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Common use of Purchaser’s Obligation to Close Clause in Contracts

Purchaser’s Obligation to Close. The obligations of Purchaser hereunder shall be subject to the satisfaction of the following conditions precedent:

Appears in 2 contracts

Sources: Purchase Agreement (Moody National REIT I, Inc.), Real Estate Purchase and Sale Agreement (Frischs Restaurants Inc)

Related Clauses

  • CONDITIONS PRECEDENT TO PURCHASER'S OBLIGATION TO CLOSE
  • Conditions to Purchaser’s Obligation to Close
  • Conditions to Seller’s Obligation to Close
  • CONDITIONS PRECEDENT TO SELLER'S OBLIGATION TO CLOSE
  • Purchaser’s Obligations

Parent Clauses

  • Purchase Price Calculation and Adjustments
  • Additional Purchaser Closing Deliverables
  • Closing
  • Conditions Precedent to Closing
  • Delivery of the Shares and Warrants at Closing

Sub-Clauses

  • Failure of Conditions
  • Seller’s Performance
  • Title Policy
  • Accuracy of Representations
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