Common use of Delay of Closing Clause in Contracts

Delay of Closing. Failure of the Closing to occur on or before the Termination Date. CBI shall give written notice of termination to BancFirst in the same manner and with the same effect as specified in Section 9. BancFirst shall give CBI prompt notice if any approval referenced in Section 10.1 has been denied and is not appealed or, if appealed, after such appeal is unsuccessful.

Delay of Closing. Failure of the Closing to occur on or before the Termination DateDate stated in Section 3.1. CBI shall give The foregoing right to terminate will be exercised by BancFirst's delivery of written notice of termination to CBI. If BancFirst in fails to exercise the same manner and with foregoing rights to terminate or provides to CBI written waiver of the same effect existing conditions listed above, BancFirst will be bound to perform this Agreement as specified in if Section 9. BancFirst shall give CBI prompt notice if any approval referenced in Section 10.1 has been denied and is 9 were not appealed or, if appealed, after such appeal is unsuccessfula part of this Agreement.