Common use of Date and Manner of Closing Clause in Contracts

Date and Manner of Closing. The Closing shall take place by Escrow Agent delivering all documents and funds in accordance with this Agreement, as soon as all conditions to Closing contained in this Agreement have been satisfied (or waived in writing), which shall in any event be not later than the Scheduled Closing Date, time being of the essence (subject only to Sellers’ cure period under Section 5.6 actually extending beyond such date, in which event Sellers will give Buyer not less than three Business Days’ notice of the date of Closing).

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Talon Real Estate Holding Corp.)