Examples of Phase I Closing Date in a sentence
Provided the applicable conditions precedent are satisfied or waived, Developer reserves the right to have the Phase II Closing Date be on the same date as the Phase I Closing Date, which is all cases shall occur first.
For purposes hereof, the “Closing Date” shall mean the date upon each of the Phase I Closing Date and the Phase II Closing Date.
The failure to achieve the Phase I Closing Date or the Phase II Closing Date in the time period specified by this Agreement that is not caused by an Event of Default, shall allow either Party to terminate this Agreement upon written notice to the other Party.
Phase I will close on the Phase I Closing Date and Phase II will close on the Phase II Closing Date.
At any time prior to each of the Phase I Closing Date and the Phase II Closing Date, but at least thirty (30) days prior to the scheduled date thereof, Developer shall notify Successor Agency of the identity of the individual or entity that Developer proposes as the guarantor to provide the Successor Agency Completion Guaranty (“Guarantor”).