Approval of Inspections. If Purchaser determines at any time prior to the end of the Inspection Period that any aspect of the Property is not satisfactory to Purchaser, then Purchaser may terminate this Contract by delivery of written notice to Seller within the Inspection Period given in accordance with the provisions of SECTION 13.1, in which event Escrow Agent shall Return the Earnest Money Deposit. Xx Xxrchaser does not timely deliver to Seller written notice of termination within the Inspection Period, the conditions of this SECTION 5.2 shall be deemed satisfied, and Purchaser may not thereafter terminate this Contract pursuant to this SECTION 5.2
Appears in 2 contracts
Samples: Contract to Purchase and Sell Property and Escrow Agreement (National Property Investors 6), Contract to Purchase and Sell Property and Escrow Agreement (National Property Investors 5)
Approval of Inspections. If Purchaser determines at any time prior to the end of the Inspection Period that any aspect of the Property is not satisfactory to Purchaser, then Purchaser may terminate this Contract by delivery of written notice to Seller within the Inspection Period given in accordance with the provisions of SECTION 13.1, in which event Escrow Agent shall Return the Earnest Money Deposit. Xx Xxrchaser does not timely deliver to Seller written notice of termination within the Inspection Period, the conditions of this SECTION 5.2 shall be deemed satisfied, and Purchaser may not thereafter terminate this Contract pursuant to this SECTION 5.2.
Appears in 1 contract
Samples: Contract to Purchase and Sell Property (Angeles Partners X)
Approval of Inspections. If Purchaser determines at any time prior to the end of the Inspection Period that any aspect of the Property (except for the Permitted Exceptions) is not satisfactory to Purchaser, then Purchaser may terminate this Contract by delivery of written notice to Seller within the Inspection Period given in accordance with the provisions of SECTION 13.1, in which event event, subject to the provisions of SECTION 10.1 of this Contract, Escrow Agent shall Return the Earnest Money Deposit. Xx Xxrchaser does not timely deliver to Seller written notice of termination within the Inspection Period, the conditions of this SECTION 5.2 shall be deemed satisfied, and Purchaser may not thereafter terminate this Contract pursuant to this SECTION 5.2.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Consolidated Capital Properties Vi)
