Examples of Feasibility Period in a sentence
Upon the expiration of the Feasibility Period and upon the consummation of the Closing, Purchaser shall be deemed to have waived any breach of representation or warranty by Seller that was Disclosed to Purchaser at such point.
From and after the date that is 5 Business Days prior to the expiration of the Feasibility Period, Seller will not enter into new Property Contracts, new Leases or modify or terminate existing Leases or Property Contracts (unless such Leases or Property Contracts are terminable without penalty on no more than thirty (30) days’ notice) except upon five (5) Business Days prior written notice to Purchaser and with the prior written consent of Purchaser, which consent shall be in Purchaser’s sole discretion.
Purchaser agrees that the Feasibility Period has expired simultaneously with the execution of this Agreement and that the Deposit (including both the Initial Deposit and, when delivered in accordance with Section 5.1, the Additional Deposit) shall be non-refundable (except as otherwise expressly set forth herein), and Purchaser’s obligation to purchase the Property shall be conditional only as specifically provided in this Agreement.