Closing Extension Period definition

Closing Extension Period shall have the meaning set forth in ‎Section 3.2.
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Closing Extension Period shall have the meaning ascribed in Section 9(b).
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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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Examples of Closing Extension Period in a sentence

  • 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”.

  • 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 be revised to reflect the Buyer’s election of remedies under this Section 9(b).

  • 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 (iv) above except that the term “Closing” shall read “Extended Closing” .

  • 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 be revised to reflect the Buyer’s election of remedies under this Section 9(b).

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

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

  • If Sellers do 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”.

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

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


More Definitions of Closing Extension Period

Closing Extension Period shall have the meaning given to such term in Section 18(d)(ii) hereof.
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Related to Closing Extension Period

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.

  • 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 ending five (5) business days prior to

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • 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 (1) two years following such Change in Control or (2) the Executive’s death.

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Extended Term shall have the meaning given such term in Section 2.4.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • 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.

  • Debt service extension base means an amount equal to that

  • 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: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) 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).