Examples of Tolling in a sentence
The time of performance shall be extended for the period of the delay occurring as a result of the Force Majeure event; provided, however, that in no event shall the extension of the timeframe exceed twelve (12) months in the aggregate for all Force Majeure or Tolling events.
The Tolling Amendment to Master Ground Lease Agreement dated April 21, 2020, by and between the County and Lessee shall be terminated upon execution of the Second Amendment to the Master Ground Lease.
The dates and deadlines in the Master Ground Lease are hereby amended to coincide with the termination of the Tolling Amendment (with a day for day delay in the date from March 3, 2020 to the Effective Date of the Second Amendment to the Master Ground Lease), and may be memorialized at the request of either Party in a further amendment to this Lease to be executed by the Chief Real Estate Officer.
Subject to Approval Tolling, upon expiration of the Due Diligence Period and any additional Due Diligence Extension Period, the entire Deposit shall become non-refundable unless Seller defaults as provided in Section 22.
Subject to Approval Tolling, If however if Purchaser is not able to close timely due to non- performance with respect to due diligence, permits and approvals, or financing period deadlines, any and all extension payments made will be forfeited, and extension payments will be non- refundable and will remain with the seller.