Death of Buyer Sample Clauses

Death of Buyer. If Buyer (or any of the persons listed as Buyer) is a natural person and dies before the Closing Date, Seller shall have the right (but not the obligation) to cancel this Agreement upon written notice to the personal representative of the Buyer who died and to any other Buyer. Upon such cancellation, Seller shall return Buyer's deposits, less any escrow cancellation fees, and neither Buyer nor Seller will then have any further rights or obligations under this Agreement.
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Death of Buyer. (a) Without negating, limiting or restricting any rights or remedies available to the Seller at law or in equity, if the Buyer is a natural person and dies, becomes mentally ill or unable to manage its affairs due to illness, the Seller may by written notice to the Buyer Solicitor, rescind this Contract.
Death of Buyer. If Xxxx X. Xxx, dies at any time before Closing, this Agreement and all other related agreements shall be terminated, and the Deposit and the interest accrued on the Deposit shall be delivered to the personal representatives of his estate.
Death of Buyer. If Buyer shall die before closing, all of the Buyer’s rights and interests in and to this contract and the Property, and all of Buyer’s obligations under this contract shall pass to such devisees, legatees or heirs as shall be entitled to receive them, by law or under the terms of Buyer’s will, trust or other testamentary disposition, without requiring Seller’s consent; provided that Seller reserves the right to cancel this contract by written notice to Buyer or his or her appropriate representative and return the Buyer’s initial deposit with interest, (less escrow cancellation fees and other such costs incurred by Seller), whereupon both Seller and Buyer (including the Buyer’s estate and legal representative) shall be released from all further obligations and liability hereunder.

Related to Death of Buyer

  • By Buyer At Closing, Buyer shall deliver to Seller the following:

  • By Purchaser Purchaser represents and warrants to Seller that:

  • Indemnity by Seller (a) Seller shall release, defend, indemnify and hold harmless Buyer, its directors, officers, agents, attorneys, representatives and Affiliates (“Buyer Group”) against and from any Indemnifiable Losses, which arise out of or relate to or are in any way connected with (i) the Seller’s delivery of the Product to Buyer, (ii) Seller’s or its Affiliates’ ownership, development, construction, operation and/or maintenance of the Project, including the Sites(s); (iii) Third Party Claims arising from Seller’s or its Affiliates’ actions or inactions, including Seller’s breach of this Agreement or other agreements related to the development, construction, ownership, operation or maintenance of the Project or Site; (iv) any environmental matters associated with the Project, including the disposal and transportation of Hazardous Substances by or on behalf of the Seller or at the Seller’s direction or agreement; (v) Third Party Claims arising under any agreement between Seller or its Affiliates ; or (vi) resulting from Seller’s or its Affiliates’ violation of any applicable Law, or requirements of Transmission Provider, Utility Distribution Company, NERC, WECC or Reliability Organization; in each case including any loss, claim, action or suit, for or on account of injury to, bodily or otherwise, or death of, persons, or for damage to or destruction or economic loss of property belonging to Xxxxx, Seller, Seller’s Affiliates, or others, excepting only such Indemnifiable Losses, to the extent solely caused by the willful misconduct or gross negligence of a member of the Buyer Group.

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