Buyer’s Default. The Parties acknowledge that Seller’s actual damages hereunder in the event of a Buyer default would be difficult or impossible to calculate, and, accordingly, Seller’s sole remedy hereunder in the event of a Buyer default shall be limited to liquidated damages in the amount of the Deposit. The Parties agree that the amount of the liquidated damages herein provided is a reasonable estimate of such Seller damages.
Appears in 47 contracts
Samples: Delaware Real Estate Purchase and Sale Agreement, Michigan Real Estate Purchase and Sale Agreement, Pennsylvania Real Estate Purchase and Sale Agreement
Buyer’s Default. The Parties acknowledge that SellerXxxxxx’s actual damages hereunder in the event of a Buyer default would be difficult or impossible to calculate, and, accordingly, SellerXxxxxx’s sole remedy hereunder in the event of a Buyer default shall be limited to liquidated damages in the amount of the Deposit. The Parties agree that the amount of the liquidated damages herein provided is a reasonable estimate of such Seller damages.
Appears in 16 contracts
Samples: Connecticut Real Estate Purchase and Sale Agreement, South Dakota Real Estate Purchase and Sale Agreement, South Carolina Real Estate Purchase and Sale Agreement
