Common use of FAILURE TO PERFECT TITLE OR MAKE PREMISES CONFORM Clause in Contracts

FAILURE TO PERFECT TITLE OR MAKE PREMISES CONFORM. If at the expiration of the extended time the SELLER shall have failed so to remove any defects in title, deliver possession, or make the premises conform, as the case may be, all as herein agreed, then any payments made under this agreement shall be forthwith refunded and all other obligations of the parties hereto shall cease and this agreement shall be void without recourse to the parties hereto.

Appears in 7 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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FAILURE TO PERFECT TITLE OR MAKE PREMISES CONFORM. If at the expiration of the extended time the SELLER shall have failed so to remove any defects in title, deliver possession, or make the premises conform, as the case may be, all as herein agreed, then any payments made or consideration given under this agreement shall be forthwith refunded and returned and all other obligations of the parties hereto shall cease and this agreement shall be void without recourse to the parties hereto.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

FAILURE TO PERFECT TITLE OR MAKE PREMISES CONFORM. If at the expiration of the extended time the SELLER shall have failed so to remove any defects in title, deliver possession, or make the premises conform, as the case may be, all as herein agreed, then any payments made under this agreement Agreement shall be forthwith refunded and all other obligations of the parties hereto shall cease and this agreement Agreement shall be void without recourse to the parties hereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement

FAILURE TO PERFECT TITLE OR MAKE PREMISES CONFORM. If at the expiration of the extended time for performance the SELLER Seller shall have failed so to remove any defects in titletitle as set forth herein, deliver possession, or make the premises Premises conform, as the case may be, all as herein agreed, then then, at the Buyer's option, any payments made under this agreement Agreement, except for the Initial Deposit which the Seller shall be entitled to keep, shall be forthwith refunded to Buyer and all other obligations of the parties hereto shall cease and this agreement Agreement shall be void and without recourse to the parties hereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Syratech Corp)

FAILURE TO PERFECT TITLE OR MAKE PREMISES CONFORM. If at the expiration of the any such extended time the SELLER Seller shall have failed so to remove any defects in title, or deliver possession, or make the premises Premises conform, as the case may be, all as herein agreed, then then, at the Purchaser’s option, any payments made under this agreement Agreement shall be forthwith refunded and all other obligations of the all parties hereto shall cease and this agreement Agreement shall be void and without recourse to the parties hereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ixys Corp /De/)

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FAILURE TO PERFECT TITLE OR MAKE PREMISES CONFORM. If at the expiration of the extended time for performance the SELLER Seller shall have failed so to remove any defects in title, deliver possession, or make the premises Premises conform, as the case may be, all as herein agreed, then then, at the Buyer's option, any payments made under this agreement Agreement shall be forthwith refunded and all other obligations of the parties hereto shall cease and this agreement Agreement shall be void and without recourse to the parties hereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Syratech Corp)

FAILURE TO PERFECT TITLE OR MAKE PREMISES CONFORM. If at the expiration of the extended time the SELLER shall have failed so to remove any defects in title, deliver possession, or make the premises unit conform, as the case may be, all as herein agreed, then any payments made under this agreement shall be forthwith refunded and all other obligations of the all parties hereto shall cease and this agreement shall be void without recourse to the parties hereto.

Appears in 1 contract

Samples: Terms and Conditions of Sale

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