Common use of EQUIPMENT AND SYSTEMS Clause in Contracts

EQUIPMENT AND SYSTEMS. Within days (ten (10) if left blank) from the Time Reference Date of this Contract, Buyer, at Xxxxx’s expense, shall have the right to inspect all fixtures and equipment relating to plumbing, heating and cooling, electrical systems and any other equipment or systems and shall report any item not in normal working order, in writing, to Seller, in care of Seller’s Broker, if applicable, including a copy of the estimated cost to repair such items. If the total estimated cost to Seller of such repairs and replacement required by this paragraph exceeds $ , Seller shall have the option to cancel and terminate this Contract within forty-eight (48) hours of being advised of such estimate unless Xxxxx agrees, in writing, to pay repair and replacement costs in excess of such amount.

EQUIPMENT AND SYSTEMS. Within days (ten (10) if left blank) from the Time Reference Date of this Contract, Buyer, at Xxxxx’s expense, shall have the right to inspect all fixtures and equipment relating to plumbing, heating and cooling, electrical systems and any other equipment or systems and shall report any item not in normal working order, in writing, to Seller, in care of Seller’s Broker, if applicable, including a copy of the estimated cost to repair such items. If the total estimated cost to Seller of such repairs and replacement required by this paragraph exceeds $ , Seller shall have the option to cancel and terminate this Contract within forty-forty- eight (48) hours of being advised of such estimate unless Xxxxx agrees, in writing, to pay repair and replacement costs in excess of such amount.