BREACH BY PURCHASER. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller’s sole remedy hereunder in such event. If no Escrow Deposit has been made then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 69 contracts
Samples: Real Estate Contract, Real Estate Contract, Real Estate Contract
BREACH BY PURCHASER. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller Xxxxxx agrees to accept and take this cash payment as its total damages and relief and as SellerXxxxxx’s sole remedy hereunder in such event. If no Escrow Deposit has been made then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 44 contracts
Samples: Real Estate Contract, Real Estate Contract, Real Estate Contract
BREACH BY PURCHASER. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller Xxxxxx agrees to accept and take this cash payment as its total damages and relief and as SellerXxxxxx’s sole remedy hereunder in such event. If no Escrow Deposit has been made made, then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 14 contracts
Samples: Real Estate Contract, Real Estate Contract, Real Estate Contract
BREACH BY PURCHASER. 7.01. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller’s sole remedy hereunder in such event. If no Escrow Deposit has been made made, then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 2 contracts
Samples: Real Estate Contract, Real Estate Contract
BREACH BY PURCHASER. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s 's obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller Xxxxxx agrees to accept and take this cash payment as its total damages and relief and as Seller’s Xxxxxx's sole remedy hereunder in such event. If no Escrow Deposit has been made made, then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 2 contracts
Samples: Real Estate Contract, Real Estate Contract
BREACH BY PURCHASER. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller’s sole remedy hereunder in such event. If no Escrow Deposit has been made made, then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 1 contract
Samples: Real Estate Contract
BREACH BY PURCHASER. 7.01 In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller’s sole remedy hereunder in such event. If no Escrow Deposit has been made then Seller shall receive the amount of $500 1,500 as liquidated damages for any failure by Purchaser.
Appears in 1 contract
Samples: Real Estate Contract
BREACH BY PURCHASER. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller’s sole remedy hereunder in such event. If no Escrow Deposit has been made then Seller shall receive the amount of $500 and the recoverable amounts allowed by Tex. Prop. Code Section 21.019 as liquidated damages for any failure by Purchaser.. ARTICLE VIII
Appears in 1 contract
Samples: Real Estate Contract
BREACH BY PURCHASER. 7.01 In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller’s sole remedy hereunder in such event. If no Escrow Deposit has been made made, then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 1 contract
Samples: Real Estate Contract
BREACH BY PURCHASER. 7.01. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller Xxxxxx agrees to accept and take this cash payment as its total damages and relief and as SellerXxxxxx’s sole remedy hereunder in such event. If no Escrow Deposit has been made made, then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 1 contract
Samples: Real Estate Contract
BREACH BY PURCHASER. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s 's obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller Xxxxxx agrees to accept and take this cash payment as its total damages and relief and as Seller’s 's sole remedy hereunder in such event. If no Escrow Deposit has been made made, then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 1 contract
Samples: Real Estate Contract
BREACH BY PURCHASER. In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller Xxxxxx agrees to accept and take this cash payment as its total damages and relief and as Seller’s sole remedy hereunder in such event. If no Escrow Deposit has been made then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 1 contract
Samples: Real Estate Contract
BREACH BY PURCHASER. 7.01 In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser’s obligations set forth in Article III having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to receive the Escrow Deposit, if any, from the title company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller Xxxxxx agrees to accept and take this cash payment as its total damages and relief and as SellerXxxxxx’s sole remedy hereunder in such event. If no Escrow Deposit has been made made, then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
Appears in 1 contract
Samples: Real Estate Contract