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Common use of Failure to Obtain Financing Clause in Contracts

Failure to Obtain Financing. If the closing of the financing has not occurred by April 1, 1999, then either party may terminate this Agreement upon ten (10)

Appears in 2 contracts

Sources: Development Agreement (Sunrise Assisted Living Inc), Development Agreement (Sunrise Assisted Living Inc)

Related Clauses

  • CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO ISSUE AND SELL COMMON STOCK
  • Financing Matters
  • FAILURE TO HONOUR SETTLEMENT AGREEMENT
  • Conditions Precedent to the Obligations of the Company to sell Securities
  • Conditions Precedent to the Effectiveness of this Agreement

Parent Clauses

  • Termination
  • Financial Terms
  • Scope of Work
  • Early Completion Bonus
  • No Material Adverse Change

Sub-Clauses

  • Valid Binding Agreements
  • Property Manager
  • Gross Mismanagement
  • Organization
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