Common use of Default by Seller; Remedies of Purchaser Clause in Contracts

Default by Seller; Remedies of Purchaser. In the event Seller fails to close the sale of the Premises pursuant to the terms and provisions of this Agreement and/or under the Contract, Purchaser shall be entitled to either sue for specific performance of the real estate purchase and sale contract or terminate such Contract and sue for money damages.

Appears in 3 contracts

Samples: Option Agreement for Purchase, Option Agreement for Purchase of Real Property, Option Agreement for Purchase

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Default by Seller; Remedies of Purchaser. In the event Seller fails to close the sale of the Premises pursuant to the terms and provisions of this Agreement and/or under the Contract, Purchaser shall be entitled to either sue xxx for specific performance of the real estate purchase and sale contract or terminate such Contract and sue xxx for money damages.

Appears in 3 contracts

Samples: Option Agreement for Purchase, Option Agreement for Purchase of Real Property, Option Agreement for Purchase

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