Common use of Escrow Cancellation Charges Clause in Contracts

Escrow Cancellation Charges. If Xxxxxx fails to close because of Seller’s default, Seller will pay all customary escrow cancellation charges. If Xxxxxx fails to close because of Xxxxx’s default, Buyer will pay all customary escrow cancellation charges. If Xxxxxx fails to close for any other reason, Seller and Buyer will each pay one-half (1/2) of all customary escrow cancellation charges.

Appears in 1 contract

Samples: Purchase Agreement

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Escrow Cancellation Charges. If Xxxxxx the Escrow fails to close because of Xxxxx's default, Buyer will be liable for any escrow and title commitment cancellation charges by Escrow Agent. If the Escrow fails to close because of Seller’s 's default, Seller will pay all customary escrow be liable for any such cancellation chargescharges by Escrow Agent. If Xxxxxx the Escrow fails to close because through no fault of Xxxxx’s defaulteither Seller or Buyer, Buyer will pay all customary escrow any such cancellation charges. If Xxxxxx fails to close for any other reason, charges by Escrow Agent shall be divided equally between Seller and Buyer will each pay one-half (1/2) of all customary escrow cancellation chargesBuyer.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

Escrow Cancellation Charges. If Xxxxxx the Escrow fails to close because of Buyer’s default, Buyer will be liable for any escrow and title commitment cancellation charges by Escrow Agent. If the Escrow fails to close because of Seller’s default, Seller will pay all customary escrow be liable for any such cancellation chargescharges by Escrow Agent. If Xxxxxx the Escrow fails to close because through no fault of Xxxxx’s defaulteither Seller or Buyer, Buyer will pay all customary escrow any such cancellation charges. If Xxxxxx fails to close for any other reason, charges by Escrow Agent shall be divided equally between Seller and Buyer will each pay one-half (1/2) of all customary escrow cancellation chargesBuyer.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Silver Falcon Mining, Inc.)

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Escrow Cancellation Charges. If Xxxxxx the Escrow fails to close because of Xxxxx’s default, Buyer shall be liable for any escrow and title commitment cancellation charges by Escrow Agent. If the Escrow fails to close because of Seller’s default, Seller will pay all customary escrow shall be liable for any such cancellation chargescharges by Escrow Agent. If Xxxxxx the Escrow fails to close because through no fault of Xxxxx’s defaulteither Seller or Buyer, Buyer will pay all customary escrow any such cancellation charges. If Xxxxxx fails to close for any other reason, charges by Escrow Agent shall be divided equally between Seller and Buyer will each pay one-half (1/2) of all customary escrow cancellation chargesBuyer.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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