Common use of CONDITIONS TO SELLER'S CLOSING Clause in Contracts

CONDITIONS TO SELLER'S CLOSING. The continued accuracy in all material respects of the representations and warranties set forth in Section 3.03 above shall be a condition - 8 - ______________________________________________________________________________ precedent to the Seller's obligation to close hereunder. If any representation or warranty set forth in Section 3.03 above shall not be correct in any material respect at or before closing, Seller may terminate this Agreement and retain the Deposit without prejudice to or limitation on Seller's remedies on account of breach or default of contract by Buyer.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Pepco Holdings Inc)

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CONDITIONS TO SELLER'S CLOSING. The continued accuracy in all material respects of the representations and warranties set forth in Section 3.03 above shall be a condition - 8 - ______________________________________________________________________________ precedent to the Seller's obligation to close hereunder. If any representation or warranty set forth in Section 3.03 above shall not be correct in any material respect at or before closing, Seller may terminate this Agreement and retain the Deposit without prejudice pursuant to or limitation on Seller's remedies on account of breach or default of contract by BuyerSection 7.02 hereof.

Appears in 1 contract

Samples: Assignment Agreement (Price Reit Inc)

CONDITIONS TO SELLER'S CLOSING. The continued accuracy in all material respects of the representations and warranties set forth in Section §3.03 above shall be a condition - 8 - ______________________________________________________________________________ precedent to the Seller's ’s obligation to close hereunder. If any representation or warranty set forth in Section §3.03 above shall not be correct in any material respect at or before closing, Seller may terminate this Agreement and retain the Deposit without prejudice to or limitation on Seller's ’s remedies on account of breach or default of contract by Buyer.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Dividend Capital Total Realty Trust Inc.)

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CONDITIONS TO SELLER'S CLOSING. The continued accuracy in all material respects of the representations and warranties set forth in Section §3.03 above shall be a condition - 8 - ______________________________________________________________________________ precedent to the Seller's ’s obligation to close hereunder. If any representation or warranty set forth in Section §3.03 above shall not be correct in any material respect at or before closing, Seller may terminate this Agreement and retain the Deposit upon written notice to Buyer of its election to do so, without prejudice to or limitation on Seller's ’s remedies on account of breach or default of contract hereunder by Buyer.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Dividend Capital Total Realty Trust Inc.)

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