Closing Extension Period definition

Closing Extension Period shall have the meaning set forth in ‎Section 3.2.
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Closing Extension Period has the meaning ascribed to such term in Section 10.8(b).
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Closing Extension Period shall have the meaning given to such term in Section 18(d)(ii) hereof.
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Examples of Closing Extension Period in a sentence

  • If the Closing does not occur by July 31, 2023 for reasons attributable to the Sellers, the Purchaser shall not be required to pay interest on the Balance Payment to the Sellers for the Closing Extension Period.

  • If Seller so extends the Closing Date, then Buyer may, but shall not be obligated to, cause said conditions to be satisfied during the Closing Extension Period.

  • If Seller does not cause said conditions to be satisfied during the Closing Extension Period, then Buyer shall have the remedies set forth in Section 9(b) (i) through (iii) above except that the term “Closing” shall read “Extended Closing”.

  • The pricing sheet will include the District’s item code number by each specific item.

  • If Buyer so extends the Closing Date, then Seller may, but shall not be obligated to, cause said conditions to be satisfied during the Closing Extension Period.

  • During the Closing Extension Period, the Receiver and Purchaser continued to engage in discussions regarding closing.

  • At the conclusion of, or upon agreement of the parties, during, the Second Closing Extension Period, Buyer shall close the Vista II Property transaction utilizing the Cap Rate in accordance with Section 2.1(b) hereof to calculate the Vista II Purchase Price based on actual occupancy on the Closing Date by Tenants under Qualifying Leases but subject to a stipulated minimum purchase price equal to the Vista II Minimum Purchase Price.

  • If Seller does not cause said conditions to be satisfied during the Closing Extension Period, then Buyer shall have the remedies set forth in Section 9(b)(i) through (iii) above.

  • As of the date of this Fourth Report, the Receiver continues discussions with the Purchaser in anticipation of closing the transaction prior to the expiry of the Second Closing Extension Period.

  • If Buyer so elects to extend the scheduled date for the Closing, then Seller may, but shall not be obligated to, cause said conditions to be satisfied during the Closing Extension Period.


More Definitions of Closing Extension Period

Closing Extension Period to permit Seller to remedy any such default, and the “Closing Date” shall be moved to the last day of the Closing Extension Period. If Buyer so extends the Closing Date, then Seller may, but shall not be obligated to, cause said conditions to be satisfied during the Closing Extension Period. If Seller does not cause said conditions to be satisfied during the Closing Extension Period, then Buyer shall have the remedies set forth in Section 9(b) (i) through (iii) above, except that the term “Closing” shall read “Extended Closing.” Notwithstanding the foregoing, if Seller willfully defaults in its obligation to sell and convey the Property to Buyer pursuant to this Agreement and the remedy of specific performance as provided in clause (iii) above is not available to Buyer because Seller has sold or conveyed the Property to another party, then Buyer shall, in addition to the foregoing remedies, be permitted to pursue any and all rights and remedies available to Buyer at law or in equity; provided, however, in no event shall Seller be liable to Buyer for any punitive, speculative or indirect consequential damages. If specific performance is not available as described in the immediately preceding sentence, Seller shall pay to Buyer all actual expenses, including reasonable attorneys’ fees actually incurred, incurred by Buyer in such specific performance action.
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Related to Closing Extension Period

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Extension Period has the meaning set forth in Section 2.11.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Extension Deadline means, with respect to a letter of credit, the Cutoff Time on the Business Day preceding the day on which the letter of credit expires.

  • Extension Term means the time period defined in §2.C.

  • Acquisition Period means the period beginning, at the election of the Company, with the funding date of the purchase price for a Specified Acquisition and ending on the earliest of (a) the third following fiscal quarter end, (b) the Company’s receipt of proceeds of a Specified Equity Offering; and (c) the Company’s election in writing to terminate such Acquisition Period.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Extended Term shall have the meaning set forth in Section 2.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Lease Termination Date means the last day of the Lease Term.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Extension Date has the meaning specified in Section 2.19(b).

  • Extension Effective Date has the meaning specified in Section 2.06(c).