Common use of Effect of Extension Clause in Contracts

Effect of Extension. If the Closing Date is extended pursuant to a fully executed Amendment to this Agreement or mutual escrow instructions executed by both ▇▇▇▇▇▇ and ▇▇▇▇▇, then Closing Agent shall conduct the Closing as so extended. However, if the transaction contemplated by this Agreement has been cancelled or terminated as permitted elsewhere in this Agreement, then Closing Agent will not conduct the Closing.

Appears in 5 contracts

Sources: Purchase Agreement, Purchase Agreement, Purchase Agreement