P & S Question about closing date, legal wording, timing, permit

[Ty Randall]

Appreciate it if anyone could help with this question -

If you were selling land with a set closing date determined and the contract had this clause:

"Subject to simultaneous purchase of lot 1B at [address].

"Subject to Buyer obtaining any and all permits required for building two single family homes on lots 1A and 1B."

Would this clause mean the Buyer can take as long as they want to obtain those permits, even if it takes months past the set closing date?

Thanks.

Ty