Common use of Extensions of Closing Date Clause in Contracts

Extensions of Closing Date. The Parties shall each be entitled to one 30 day extension of both closings. Any other extensions shall be by mutual agreement of the parties. The City Manager is delegated the authority to sign one month extensions of this Contract without approval by City Council at a public meeting.

Appears in 1 contract

Sources: Contract for Purchase and Sale

Extensions of Closing Date. The Parties shall each be entitled to one 30 day extension of both closings. Any other extensions shall be by mutual agreement of the partiesParties. The City Manager is delegated the authority to sign one month 90 day extensions of this Contract without approval by the City Council at a public meeting.. Contract amendments will not be recorded in the Public Records. The Parties agree that a new section 5.20 is hereby added to read as follows:

Appears in 1 contract

Sources: Contract for Purchase and Sale