Common use of Waiver of Buyer’s Conditions to Closing Clause in Contracts

Waiver of Buyer’s Conditions to Closing. If any condition to Buyer’s obligation to proceed with the Closing hereunder has not been satisfied as of the Closing Date or other applicable date (other than the condition to Closing set forth in Paragraph 3(d)(iii) for which Buyer’s rights for such failure of the condition to Closing are set forth therein), Buyer shall have the right to (i) nevertheless proceed to Closing, notwithstanding the non-satisfaction of such condition, in which event Buyer shall be conclusively deemed to have waived any such condition, or (ii) terminate this Agreement upon written notice to Seller prior to Closing, in which case the provisions of Paragraph 3(f) shall apply.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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