Plaintiffs entered into a contract to buy defendants' cooperative apartment, which was subject to the cooperative board's giving "unconditional consent" to the sale. Either party was entitled to cancel the contract if such unconditional consent was not given by the adjourned closing date, or if "such consent is refused at any time." In the event of such cancellation, "the Escrowee shall refund the Contract Deposit to Purchaser." The Board twice gave conditional approval,...
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