Examples of Outside Settlement Date in a sentence
If the conditions precedent in this Sections 5(e) above are not satisfied as of the Outside Settlement Date, Buyer may exercise any of the remedies set forth in this Agreement, as applicable, or waive such conditions in whole or in part and proceed to Settlement.
The Measurement shall be binding on Seller and Purchaser, unless prior to the Outside Settlement Date, either Seller or Purchaser delivers written notice to the other party specifying deviations from the BOMA Standard, in which event, the consultant shall be instructed to revise the results of the Measurement to comply with the BOMA Standard and such revision shall be binding on Seller and Purchaser.
The final environmental assessments as Purchaser may elect to undertake shall be addressed to Purchaser and be dated, by updated if necessary given the Outside Settlement Date contemplated by this Agreement, not earlier than sixty (60) days prior to the Settlement Date, but to be commenced promptly following the Effective Date of this Agreement.
If Purchaser extends under clause (iii) but all Conditions Precedent still have not been satisfied as of the Outside Settlement Date, Purchaser shall have the right to terminate under clause (i) or waive under clause (ii).
Notwithstanding the foregoing, in the event that any of the Conditions to Settlement set forth in Paragraph 9.3 have not been satisfied in Buyer's sole discretion on or before the Outside Settlement Date, then Buyer may extend the Outside Settlement Date for three (3) consecutive extension periods of one (1) month each by delivering written notice of each such extension to Seller on or before the then-applicable Outside Settlement Date.
If by the Outside Settlement Date, Seller is unable to deliver the requisite number of Tenant Estoppels to Purchaser and Purchaser's lender, Seller shall deliver to Purchaser an estoppel certificate dated as of the Outside Settlement Date certifying to the best of Seller's knowledge after due inquiry and investigation the matters set forth in the Tenant Estoppel.
Any Delayed Properties for which Settlement has not occurred by the Outside Settlement Date and for which Seller fails to indemnify Purchaser in accordance with Section 19 hereof shall be removed from this Agreement.
This Section 11(b) shall survive the Outside Settlement Date or the earlier termination of this Agreement.
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If the conditions precedent in this Section 5(f) above are not satisfied as of the Outside Settlement Date, Seller may exercise any of the remedies set forth in this Agreement, as applicable, or waive such conditions in whole or in part and proceed to Settlement.