Common use of Buyer Default Clause in Contracts

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share shall not be greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 321 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 322 Deposit for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 323 Contract, and in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 324 obligations under this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 325 to enforce Seller’s rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share shall not be greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer ▇▇▇▇▇ fails, neglects or refuses to perform Buyer▇▇▇▇▇’s obligations under this Contract, 273 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit for the account of Seller ▇▇▇▇▇▇ as agreed upon liquidated damages, consideration for execution of this 275 Contract, and in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer▇▇▇▇▇, shall be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker▇▇▇▇▇▇’s share shall not be greater than the commission amount Listing Broker ▇▇▇▇▇▇ had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer ▇▇▇▇▇ fails, neglects or refuses to perform Buyer▇▇▇▇▇’s obligations under this Contract, 273 431 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit 432 for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and 433 in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under 434 this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s 435 rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall 436 be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share 437 shall not be greater than the commission amount Listing Broker ▇▇▇▇▇▇ had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer ▇▇▇▇▇ fails, neglects or refuses to perform Buyer’s ▇▇▇▇▇'s obligations under this Contract, 273 326 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit 327 for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and 328 in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under this Contract, or Seller, at Seller’s 's option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s 's rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s 's share shall not be greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 356 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 357 Deposit for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 358 Contract, and in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 359 obligations under this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 360 to enforce Seller’s rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 361 default by Buyer, shall be split equally between Listing Broker and Cooperating Broker; provided however, 279 362 Cooperating Broker’s share shall not be greater than the commission amount Listing Broker had agreed to pay 280 363 to Cooperating Broker.

Buyer Default. If Buyer ▇▇▇▇▇ fails, neglects or refuses to perform Buyer▇▇▇▇▇’s obligations under this Contract, 273 including payment 266 of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit for the account of Seller 267 as agreed upon liquidated damages, consideration for execution of this 275 Contract, and in full settlement of any claims, 268 whereupon Buyer and Seller shall be relieved from all further 276 obligations under this Contract, or Seller, at Seller’s option, 269 may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s rights under this Contract. The portion of the 270 Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall be split equally between Listing Broker and Cooperating 271 Broker; provided however, 279 Cooperating Broker’s share shall not be greater than the commission amount Listing Broker 272 had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 367 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit 368 for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and 369 in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under 370 this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s 371 rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall 372 be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share 373 shall not be greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 403 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 404 Deposit for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 405 Contract, and in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 406 obligations under this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 407 to enforce Seller’s rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 408 default by Buyer, shall be split equally between Listing Broker and Cooperating Broker; provided however, 279 409 Cooperating Broker’s share shall not be greater than the commission amount Listing Broker had agreed to 410 pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 427 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit 428 for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and 429 in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under 430 this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s 431 rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall 432 be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share 433 shall not be greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 372 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit 373 for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and 374 in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under 375 this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s 376 rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall 377 be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share 378 shall not be greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 including 383 payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit for the 384 account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and in full 385 settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under this 386 Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s rights 387 under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall be split 388 equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share shall not be 389 greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 including 380 payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit for the 381 account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and in full 382 settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under this 383 Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s rights 384 under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall be split 385 equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share shall not be 386 greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 including 313 payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit for the 314 account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and in full 315 settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under this 316 Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s rights 317 under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall be split 318 equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share shall not be 319 greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer fails, neglects or refuses to perform Buyer’s obligations under this Contract, 273 including 303 payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit for the 304 account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and in full 305 settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under this 306 Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s rights 307 under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall be split 308 equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share shall not be 309 greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer ▇▇▇▇▇ fails, neglects or refuses to perform Buyer▇▇▇▇▇’s obligations under this Contract, 273 372 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 Deposit 373 for the account of Seller as agreed upon liquidated damages, consideration for execution of this 275 Contract, and 374 in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 obligations under 375 this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 to enforce Seller’s 376 rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer, shall 377 be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share 378 shall not be greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.

Buyer Default. If Buyer ▇▇▇▇▇ fails, neglects or refuses to perform Buyer▇▇▇▇▇’s obligations under this Contract, 273 321 including payment of the Deposit, within the time(s) specified, Seller may elect to recover and retain the 274 322 Deposit for the account of Seller ▇▇▇▇▇▇ as agreed upon liquidated damages, consideration for execution of this 275 323 Contract, and in full settlement of any claims, whereupon Buyer and Seller shall be relieved from all further 276 324 obligations under this Contract, or Seller, at Seller’s option, may, pursuant to Paragraph 16, proceed in equity 277 325 to enforce Seller’s rights under this Contract. The portion of the Deposit, if any, paid to Listing Broker upon 278 default by Buyer▇▇▇▇▇, shall be split equally between Listing Broker and Cooperating Broker; provided however, 279 Cooperating Broker’s share shall not be greater than the commission amount Listing Broker had agreed to pay 280 to Cooperating Broker.