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 8 contracts
Samples: Agreement for Purchase and Sale and Escrow Instructions, Property Transfer Agreement, Agreement for Purchase and Sale and Escrow Instructions
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 (Spansion Inc.), Option Agreement (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: Agreement for Purchase and Sale and Escrow Instructions (Symantec Corp), Agreement for Purchase and Sale (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.. 4.17
Appears in 1 contract
Samples: Purchase and Sale Agreement and Escrow Instructions
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 and Joint Escrow Instructions
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 (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/2) of all escrow and title cancellation charges.
Appears in 1 contract
Samples: Agreement for Purchase and Sale
Escrow Cancellation Charges. In If the event that this escrow shall fail fails to close by reason of the a default of either party by Seller or Agency hereunder, the such defaulting party shall be liable for pay all escrow or other Title Company charges and title cancellation chargesany other costs incurred by a party because of the default. In the event that If the escrow shall fail fails to close for any reason other reasonthan default by Seller or Agency, Agency shall each party shall pay one-half (l/2) of all escrow and title cancellation such charges.
Appears in 1 contract
Escrow Cancellation Charges. In If the event that this escrow shall fail fails to close by reason of the a default of either party by Buyer or Seller hereunder, the such defaulting party shall be liable for pay all escrow and title cancellation or other Title Company charges, if any. In the event that If the escrow shall fail fails to close for any reason other reasonthan default by Buyer or Seller, then Buyer and Seller shall each party shall pay one-half (l/2) of all escrow and title cancellation such charges.
Appears in 1 contract
Samples: Purchase and Sale Agreement