Conditions to Close of Escrow. (a) Conditions to Buyer's Obligations. The Close of Escrow and --------------------------------- Buyer's obligation to consummate the transaction contemplated by this Agreement are subject to the satisfaction of the following conditions (or Buyer's written waiver thereof, it being agreed that Buyer may waive in writing any or all of such conditions) for Buyer's benefit on or prior to the dates designated below for the satisfaction of such conditions. Whether or not Buyer terminates this Agreement and the Escrow due to the nonsatisfaction of any such conditions, Buyer shall not be entitled to the return of the Deposit and all interest accrued thereon except in accordance with Paragraph 3(a) above.
Appears in 2 contracts
Sources: Purchase Agreement (Prentiss Properties Trust/Md), Purchase Agreement (Prentiss Properties Trust/Md)
Conditions to Close of Escrow. (a) Conditions to Buyer's Obligations. The Close of Escrow and --------------------------------- Buyer's obligation to consummate the transaction contemplated by this Agreement are subject to the satisfaction of the following conditions (or Buyer's written waiver thereof, it being agreed that Buyer may waive in writing any or all of such conditions) for Buyer's benefit on or prior to the dates designated below for the satisfaction of such conditions. Whether or not Buyer terminates this Agreement and the Escrow due to the nonsatisfaction of any such conditions, Buyer shall not be entitled to the return of the Deposit and all interest accrued thereon except in accordance with the provisions of Paragraph 3(a) above.
Appears in 1 contract
Sources: Contribution/Purchase Agreement (Prentiss Properties Trust/Md)