Property Approval Period definition

Property Approval Period shall have the meaning ascribed to such term in Section 5.4.
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Property Approval Period means the period commencing on the Effective Date and ending at 5:00 p.
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Property Approval Period means the period commencing on the date of this Agreement and ending on the last to occur of the date (the "Property Approval Deadline") which is (a) twenty (20) business days after the date of execution of this Agreement, or (b) twenty (20) business days after the date on which all of the documents described in sections 5.1 and 5.5 have been delivered to Buyer. Buyer may determine whether or not the Property is acceptable to Buyer within the Property Approval Period. If during the Property Approval Period Buyer determines that the Property is not acceptable for any reason whatsoever, then Buyer shall have the right, by giving notice to Seller, to terminate this Agreement. In addition, if Buyer fails to obtain the Board Approval (as defined in section 8.2(a)) by the Board Approval Date, than Buyer shall have the right, by giving notice to Seller, to terminate this Agreement. If Buyer exercises the right to terminate this Agreement in accordance with this section 5.4, this Agreement shall terminate as of the date such termination notice is given by Buyer. If Buyer does not exercise the right to terminate this Agreement in accordance with this section 5.4, then this Agreement shall continue in full force and effect, and Buyer shall have no further right to terminate this Agreement pursuant to this section 5.
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Examples of Property Approval Period in a sentence

  • Purchaser, in Purchaser’s sole and absolute discretion, may determine whether or not the Property is acceptable to Purchaser within the Property Approval Period.

  • Buyer shall determine whether or not the Property is acceptable to Buyer within the Property Approval Period.

  • Such a dispensation may be granted only for serious reason and when the Catholic party has a genuine commitment to continue active practice of Catholicism.

  • From the expiration of the Property Approval Period until the Closing, not enter into any new lease or any amendments, expansions or renewals of Tenant Leases, or terminate any Tenant Lease, without the prior written consent of Purchaser, which consent may be withheld in Purchaser’s sole discretion.

  • Buyer, in Buyer's sole and absolute discretion, may determine whether or not the Property is acceptable to Buyer within the Property Approval Period.

  • Accordingly, Purchaser may terminate this Agreement pursuant to the previous sentence by delivering written notice thereof to Seller and the Title Company no later than the expiration of the Property Approval Period, and Title Company shall return to Purchaser the Xxxxxxx Money Deposit pursuant to the terms of Section 4.6 hereof.

  • Within two (2) business days following the expiration of the Property Approval Period, and provided Buyer has not previously delivered Buyer's Termination Notice, Buyer shall deliver to Escrow Holder the Additional Deposit (the Additional Deposit, together with the Initial Deposit, shall be hereafter referred to collectively as the "Deposit").

  • Buyer, in Buyer’s sole and absolute discretion, may determine whether or not the Property is acceptable to Buyer within the Property Approval Period and whether Buyer can secure appropriate financing thereon.

  • Buyer may determine whether or not the Property is acceptable to Buyer within the Property Approval Period.

  • Notwithstanding anything to the contrary provided in this Agreement, Purchaser hereby acknowledges that the Property Approval Period has expired.

Related to Property Approval Period

  • Application Approval Date means the date that the Application is approved by the Board of Trustees of the District and as further identified in Section 2.3.B of this Agreement.

  • Preliminary Approval Date means the date on which the Court enters the Preliminary Approval Order.

  • Final Approval Date means the date upon which Final Approval occurs.

  • Non-Approval Event means, in respect of the Benchmark:

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • MAA Approval means approval of an MAA by the applicable Regulatory Authority for marketing and sale of a Product in the Collaborator Territory, but excluding any Pricing and Reimbursement Approval.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Preliminary Approval means the Court’s Order Granting Preliminary Approval of the Settlement.

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • NDA Approval means the Approval of an NDA by the FDA for a Product in the U.S.

  • Approval Date means the date by which the Approval Order has become a Final Order.

  • Preliminary Approval Order means the order preliminarily approving the Settlement Agreement, certifying the Settlement Class for settlement purposes, and directing notice thereof to the Settlement Class, which will be agreed upon by the Parties and submitted to the Court in conjunction with Plaintiffs’ motion for preliminary approval of the Agreement.

  • 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.

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Title Review Period shall have the meaning set forth in Section 4.3.

  • Approval Application means a BLA, NDA or similar application or submission for a Product filed with a Regulatory Authority in a country or group of countries to obtain marketing approval for a biological or pharmaceutical product in that country or group of countries.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Project Approvals means all approvals, consents, waivers, orders, agreements, authorizations, permits and licenses required under Applicable Laws or under the terms of any restriction, covenant, easement or agreement affecting all or any applicable Phase of the Project, or otherwise necessary or desirable for the ownership, acquisition, construction, development, equipping, use or operation of the Project.

  • Regulatory Approval Application means any application submitted to an appropriate Regulatory Authority seeking any Regulatory Approval.

  • 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.

  • Required Consent has the meaning set forth in Section 4.4.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Final Approval Order means the proposed Order Granting Final Approval to the Settlement, to be entered by the Court with terms to be agreed upon by the Parties and consistent with this Agreement.

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