection, such exception shall be part of the Permitted Exceptions hereunder.
Seller’s Response. SELLER shall have ten (10) days from the receipt of any Disapproval Notice to give BUYER notice of which objections, if any, SELLER will cause to be eliminated (together with evidence of Sellers' ability to do so) and any objections that SELLER will not cause to be eliminated ("SELLER's Response"). If SELLER does not agree to cause an objection to be eliminated, BUYER shall have a period ten (10) days from receipt of SELLER's Response, to give notice to SELLER of BUYER's election either to (a) revoke BUYER's objection and agree to accept the Property subject to the exception or item previously objected to, or (b) elect to terminate this Agreement and the Escrow by giving SELLER and Escrow Agent notice of such election to terminate within ten (10) days from the receipt of SELLER's Response. If BUYER fails to timely give such termination notice, such right of termination shall be deemed waived, and BUYER shall be deemed to have revoked BUYER's objection.
Seller’s Response. Seller shall deliver to Buyer an Addendum (If this offer is accepted with no changes) or a Seller’s counter offer including the final purchase price based on the above escalation amount added to the highest bona fide offer the Seller has received. Seller to provide a copy of the competing offer that initiated this escalation addendum. Seller may obscure the competing Buyer’s name and address for purposes or privacy.
Seller’s Response. Upon being notified by Buyer pursuant to Section 5.02 of any asserted Defective Interest, Seller shall give a written responsive notice to Buyer within ten (10) days from receipt of Buyer’s notice that Seller (i) intends to correct the asserted Defective Interest, (ii) does not intend to correct the Defective Interest, or (iii) disagrees that the asserted Defective Interest exists or the asserted reduction in value of the affected Assets proposed by Buyer as a result of the Defective Interest. If Seller gives notice of intent to correct such asserted Defective Interest, it shall have a period of thirty (30) days from the receipt of the Buyer’s notice (the “Cure Period”) to correct such asserted Defective Interest at its own expense, and the Closing Date as to that Defective Interest shall be extended until the third day after the earliest to occur of the following: (x) the Defective Interest is corrected, (y) the Seller notifies Buyer it cannot correct the Defective Interest, or (z) the expiration of the Cure Period.
Seller’s Response. The Proposed Final Closing Statement (and the proposed final determinations of the Closing Working Capital, the Closing Transaction Expenses, the Closing Debt Amount and the Purchase Price reflected thereon) will be final, conclusive and binding on the Parties for purposes of this Section 2.05(d) unless the Wexford Sellers Representative provides a written notice (a “Seller Response Notice”) to Buyer no later than the twentieth (20th) Business Day after the delivery to the Sellers of the Proposed Final Closing Statement. Any Seller Response Notice must set forth in reasonable detail (i) any item on the Proposed Final Closing Statement which the Sellers believe has not been prepared in accordance with this Agreement and the correct amount of such item and (ii) the Sellers’ alternative calculation of the Closing Working Capital, the Closing Transaction Expenses, the Closing Debt Amount and the Purchase Price, as applicable. Any item or amount to which no dispute is raised in the Seller Response Notice will be final, conclusive and binding on the Parties for purposes of this Section 2.05 after such twentieth (20th) Business Day.
Seller’s Response. In the event that Buyer notifies any Seller of Asserted Defects, Seller may elect to:
(i) Cure. Seller may (but shall have no obligation to) attempt to cure, prior to Closing, one or more Asserted Defects.
Seller’s Response. By no later than 45 days following its receipt of a Certificate of Defect, Seller shall notify Purchaser in writing that Seller either: (i) disputes that the alleged defect or breach exists, (ii) intends to attempt to cure such defect or breach within the Cure Period, or (iii) will repurchase the allegedly Defective Loan and the date on which such repurchase shall occur, which in no event shall be later than 10 days after Seller’s response. If Seller fails to so notify Purchaser within the applicable 45 day period, then Seller shall be deemed to have elected to repurchase the allegedly Defective Loan. If Seller has given Purchaser notification of Seller’s intention to attempt to cure and if before the end of the Cure Period, Seller has failed to cure the defect or breach, then Seller shall repurchase such Defective Loan within 10 days following the end of such Cure Period.
