Common use of Excluded Parcels Clause in Contracts

Excluded Parcels. (i) In the event that any Parcels are designated as Excluded Parcels pursuant to Section 5(a) or Section 5(b) or any other applicable provision of this Agreement or by mutual agreement of the parties, then (i) Buyer shall no longer be obligated to acquire, and Sellers shall no longer be obligated to sell, such Excluded Parcels, (ii) other than as set forth in Section 5(c)(ii) below and Section 21(c)(iv), this Agreement shall be terminated with respect to such Excluded Parcels and Buyer’s and Sellers’ obligations hereunder with respect to such Excluded Parcels shall be null and void, except as expressly set forth herein to survive the termination of this Agreement, (iii) Buyer and Sellers shall be obligated to proceed to Closing with respect to all Parcels other than the Excluded Parcels (subject to the terms hereof), (iv) Seller’s Representations shall be deemed modified to exclude any such Excluded Parcels, (v) at Closing, the portion of the Deposit allocated to such Excluded Parcels shall be applied toward the Purchase Price, and (vi) the Purchase Price will be reduced by the sum of the amounts set forth in the Allocation Schedule in Exhibit G allocated to such Excluded Parcels.

Excluded Parcels. (i) In the event that any Parcels are Parcel is designated as an “Excluded Parcels Parcel” pursuant to Section 5(a) or Section 5(b) or any other applicable provision of this Agreement or by mutual agreement of the parties, then (i) Buyer shall no longer be obligated to acquire, and Sellers Seller shall no longer be obligated to sell, such Excluded ParcelsParcel, (ii) other than as set forth in Section 5(c)(ii) below and Section 21(c)(iv), this Agreement shall be terminated with respect to such Excluded Parcels Parcels, and Buyer’s and Sellers’ Seller’s obligations hereunder with respect to such Excluded Parcels Parcel shall be null and void, except as expressly set forth herein to survive the termination of this Agreement, (iii) Buyer and Sellers Seller shall be obligated to proceed to Closing with respect to all Parcels Properties other than the Excluded Parcels (subject to the terms hereofherein), (iv) Seller’s Representations shall be deemed modified to exclude any such Excluded Parcels, and (v) at Closing, the portion of the Deposit allocated to such Excluded Parcels shall be applied toward the Purchase Price, and (vi) the Purchase Price will be reduced by the sum of the amounts amount set forth in the Allocation Schedule in Exhibit G allocated to such Excluded ParcelsParcel.

Excluded Parcels. (i) In the event that any Parcels are designated as Excluded Parcels pursuant to Section 5(a) or Section 5(b) or any other applicable provision of this Agreement or by mutual agreement of the parties, then (i) Buyer shall no longer be obligated to acquire, and Sellers Seller shall no longer be obligated to sell, such Excluded Parcels, (ii) other than as set forth in Section 5(c)(ii) below and Section 21(c)(iv), this Agreement shall be terminated with respect to such Excluded Parcels and Buyer’s and Sellers’ Seller’s obligations hereunder with respect to such Excluded Parcels shall be null and void, except as expressly set forth herein to survive the termination of this Agreement, (iii) Buyer and Sellers Seller shall be obligated to proceed to Closing with respect to all Parcels other than the Excluded Parcels (subject to the terms hereof), (iv) Seller’s Representations shall be deemed modified to exclude any such Excluded Parcels, (v) at Closing, the portion of the Deposit allocated to such Excluded Parcels shall be applied toward the Purchase Price, and (vi) the Purchase Price will be reduced by the sum of the amounts set forth in the Allocation Schedule in Exhibit G allocated to such Excluded Parcels.

Excluded Parcels. (i) In the event that any Parcels are Parcel is designated as an “Excluded Parcels Parcel” pursuant to this Section 5(a) 5, Section 10(c), Section 12(c), Section 14, or Section 5(b) or any other applicable provision of this Agreement or by mutual agreement of the parties17, then (i) Buyer shall no longer be obligated to acquire, and Sellers Seller shall no longer be obligated to sell, such Excluded ParcelsParcel (and all related Excluded Property), (ii) other than as set forth in Section 5(c)(ii5(d)(ii) below and Section 21(c)(iv22(c), this Agreement shall be terminated with respect to such Excluded Parcels and all related Excluded Property, and Buyer’s and Sellers’ Seller’s obligations hereunder with respect to such Excluded Parcels Parcel and all related Excluded Property shall be null and void, except as expressly set forth herein to survive the termination of this Agreement, (iii) Buyer and Sellers Seller shall be obligated to proceed to Closing with respect to all Parcels (and related Property) other than the Excluded Parcels and such related Excluded Property (subject to the terms hereofherein), (iv) Seller’s Representations shall be deemed modified to exclude any such Excluded ParcelsParcels and all related Excluded Property, and (v) at Closing, the portion of the Deposit allocated to such Excluded Parcels shall be applied toward the Purchase Price, and (vi) the Purchase Price will be reduced by the sum of the amounts amount set forth in the Allocation Schedule in Exhibit G allocated to such Excluded ParcelsParcel.