Common use of Documents if Transaction Does Not Close Clause in Contracts

Documents if Transaction Does Not Close. If the within transaction is not completed for any reason other than a default of the Vendor and notwithstanding refund or forfeiture of the deposits, the Purchaser shall execute and deliver such documents affecting title to the Real Property or a release (provided same is not prohibited by the Tarion Addendum) with respect to this Agreement or any agreement or document in a form designated by the Vendor, and in the event the Purchaser fails or neglects to execute and deliver such documents, the Purchaser hereby authorizes the Vendor to be its true and lawful attorney to so execute the said documentation. Notwithstanding non-completion of this transaction due to Purchaser default, the Purchaser is liable for the full cost of Extras ordered, whether installed or not and if installed whether completed in whole or in part.

Documents if Transaction Does Not Close. FOR REVIEW ONLY If the within transaction is not completed for any reason other than a default of the Vendor and notwithstanding refund or forfeiture of the deposits, the Purchaser shall execute and deliver such documents affecting title to the Real Property or a release (provided same is not prohibited by the Tarion Addendum) with respect to this Agreement or any agreement or document in a form designated by the Vendor, and in the event the Purchaser fails or neglects to execute and deliver such documents, the Purchaser hereby authorizes the Vendor to be Vendor, its true and lawful attorney to so execute the said documentation. Notwithstanding non-completion of this transaction due to Purchaser default, the Purchaser is liable for the full cost of Extras extras or upgrades ordered, whether installed or not and if installed whether completed in whole or in part.

Documents if Transaction Does Not Close. If the within transaction is not completed for any reason other than a default of the Vendor whatsoever and notwithstanding refund or forfeiture of the deposits, the Purchaser shall execute and deliver such documents affecting title to the Real Property or a release (provided same is not prohibited by the Tarion Addendum) with respect to this Agreement or any agreement or document in a form designated by the Vendor, and in the event the Purchaser fails or neglects to execute and deliver such documents, the Purchaser hereby appoints and authorizes the Vendor to be its Vendor, the Purchaser's true and lawful attorney to so execute the said documentation. Notwithstanding non-completion of this transaction due to Purchaser defaultthe transaction, the Purchaser is liable for the full cost of Extras ordered, whether installed or not and if installed extras ordered whether completed in whole or in part.