Common use of Default by Buyer Clause in Contracts

Default by Buyer. If Xxxxx fails to perform the agreements of this contract within the time set forth herein, Seller may retain, as liquidated damages and not as a penalty, all of the xxxxxxx money deposit specified in paragraph 2 above.

Appears in 5 contracts

Samples: Subject to Transaction Agreement, Subject to Agreement, Purchase and Sale Agreement

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Default by Buyer. If Xxxxx Buyer fails to perform the agreements of this contract within the time set forth herein, Seller may retain, as liquidated damages and not as a penalty, all of the xxxxxxx money deposit specified in paragraph 2 above.

Appears in 4 contracts

Samples: Purchase & Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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