Expiration of the Due Diligence Period definition

Expiration of the Due Diligence Period is defined in Section 2.3(a).
Sample 1Sample 2Sample 3

Examples of Expiration of the Due Diligence Period in a sentence

  • The consummation of the transaction contemplated by this Agreement (the “Closing”) will occur on the date that is 15 days after the Expiration of the Due Diligence Period or such earlier date as the parties shall mutually agree in writing (the “Closing Date”); provided, however, that Seller may elect to extend the Closing Date for not more than 30 days in connection with Seller’s selection of an alternate title insurance company pursuant to Section 2.2(c).

  • Unless Purchaser delivers written notice to Seller prior to the Expiration of the Due Diligence Period stating that it is electing to terminate this Agreement, Purchaser shall be deemed to have waived its right to terminate this Agreement under this Section 2.4 and to have elected to proceed with the purchase of the Interests pursuant to this Agreement, and the Deposit shall be non-refundable to Purchase except as otherwise provided in this Agreement.

  • At any time prior to the Expiration of the Due Diligence Period, Purchaser may elect, for any reason or no reason, to terminate this Agreement.

  • Buyer shall have delivered an Approval Notice on or before the expiration of the Due Diligence Period, and Buyer shall have delivered the Additional Deposit to the Escrow Holder on or before the third (3rd) Business Day after the Expiration of the Due Diligence Period.

  • The Deposit shall be released and delivered to Buyer upon: 1) delivery of a Disapproval Notice by Buyer or Expiration of the Due Diligence Period without Buyer’s deliver of an Approval Notice; and 2) delivery of written notice by Buyer to Seller and Escrow Agent confirming termination of this Agreement and instructing cancellation of escrow.

  • On or prior to the Expiration of the Due Diligence Period, unless Purchaser has terminated this Agreement pursuant to Section 2.4, Purchaser shall deposit with the Escrow Agent an amount equal to $86,154 (the “Additional Deposit”) in cash by wire transfer of immediately available federal funds, and failing which, Seller may terminate this Agreement by giving written notice to Purchaser.

  • On or prior to the Expiration of the Due Diligence Period, unless Purchaser has terminated this Agreement pursuant to Section 2.4, Purchaser shall deposit with the Escrow Agent an amount equal to $215,384 (the “Additional Deposit”) in cash by wire transfer of immediately available federal funds, and failing which, Seller may terminate this Agreement by giving written notice to Purchaser.

  • On or prior to the Expiration of the Due Diligence Period, unless Purchaser has terminated this Agreement pursuant to Section 2.4, Purchaser shall deposit with the Escrow Agent an amount equal to $236,923 (the “Additional Deposit”) in cash by wire transfer of immediately available federal funds, and failing which, Seller may terminate this Agreement by giving written notice to Purchaser.

  • On or prior to the Expiration of the Due Diligence Period, unless Purchaser has terminated this Agreement pursuant to Section 2.4, Purchaser shall deposit with the Escrow Agent an amount equal to $123,078 (the “Additional Deposit”) in cash by wire transfer of immediately available federal funds, and failing which, Seller may terminate this Agreement by giving written notice to Purchaser.

  • Upon the Expiration of the Due Diligence Period (as defined below), the Deposit shall not be returned to Buyer unless escrow fails to close due to (i) Seller’s breach or default under this Agreement or In the event Buyer shall elect to terminate or shall be deemed to have terminated this Agreement during the Due Diligence Period (, the Deposit (and any interest accrued thereon) shall be returned to Buyer as provided in Section 3.6.

Related to Expiration of the Due Diligence Period

  • Due Diligence Period has the meaning set forth in Section 4.1.

  • Inspection Period means the period beginning on the Effective Date and expiring at 5:00 p.m. eastern time on the forty-fifth day after the Effective Date.

  • On-going Due Diligence means regular monitoring of transactions in accounts to ensure that they are consistent with the customers’ profile and source of funds.

  • Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Expiration means an end to the Contract due to the completion in full of the mutual performances of the parties or due to the Contract’s term being completed.

  • Study Period means the period commencing at 9:00 a.m. on the date hereof, and continuing through 5:00 p.m. on the Closing Date.

  • Review Period has the meaning set forth in Section 2.04(c)(i).

  • Customer Due Diligence (CDD) means a process which involves establishing the identity of a client, the identity of the client’s beneficial owners in respect of legal persons and monitoring all transactions of the client against the client’s profile;

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Wind-Down Period has the meaning set forth in Section 10.6(c).

  • Improvement warranty period means a period:

  • Due Diligence means examinations, inspections, investigations, tests, studies, analyses, appraisals, evaluations and/or investigations with respect to the Property, the Documents, and other information and documents regarding the Property, including, without limitation, examination and review of title matters, applicable land use and zoning Laws and other Laws applicable to the Property, the physical condition of the Property, and the economic status of the Property.

  • Due Diligence Examination shall have the meaning set forth in Section 3.2.

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

  • Due Diligence Review means the performance by Buyer of any or all of the reviews permitted under Section 44 hereof with respect to any or all of the Loans or Seller or related parties, as desired by Buyer from time to time.

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

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

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

  • Emergency period means the period during which a public

  • Examination Period means the last ten reporting cycles including the reporting cycle in which the involuntary examination is commenced except for instruments evidencing ownership, or rights to them or funds paid toward the purchase of them, or any dividend, capital credit, profit, distribution, interest, or payment on principal or other sum, held or owed by a holder, including funds deposited with a fiscal agent or fiduciary for payment of them, or pertaining to debt of a publicly traded corporation.

  • Notice Period has the meaning set forth in Section 5.09(e).

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

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Termination Date The scheduled Agreement “termination date” shall be the last day of the month of the month of the Original Solicitation’s Anticipated Award Date plus three years. Example: If the original term is approximately three years, and the solicitation provides an anticipated award date of May 22, 2020, the expiration date of the original three-year term shall be May 31, 2023. Extensions: Any extensions of the original term shall begin on the next day after the day the original term expires.

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Expiration Time has the meaning set forth in Section 3.