Conditions Precedent to Closing by ​. The obligation of ​ to consummate the Transaction is subject to the satisfaction or written waiver of the conditions set forth below. The Closing of the Transaction contemplated by this Agreement will be deemed to mean a waiver of all conditions to Closing. These conditions precedent are for the benefit of ​ and may be waived by ​ in its sole discretion.

The obligations of the Company hereunder in connection with the Closing are subject to the following conditions being met:

Closing Conditions. This Amendment shall become effective as of the Third Amendment Effective Date upon satisfaction (or waiver) of the following conditions:

Closing Conditions. This Amendment shall be deemed effective upon satisfaction of the following conditions (in form and substance reasonably acceptable to the Agent) (such date, the “Amendment Effective Date”) but the amended provisions contained in Article I shall not become operative until the Effective Time (as defined in the Exelon Merger Agreement):

Conditions to Buyer’s Obligations. The obligations of Buyer to consummate the transactions contemplated hereunder are subject to the satisfaction of each of the following conditions on or prior to the Closing Date:

CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE. The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

Buyer's obligation to close hereunder shall be expressly conditioned upon the occurrence or fulfillment of each of the following conditions on or prior to the Closing Date or such earlier date as may be provided in this Paragraph 4(a):

The obligations of each Bank to make the Loans contemplated by [subsection 2.1 and 2.2]2] and the Issuing Bank to issue Letters of Credit contemplated by [subsection 3.1] shall be subject to the compliance by ​ with its agreements herein contained and to the satisfaction, on or before May 22, 2017, of the following conditions:

At the Closing, Buyer shall deliver or cause to be delivered to Seller the following documents (collectively, the “Buyer’s Closing Documents”):

Obligations of Seller & Conditions Precedent to Closing. Seller shall complete and deliver the Property in compliance with all terms and requirements stated herein, if not already done so. Buyer’s obligation to close on the Property or any lots within same is subject to and conditioned upon the compliance and satisfaction, as of the Closing Date, of each of the requirements described herein and below. Unless specifically stated otherwise, the satisfaction of these conditions shall be at Seller’s expense. Buyer shall cooperate with Seller to satisfy these conditions as needed.