Common use of Acquisition Date Clause in Contracts

Acquisition Date. The closing date with respect to the acquisition of the Property (the "Acquisition Date") shall occur on the date specified in the Funding Request, provided that on or prior to such date all the conditions precedent thereto set forth in this Section 6.1 shall have been satisfied or waived by the applicable parties as set forth herein. All rights and obligations of the parties under the Operative Documents (each subject to any conditions specified therein), the obligation of the Lessors to acquire the Property on the Acquisition Date, the obligation of each Lessor to make available any related Lessor Amount on the Acquisition Date and the obligation of each Lender to make any related Loan on the Acquisition Date, are subject to satisfaction or waiver of the following conditions precedent:

Acquisition Date. The closing date with respect to the acquisition of the Property Land or leasehold interests therein (and the Improvements thereon, if any) (the "Acquisition Date") shall occur on the date specified in the Funding Request, provided that on or prior to such date after the Documentation Date on which all the conditions precedent thereto set forth in this this Section 6.1 shall have been satisfied or waived by the applicable parties as set forth herein. All rights and obligations of the parties under the Operative Documents (each subject to any conditions specified therein), the The obligation of the Lessors Lessor Trust to acquire the Property Land or leasehold interests therein on the Acquisition Date, the obligation of each Lessor Certificate Holder to make available any related Lessor Certificate Holder Amount on the Acquisition Date and the obligation of each Lender to make any related Loan on the Acquisition Date, are subject to satisfaction or waiver of the conditions precedent set forth in Section 2.1 and the following conditions precedent: