Common use of is checked Clause in Contracts

is checked. All 621 Xxxxxxx Money (whether or not paid by Buyer) shall be paid to Seller, and retained by Seller. Both parties shall thereafter be 622 released from all obligations hereunder. It is agreed that the Xxxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 not a penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 payment of Xxxxxxx Money shall be SELLER’S ONLY REMEDY for Buyer’s failure to perform the obligations of this Contract. 625 Seller expressly waives the remedies of specific performance and additional damages.

Appears in 2 contracts

Samples: Contract to Buy and Sell Real Estate, Contract to Buy and Sell Real Estate

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is checked. All 621 604 Xxxxxxx Money (whether or not paid by Buyer) shall be paid to Seller, and retained by Seller. Both parties shall thereafter be 622 605 released from all obligations hereunder. It is agreed that the Xxxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 606 not a penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 607 payment of Xxxxxxx Money shall be SELLER’S SOLE AND ONLY REMEDY for Buyer’s failure to perform the obligations of 608 this Contract. 625 Seller expressly waives the remedies of specific performance and additional damages.

Appears in 2 contracts

Samples: Contract to Buy and Sell Real Estate, Contract to Buy and Sell Real Estate

is checked. All 621 589 Xxxxxxx Money (whether or not paid by Buyer) shall be paid to Seller, and retained by Seller. Both parties shall thereafter be 622 590 released from all obligations hereunder. It is agreed that the Xxxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 591 not a penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 592 payment of Xxxxxxx Money shall be SELLER’S SOLE AND ONLY REMEDY for Buyer’s failure to perform the obligations of 593 this Contract. 625 Seller expressly waives the remedies of specific performance and additional damages.

Appears in 2 contracts

Samples: Contract to Buy and Sell Real Estate, Contract to Buy and Sell Real Estate

is checked. All 621 600 Xxxxxxx Money (whether or not paid by Buyer) shall be paid to Seller, and retained by Seller. Both parties shall thereafter be 622 601 released from all obligations hereunder. It is agreed that the Xxxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 602 not a penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 603 payment of Xxxxxxx Money shall be SELLER’S SOLE AND ONLY REMEDY for Buyer’s failure to perform the obligations of 604 this Contract. 625 Seller expressly waives the remedies of specific performance and additional damages.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

is checked. All 621 628 Xxxxxxx Money (whether or not paid by Buyer) shall be paid to Seller, and retained by Seller. Both parties shall thereafter be 622 629 released from all obligations hereunder. It is agreed that the Xxxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 630 not a penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 631 payment of Xxxxxxx Money shall be SELLER’S ONLY REMEDY for Buyer’s failure to perform the obligations of this Contract. 625 632 Seller expressly waives the remedies of specific performance and additional damages.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

is checked. All 621 Xxxxxxx 619 Exxxxxx Money (whether or not paid by Buyer) shall be paid to Seller, and retained by Seller. Both parties shall thereafter be 622 620 released from all obligations hereunder. It is agreed that the Xxxxxxx Exxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 621 not a penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 622 payment of Xxxxxxx Exxxxxx Money shall be SELLER’S 'S ONLY REMEDY for Buyer’s 's failure to perform the obligations of this Contract. 625 623 Seller expressly waives the remedies of specific performance and additional damages.

Appears in 1 contract

Samples: Real Estate Purchase and Sales Agreement (Wells Real Estate Fund Viii Lp)

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is checked. All 621 654 Xxxxxxx Money (whether or not paid by Buyer) shall be paid to Seller, and retained by Seller. Both parties shall thereafter be 622 655 released from all obligations hereunder. It is agreed that the Xxxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 656 not a penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 657 payment of Xxxxxxx Money shall be SELLER’S SOLE AND ONLY REMEDY for Buyer’s failure to perform the obligations of 658 this Contract. 625 Seller expressly waives the remedies of specific performance and additional damages.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

is checked. All 621 630 Xxxxxxx Money (whether or not paid by Buyer) shall be paid to Seller, and retained by Seller. Both parties shall thereafter be 622 631 released from all obligations hereunder. It is agreed that the Xxxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 632 not a penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 633 payment of Xxxxxxx Money shall be SELLER’S ONLY REMEDY for Buyer’s failure to perform the obligations of this Contract. 625 634 Seller expressly waives the remedies of specific performance and additional damages.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

is checked. All 621 636 Xxxxxxx Money (whether or not paid by BuyerXxxxx) shall will be paid to Seller, and retained by Seller. Both parties shall will thereafter be 622 released 637 from all obligations hereunder. It is agreed that the Xxxxxxx Money specified in § 4.1 is LIQUIDATED DAMAGES, and 623 not a 638 penalty, which amount the parties agree is fair and reasonable and (except as provided in §§ 10.4, 22, 23 and 24), said 624 payment of 639 Xxxxxxx Money shall be is SELLER’S ONLY REMEDY for Buyer’s failure to perform the obligations of this Contract. 625 Seller expressly 640 waives the remedies of specific performance and additional damages.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

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