Examples of Adjourned Closing Date in a sentence
As used herein, the term “Closing Date” shall mean the Initial Scheduled Closing Date and the Purchaser Adjourned Closing Date, as applicable.
Each party shall have the right to adjourn the Closing Date for three (3) Business Days (the “Adjourned Closing Date”, together with the Initial Closing Date, the “Closing Date”) by sending written notice of same to the non-electing party no later than two (2) Business Days prior to the Initial Closing Date or Adjourned Closing Date, as applicable.
The Closing shall be held on the date which is ten (10) days following expiration of the Due Diligence Period (the "SCHEDULED CLOSING DATE"), or such other date as Seller may set for the Closing if it elects to extend said date pursuant to Section 4.1, Section 4.6, Section 11.1(b) or Section 12.1(b) as the Adjourned Closing Date.
At any time at least ten (10) Business Days prior to the Scheduled Closing Date, Buyer shall have the one time right, upon written notice to Seller, to adjourn the Scheduled Closing Date until not later than September 29, 2014 (the “Scheduled Adjourned Closing Date”), which shall become the Scheduled Closing Date for all purposes under this Agreement and, as to which Scheduled Adjourned Closing Date, TIME SHALL BE OF THE ESSENCE with respect to the obligations of Buyer under this Agreement.
The reference in Section 4.4 of the Purchase Agreement to “the Purchaser Adjourned Closing Date II” are hereby deleted.
Should Seller choose to remedy the Unacceptable Exceptions, Seller shall have up to thirty (30) days within which to take such action as Seller, Purchaser and Purchaser's title insurance company deem appropriate to clear or remove said Unacceptable Exceptions and the Closing shall be postponed for up to such thirty (30) days (the "Adjourned Closing Date").
As used in this Agreement, the term “Closing Date” shall mean the Initial Scheduled Closing Date, the Purchaser Adjourned Closing Date, or any then-applicable Seller Adjourned Closing Date, as applicable; provided, however, if such date is not a Business Day then the Closing Date shall be the first (1st) Business Day immediately following such date.
If Purchaser fails to give such notice of the Closing Date, the Closing shall be at the offices of the Title Company, 0000 Xxxxxxx Xxxxxxxx Xxxx, Xxxxx 000, Xxxxxxx, Xxxxxxx 30399, at 10:00 a.m. on February 21, 2006 (unless Purchaser shall elect by written notice timely given as set forth above to adjourn the Closing to a date not later than the First Adjourned Closing Date or the Outside Closing Date, as the case may be).
Prior to the Adjourned Closing Date Buyer may at any time waive such requirement and close the transaction without adjustment or reduction in the Purchase Price.
If Purchaser fails to give such notice of the Closing Date, the Closing shall be at the offices of the Title Company, 0000 Xxxxxxx Xxxxxxxx Xxxx, Xxxxx 000, Xxxxxxx, Xxxxxxx 00000, at 10:00 a.m. on February 21, 2006 (unless Purchaser shall elect by written notice timely given as set forth above to adjourn the Closing to a date not later than the First Adjourned Closing Date or the Outside Closing Date, as the case may be).