Common use of FEASIBILITY PERIOD AND RIGHT TO TERMINATE Clause in Contracts

FEASIBILITY PERIOD AND RIGHT TO TERMINATE. Buyer may terminate this contract for any reason within PARA.11. days after the effective date by providing Seller with written notice of termination. If Buyer does not terminate within the time required, Buyer accepts the Property in its present "as is" condition with any repairs Seller is obligated to complete under this contract. (Check only one box.) (a) If Buyer terminates under this Paragraph 7B(3), the earnest money will be refunded to Buyer less $ PARA 11 xxxx Xxller will retain as independent consideration for Buyer's right to terminate. Buyer has tendered the independent consideration to Seller upon payment of the full amount specified in Paragraph 5 to the escrow agent. The independent consideration is to be credited to the sales price only upon closing of the sale. (b) Buyer has paid Seller $ N/A as independent consideration for Buyer's right to terminate by tendering such amount directly to Seller or Seller's agent. If Buyer terminates under this Paragraph 7B(3), the earnest money will be refunded to Buyer and Seller will xxxxxx the independent consideration. The independent consideration |_| will |_| will not be credited to the sales price upon closing of the sale. Initialed for Identification by Buyer______,______ Seller_______,_______ Commercial Contract - Improved Property concerning SEABERG ROAD, DAYTON,

Appears in 2 contracts

Samples: Commercial Contract Improved Property (Imperial Petroleum Recovery Corp), Commercial Contract Improved Property (Imperial Petroleum Recovery Corp)

AutoNDA by SimpleDocs

FEASIBILITY PERIOD AND RIGHT TO TERMINATE. Buyer may terminate this contract for any reason within PARA.11. 10 days after the effective date by providing Seller with written notice of termination. If Buyer does not terminate within the time required, Buyer accepts the Property in its present "as is" condition with any repairs Seller is obligated to complete under this contract. (Check only one box.)) [X] (a) If Buyer terminates under this Paragraph 7B(3), the earnest xxxxxxx money will be refunded to Buyer less $ PARA 11 xxxx Xxller $200.00 that Seller will retain as independent consideration for Buyer's right to terminate. Buyer has tendered the independent consideration to Seller upon payment of the full amount specified in Paragraph 5 to the escrow agent. The independent consideration is to be credited to the sales price only upon closing of the sale.. [ ] (b) Buyer has paid Seller $ N/A $_____ as independent consideration for Buyer's right to terminate by tendering such amount directly to Seller or Seller's agent. If Buyer terminates under this Paragraph 7B(3), the earnest xxxxxxx money will be refunded to Buyer and Seller will xxxxxx retain the independent consideration. The independent consideration |_| [ ] will |_| [ ] will not be credited to the sales price upon closing of the sale. Initialed for Identification by Buyer______,______ Seller_______,_______ Commercial Contract - Improved Property concerning SEABERG ROAD0000 Xxxxxxx Xx., DAYTON,Xxxxxx, XX 00000

Appears in 1 contract

Samples: Assignment of Purchase Agreement (Montgomery Realty Group Inc)

FEASIBILITY PERIOD AND RIGHT TO TERMINATE. Buyer may terminate this contract for any reason within PARA.11. 60 days after the effective date by providing Seller with written notice of termination. If Buyer does not terminate within the time required, Buyer accepts the Property Xxxxxrty in its present PRESENT "as isAS IS" condition CONDITION with any repairs Seller is obligated to complete under this contract. (Check only one box.) (a) If Buyer terminates under this Paragraph 7B(3), the earnest money will be refunded xx xxxunded to Buyer less $ PARA 11 xxxx Xxller $that Seller will retain as independent consideration co nsideration for Buyer's right to terminate. Buyer has tendered the independent consideration to Seller upon payment of the full amount specified in Paragraph 5 to the escrow agent. The independent consideration is to be credited to the sales price only upon closing of the sale. (b) Buyer has paid Seller $ N/A $1000 as independent consideration for BuyerBuy er's right to terminate by tendering such amount directly to Seller or Seller's agent. If Buyer terminates under this Paragraph 7B(3), the earnest money will be refunded xx xefunded to Buyer and Seller will xxxxxx retain the independent consideration. The independent consideration |_| [x] will |_| [ ] will not be credited to the sales price upon closing of the sale. Initialed for Identification by Buyer______,______ Seller_______,_______ Buyer /s/ DQ Seller /x/ XPJ Commercial Contract - Improved Property concerning SEABERG ROAD11617 Research Boulexxxx, DAYTON,Xxxxxx, XX 00000

Appears in 1 contract

Samples: Commercial Contract (Aei Income & Growth Fund Xxii LTD Partnership)

AutoNDA by SimpleDocs

FEASIBILITY PERIOD AND RIGHT TO TERMINATE. Buyer may terminate this contract for any reason within PARA.11. 60 days after receipt of title, commitment and survey the effective date by providing Seller with written notice of termination. If Buyer does not terminate txxxxxate within the time required, Buyer accepts xxcepts the Property in its present "as isif" condition with any repairs Seller seller is obligated to complete under this contract. (Check only one box.) (a) If Buyer terminates under this Paragraph 7B(3), the earnest money will be xxxx xx refunded to Buyer less $ PARA 11 xxxx Xxller $1000 that Seller will retain as independent consideration for Buyer's right to terminate. Buyer has tendered the independent consideration to Seller upon payment of the full amount specified in Paragraph 5 to the escrow agent. The independent consideration is to be credited to the sales price only upon closing of the sale. (b) Buyer has paid Seller $ N/A ___ as independent consideration for Buyer's right to terminate by tendering such amount directly to Seller or Seller's agent. If Buyer terminates under this Paragraph 7B(3), the earnest money will be wixx xx refunded to Buyer and Seller will xxxxxx retain the independent consideration. The independent consideration |_| [ ] will |_| [ ] will not be credited to the sales price upon closing of the sale. Initialed for Identification by Buyer______,______ Seller_______,_______ Buyer /s/ DT, Sxxxxx /s/ ML Commercial Contract - Improved Property concerning SEABERG ROAD3103 I-30 W, DAYTON,Grexxxxxxx, XX

Appears in 1 contract

Samples: Commercial Contract (Aei Real Estate Fund Xv LTD Partnership)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!