Common use of BREACH OR FAILURE TO CLOSE Clause in Contracts

BREACH OR FAILURE TO CLOSE. If, after the Seller has performed Seller’s obligations under this Contract, and if, within five (5) days after the date specified for Closing, the Buyer fails to make payments or to perform any other obligations of the Buyer under this Contract, then the Seller may, at Seller’s option, cancel and terminate this Contract and retain all sums paid by the Buyer, as liquidated damages, or pursue any other legal or equitable remedy for the breach of this Contract by the Buyer. If the Buyer performs all of the obligations of Buyer, and Seller breaches this Contract or fails to perform any of Seller’s obligations, then Buyer shall be entitled to cancel and terminate this Contract, return the abstract to Seller and receive a refund of the xxxxxxx money.

BREACH OR FAILURE TO CLOSE. If, after the Seller has performed Seller’s obligations under this Contract, and if, within five (5) days after the date specified for ClosingClosing under paragraph 5, the Buyer fails to make payments or to perform any other obligations obligation of the Buyer under this Contract, then the Seller Sellers may, at Seller’s Sellers’ option, cancel and terminate this Contract and retain all sums paid by the Buyer, not to exceed 5% of the purchase price, as liquidated damages, or pursue any other legal or equitable remedy for the breach of this Contract by the Buyer. If the Buyer performs all of the obligations of Buyer, and Seller breaches Sellers breach this Contract or fails to perform any of Seller’s obligationsContract, then Buyer shall be entitled to either cancel and terminate this Contract, return the abstract to Seller Sellers and receive a refund of the xxxxxxx moneyall sums paid, or pursue any other legal or equitable remedy.

BREACH OR FAILURE TO CLOSE. If, If after the Seller has performed Seller’s 's obligations under this Contract, and if, if within five (5) days after the date specified for Closingclosing, the Buyer fails to make payments or to perform any other obligations obligation of the Buyer under this Contract, Contract then the Seller may, at Seller’s his option, cancel and terminate this Contract and retain all sums paid by the Buyer, as liquidated damages, or pursue pmsue any other legal or equitable remedy for the breach of this Contract by the Buyer. If the Buyer performs all of the obligations of Buyer, Xxxxx and Seller breaches this Contract Contrnct or fails to perform any of Seller’s 's obligations, then Buyer shall be entitled to either cancel and terminate terminated this Contract, return the abstract to Seller and receive a refund of the xxxxxxx eamest money, 01· pursue any other legal or equitable remedy.