Common use of Final Map Clause in Contracts

Final Map. The Final Map for the Phase shall have been duly recorded in the Official Records of the County. The foregoing conditions are solely for the benefit of Buyer and may be waived only by Buyer. Buyer shall at all times have the right to waive any condition, which waiver or waivers must be in writing to be effective. Neither the waiver by Buyer of any condition nor the satisfaction of any condition shall relieve Seller of any liability or obligation as respects any representation, warranty or covenant of Seller under this Agreement unless Buyer shall so agree in writing. Any acknowledgments given by Buyer of the satisfaction or failure of any conditions set forth in this subsection must be in writing to be effective.

Appears in 1 contract

Sources: Option Agreement (William Lyon Homes)

Final Map. The Final Map for the Phase shall have been duly recorded in the Official Records of the County. The foregoing conditions are solely for the benefit of Buyer Seller and may be waived only by BuyerSeller. Buyer Seller shall at all times have the right to waive any condition, which waiver or waivers must be in writing to be effective. Neither the waiver by Buyer Seller of any condition nor the satisfaction of any condition shall relieve Seller Buyer of any liability or obligation as respects any representation, warranty or covenant of Seller Buyer under this Agreement unless Buyer Seller shall so agree in writing. Any acknowledgments given by Buyer Seller of the satisfaction or failure of any conditions set forth in this subsection must be in writing to be effective.

Appears in 1 contract

Sources: Option Agreement (William Lyon Homes)