Common use of CONTINGENT UPON THE SALE AND CLOSING Clause in Contracts

CONTINGENT UPON THE SALE AND CLOSING. is contingent upon the execution of a binding agreement and the closing of a sale or exchange of Xxxxx's property located at: , on or before . Seller will have the right to continue to market Seller’s property until Xxxxx enters into a binding agreement to sell or exchange Buyer’s property and delivers a copy thereof to Seller. During such marketing period, Seller may enter into a binding contract for sale to another purchaser on such price and terms as the Seller deems appropriate, and in such event this Agreement will automatically terminate and Buyer’s deposit will be refunded. Exceptions:

Appears in 8 contracts

Samples: Escrow Agreement, Purchase Agreement, Purchase Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.