Common use of Cancellation Fees and Expenses Clause in Contracts

Cancellation Fees and Expenses. In the event the Escrow terminates because of the nonsatisfaction of any condition precedent for a reason other than the default of Buyer or Seller under this Agreement, the cancellation charges required to be paid by and to Escrow Holder and the Title Company shall be borne one-half (1/2) by Seller and one-half (1/2) to Buyer and all other charges shall be borne by the party incurring same.

Cancellation Fees and Expenses. In the event the this Escrow terminates because of the nonsatisfaction of any condition precedent for a reason other than the material default of Buyer Buyers or Seller under this Agreement, the cancellation charges required to be paid by and to Escrow Holder and the Title Company shall be borne one-half (1/2) by Seller and one-half (1/2) to Buyer by Buyers and all other charges shall be borne by the party incurring same.

Cancellation Fees and Expenses. In the event the Escrow ------------------------------ terminates because of the nonsatisfaction of any condition precedent for a reason other than the default of Buyer or Seller under this Agreement, the cancellation charges required to be paid by and to Escrow Holder and the Title Company shall be borne one-half (1/2) by Seller and one-half (1/2) to Buyer and all other charges shall be borne by the party incurring same.

Cancellation Fees and Expenses. In the event the that Escrow terminates because of the nonsatisfaction of any condition precedent for a reason other than the default of Buyer or Seller under this Agreement, the cancellation charges required to be paid by and to Escrow Holder and the Title Company shall be borne one-half (1/2) by Seller and one-half (1/2) to Buyer by Buyer, and all other charges shall be borne by the party incurring same. In the event this Escrow terminates because of the default of Buyer or Seller, the defaulting party shall pay all such cancellation charges. The foregoing obligations are Surviving Obligations.

Cancellation Fees and Expenses. In the event the this Escrow terminates because of the nonsatisfaction non-satisfaction of any condition precedent for a reason other than the default of Buyer or Seller under this Agreement, the cancellation charges required to be paid by and to Escrow Holder and the Title Company shall be borne one-half (1/2) by Seller and one-half (1/2) to Buyer by Xxxxx, and all other charges shall be borne by the party incurring the same. In the event this Escrow terminates because of the default of Buyer or Seller, the defaulting party shall pay all such cancellation charges.