Common use of Duties after termination Clause in Contracts

Duties after termination. If this Contract is terminated after the expiration of the Inspection Period, Xxxxx will promptly return to Seller or destroy as directed by Xxxxxx all of Seller’s records in Xxxxx’s possession or control. After return of the records, neither party will have further duties or obligations to the other under this Contract, except for those obligations that cannot be or were not performed before termination of this Contract or that expressly survive termination of this Contract.

Appears in 2 contracts

Samples: Option to Purchase Agreement (ETX Park Fund #2, LLC), Option to Purchase (ETX Park Fund #2, LLC)

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Duties after termination. If this Contract is terminated after the expiration of the Inspection Periodperiod, Xxxxx will promptly return to Seller or destroy as directed by Xxxxxx all of Seller’s 's records in Xxxxx’s 's possession or control. After return of the records, neither party will have further duties or obligations to the other under this Contract, except for those obligations that cannot be or were not performed before termination of this Contract or that expressly survive termination of this Contract.

Appears in 1 contract

Samples: Real Estate Sales Contract

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Duties after termination. If this Contract contract is terminated after prior to the expiration of the Inspection PeriodClosing Date, Xxxxx will promptly return to Seller or destroy as directed by Xxxxxx all of Seller’s records in XxxxxBuyer’s possession or control. After return of the recordsdocuments and copies, neither party will have further duties or obligations to the other under this Contractcontract, except for those obligations that cannot be or were not performed before termination of this Contract contract or that expressly survive termination of this Contractcontract.

Appears in 1 contract

Samples: Real Estate Purchase Contract

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