Common use of EFFECT OF BUYER’S REMOVAL OF CONTINGENCIES Clause in Contracts

EFFECT OF BUYER’S REMOVAL OF CONTINGENCIES. If Buyer removes, in writing, any contingency or cancellation rights, unless otherwise specified in a separate written agreement between Buyer and Seller, Buyer shall conclusively be deemed to have: (i) completed all Buyer investigations, and review of reports and other applicable information and disclosures pertaining to that contingency or cancellation right; (ii) elected to proceed with the transaction; and (iii) assumed all liability, and responsibility, and expense for repairs or corrections pertaining to that contingency or cancellation right, or for inablility to obtain financing.

EFFECT OF BUYER’S REMOVAL OF CONTINGENCIES. If Buyer removes, in writing, any contingency or cancellation rights, unless otherwise specified in a separate written agreement between Buyer and Seller, Buyer shall conclusively be deemed to have: (i) completed all Buyer investigationsInvestigations, and review of reports and other applicable information and disclosures pertaining to that contingency or cancellation right; (ii) elected to proceed with the transaction; and (iii) assumed all liability, and responsibility, and expense for repairs Repairs or corrections pertaining to that contingency or cancellation right, or for inablility inability to obtain financing.