Common use of Expiration of Due Diligence Period Clause in Contracts

Expiration of Due Diligence Period. Buyer shall approve or disapprove, in writing, Buyer's due diligence on or before expiration of the Due Diligence Period. If Buyer disapproves Buyer's due diligence, in writing, on or before expiration of the Due Diligence Period, this Agreement shall terminate and Escrow Holder shall deliver to Buyer the Deposit and thereafter, neither Seller nor Buyer shall have any further obligation or liability under this Agreement, except for the Obligations Surviving Termination (as hereinafter defined).

Appears in 3 contracts

Samples: Assignment of Purchase Agreement (Aei Income & Growth Fund Xxii LTD Partnership), Assignment of Purchase Agreement (Aei Real Estate Fund Xviii Limited Partnership), Assignment of Purchase Agreement (Aei Income & Growth Fund 23 LLC)

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Expiration of Due Diligence Period. Buyer shall shall, in its sole discretion, approve or disapprove, in writing, Buyer's due diligence on or before expiration of the Due Diligence Period. If Buyer disapproves Buyer's due diligence, in writing, on or before expiration of the Due Diligence Period, this Agreement shall terminate and Escrow Holder shall deliver to Buyer the Deposit and thereafter, neither Seller nor Buyer shall have any further obligation or liability under this Agreement, except for the Obligations Surviving Termination (as hereinafter defined).

Appears in 2 contracts

Samples: Purchase Agreement (Aei Net Lease Income & Growth Fund Xx Limited Partnership), Assignment of Purchase Agreement (Aei Net Lease Income & Growth Fund Xix Limited Partnership)

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