Common use of Buyer Termination Clause in Contracts

Buyer Termination. In the event of any termination of this Agreement because of any default by SELLER, then the Deposit made under this Agreement shall be forthwith refunded in accordance with the Agreement and BUYER shall be entitled to pursue all remedies available to it in law and in equity, including without limitation specific performance if the transactions contemplated under the Xxxx Purchase Agreement have been consummated. The exercise of one or more of such rights or remedies shall not impair BUYER’s right to exercise any other rights or remedy.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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Buyer Termination. In the event of any termination of this Agreement because of any default by SELLER, then the Deposit made under this Agreement shall be forthwith refunded in accordance with the Escrow Agreement and BUYER shall be entitled to pursue all remedies available to it in law and in equity, including without limitation specific performance if the transactions contemplated under the Xxxx Purchase Agreement have been consummated. The exercise of one or more of such rights or remedies shall not impair BUYER’s right to exercise any other rights or remedyperformance.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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