Closing Obligations definition
Examples of Closing Obligations in a sentence
The effectiveness of any action taken at the Closing towards fulfillment of any Closing Obligation is conditional upon completion of all other actions taken towards fulfillment of all other Closing Obligations; failure to complete one of said actions shall automatically render all other such actions null and void.
At and after Closing, under the Post-Closing Obligations Agreement Buyer and future Owners release and waive most rights against Seller, and have only contractual rights against, and protections from, JCP&L, including under indemnities and under the right to enforce the Post- Closing Obligations Agreement against Seller, in exchange for Buyer’s and future Owners’ obligations under the Post-Closing Obligations Agreement, with all parties liable for their breaches, if any.
Tenant shall provide all communications regarding the Post Closing Obligations, including Tenant’s proof of satisfactory completion thereof to Landlord, addressed to: Xxxxx X.
Schedule 5 Post Closing Obligations......................................
Notwithstanding the foregoing, in the event that the Final Closing Obligations terminate and the Final Closing does not take place, the representations and warranties in described clauses (a) through (c) above will terminate twelve (12) months after the Initial Closing Date.