Scheduled Closing Date. 2.1.1 In Section 1.8, delete the following final sentence: "(The Scheduled Closing Date is fifteen (15) days after exercise of the Option by Buyer, or if that day falls on a Saturday, Sunday or legal holiday, the first regular business day thereafter.)" 2.1.2 In Section 1.28, delete the definition of Scheduled Closing Date and replace it with the following: "Scheduled Closing Date: December 29, 1998."
Appears in 2 contracts
Sources: Palm Desert Option Agreement & Palm Desert Agreement for Purchase and Sale of Partnership Interests (Carlyle Real Estate LTD Partnership Xvi), Palm Desert Option Agreement & Agreement for Purchase and Sale of Partnership Interests (Carlyle Real Estate LTD Partnership Xvii)