Escrow Cancellation Charges. In the event that this escrow shall fail to close by reason of the default of either party hereunder, the defaulting party shall be liable for all escrow and title cancellation charges. In the event that the escrow shall fail to close for any other reason, each party shall pay one-half (l/2) of all escrow and title cancellation charges.
Appears in 10 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement
Escrow Cancellation Charges. In If the event that this escrow Escrow shall fail to close by reason of the default of either party hereunder, the defaulting party shall be liable for all escrow Escrow and title cancellation charges. In If the event that the escrow Escrow shall fail to close for any other reason, including, without limitation, the failure of any condition precedent set forth herein, each party shall pay be liable for one-half (l/21/2) of all escrow Escrow and title cancellation charges.
Appears in 3 contracts
Samples: Option Agreement for the Purchase and Sale of Real Property (Spansion Inc.), Option Agreement for the Purchase and Sale of Real Property (Spansion Inc.), Option Agreement (Spansion Inc.)
Escrow Cancellation Charges. In the event that this escrow any Closing shall fail to close occur by reason of the default of either party hereunderparty, the defaulting party shall be liable for all escrow and title cancellation charges. In the event that the escrow any Closing shall fail to close occur for any other reason, Buyer and Seller shall each party shall pay be liable for one-half (l/2) of all any escrow and title cancellation charges.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Symantec Corp), Purchase and Sale Agreement (Symantec Corp)
Escrow Cancellation Charges. In the event that this escrow shall fail to close by reason of the default of either party hereunder, the defaulting party shall be liable for all escrow and title cancellation charges. In the event that the escrow shall fail to close for any other reason, each party shall pay one-half (l/2½) of all escrow and title cancellation charges.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Escrow Cancellation Charges. In the event that this escrow the Escrow shall fail to close by reason of the default of either party hereundera party's default, the defaulting party shall be liable for all escrow and title Escrow cancellation charges, including but not limited to the costs of the title examination, Title Commitment and escrow fee. In the event that the escrow Escrow shall fail to close for any other reasondue to the failure of a Closing condition set forth in Section 5.3 that is not caused by a default of one of the parties, each party shall pay one-half (l/21/2) of all escrow and title any Escrow cancellation charges.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Escrow Cancellation Charges. In the event that this escrow shall fail to close by reason of the default of either party hereunder, the defaulting party shall be liable for all escrow and title cancellation charges. In the event that the escrow shall fail to close for any other reason, each party shall pay one-half (l/2) of all escrow and title cancellation charges.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Escrow Cancellation Charges. In the event that this escrow shall fail the Escrow fails to close by reason of the default of either party hereunderParty pursuant to Section 10, the defaulting party Defaulting Party shall be liable for all escrow and title Escrow cancellation charges. In the event that the escrow Escrow shall fail to close for any other reason, each party the Parties shall pay one-half (l/2) of share equally all escrow and title Escrow cancellation charges.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Escrow Cancellation Charges. In the event that this escrow any Closing shall fail to close occur by reason of the default of either party hereunderparty, the defaulting party shall be liable for all escrow and title cancellation charges. In the event that the escrow any Closing shall fail to close occur for any other reason, Transferee Party and Transferor Party shall each party shall pay be liable for one-half (l/2) of all any escrow and title cancellation charges.
Appears in 1 contract
Samples: Agreement for Exchange and Purchase and Escrow Instructions (Symantec Corp)
Escrow Cancellation Charges. In the event the event that this escrow Escrow shall fail to close by reason of the default of either party hereunder, the defaulting party shall be liable for all escrow and title Escrow cancellation charges. In the event that the escrow Escrow shall fail to close for any other reason, each party shall pay be liable for one-half (l/2half(11) of all escrow and title Escrow cancellation charges.
Appears in 1 contract
Samples: Purchase and Sale Agreement