Common use of Default and Attorneys Fees Clause in Contracts

Default and Attorneys Fees. Should Buyer elect not to fulfill Buyer's obligations under this Agreement all xxxxxxx monies will be retained by the Seller as liquidated damages and full settlement of any claim, whereupon Buyer and Seller will be relieved of all obligations under this Agreement. If Seller defaults under this Agreement, the Buyer may elect to receive the return of the Buyer's xxxxxxx money deposit, whereupon Buyer and Seller will be relieved of all obligations under this Agreement. In connection with any litigation arising out of this Agreement, the prevailing party shall be entitled to recover all costs including reasonable attorney's fees.

Appears in 1 contract

Samples: Standard Real Estate Purchase and Sale Agreement

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Default and Attorneys Fees. Should Buyer elect not to fulfill Buyer's obligations under this Agreement Agreement, all xxxxxxx monies will be retained by the Seller as liquidated damages and full fun settlement of any claim, whereupon Buyer and Seller will be relieved of all obligations under this Agreement. If Seller defaults under this Agreementagreement, the Buyer may seek specific performance or elect to receive the _ in return of the Buyer's xxxxxxx money deposit, whereupon Buyer and Seller will be relieved of all obligations under this Agreement. In connection with any litigation arising out of this Agreement, the prevailing party shall be entitled to recover all costs including reasonable attorney's fees.

Appears in 1 contract

Samples: www.legalforms.name

Default and Attorneys Fees. Should Buyer elect not to fulfill Buyer's obligations under this Agreement all xxxxxxx deposit monies will be retained by the Seller as liquidated damages and full settlement of any claim, whereupon Buyer and Seller will be relieved of all obligations under this Agreement. Agreement and seller will receive title back by way of quit If Seller defaults under this Agreement, the Buyer may seek specific performance or elect to receive the return of the Buyer's xxxxxxx money deposit, whereupon Buyer and Seller will be relieved of all obligations under this Agreement. In connection with any litigation arising out of this Agreement, the prevailing party shall be entitled to recover all costs including reasonable attorney's fees.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement

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Default and Attorneys Fees. Should Buyer elect not to fulfill Buyer's obligations under this Agreement all xxxxxxx deposit monies will be retained by the Seller as liquidated damages and full settlement of any claim, whereupon Buyer and Seller will be relieved of all obligations under this AgreementAgreement and seller will receive title back by way of quit claim. If Seller defaults under this Agreement, the Buyer may seek specific performance or elect to receive the return of the Buyer's xxxxxxx money deposit, whereupon Buyer and Seller will be relieved of all obligations under this Agreement. In connection with any litigation arising out of this Agreement, the prevailing party shall be entitled to recover all costs including reasonable attorney's fees.

Appears in 1 contract

Samples: Standard Real Estate Purchase and Sale Agreement

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