Examples of Initial Funding Expiration Date in a sentence
Therefore, based on the above, the development is noted to improve local economy and job creating without adverse impacts on the environment.
At the request of Seller delivered to Buyer in writing no later than ninety (90) days before the first anniversary of the Closing Date, so long as the Target Capital Trigger Date has not occurred, Buyer may in its sole and absolute discretion grant one extension of the Initial Funding Expiration Date for a period of one (1) year by giving notice approving such extension request before the expiration of the Initial Funding Expiration Date (the “Funding Period Extension Option”).
Initial Funding Expiration Date, as such date may be extended pursuant to Section 3.06(b).
The failure of Buyer to so deliver such notice to Seller approving the requested extension of the Initial Funding Expiration Date shall be deemed to be Buyer’s determination not to extend the Initial Funding Expiration Date.