Scheduled Closing Date

Scheduled Closing Date. Means May 25, 2005, or any later Closing Date to which the Closing is adjourned by mutual agreement of Seller and Buyer, provided however, that: (i) Buyer may adjourn the Scheduled Closing Date (not to exceed fourteen (14) days) without Seller's consent, if Buyer's lender for financing purposes is unable to process the required documentation and close on the Scheduled Closing Date; (ii) Seller may adjourn the Scheduled Closing Date (not to exceed thirty (30) days) without Buyer's consent if... Seller elects to cure, remove or remedy a New Matter as set forth in Section 3.1(c); and (iii) either party may adjourn the Scheduled Closing Date in accordance with the provisions of Section 12.1. View More