Common use of Failure of Seller to Cure Clause in Contracts

Failure of Seller to Cure. In the event Seller elects to cure any Disapproved Exception but is unable to do so or does not do so by the Closing Date, Buyer may (i) terminate this Agreement and receive a full refund of the Deposit and accrued interest thereon, or (ii) elect to waive its objection to the Disapproved Exception(s) in question and proceed to close escrow.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Limoneira CO), Purchase and Sale Agreement (Limoneira CO)

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Failure of Seller to Cure. In the event Seller elects to cure any Disapproved Exception but is unable unable, despite Seller's commercially reasonable efforts, to do so or does not do so by the Closing Date, Buyer may (i) terminate this Agreement and receive a full refund of the Deposit and accrued interest thereon$100 Payment), or (ii) elect to waive its objection to the Disapproved Exception(s) in question and proceed to close escrow.

Appears in 1 contract

Samples: Purchase Agreement (S&W Seed Co)

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Failure of Seller to Cure. In the event Seller elects to cure any Disapproved Exception but is unable unable, despite Seller's commercially reasonable efforts, to do so or does not do so by the Closing Date, Buyer may (i) terminate this Agreement and receive a full refund of the Deposit and accrued interest thereon$100 Payment), or (ii) elect to waive its objection to the Disapproved Exception(s) in question and proceed to close escrow.or

Appears in 1 contract

Samples: Purchase Agreement

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