Completion Deadline. Seller shall complete construction of the Unit so as to permit normal occupancy of the Unit within six (6) years from the date Buyer executes this Agreement (the “Completion Deadline”). Notwithstanding the foregoing, such six (6) year period shall be extended for any period of time during which Seller is actually and necessarily delayed in beginning or completing construction by force majeure. In the event Seller fails to complete construction by the Completion Deadline, as the same may have been extended, then to the extent permitted by applicable law, Buyer’s sole remedy shall be to cancel this Agreement and to receive a refund of all monies paid.
Appears in 5 contracts
Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement
