Common use of Liability of Purchaser Clause in Contracts

Liability of Purchaser. If the Purchaser will default in the performance of any obligation under this Agreement and such default entitles the Vendor to terminate this Agreement, such right of termination will be the Vendor's only remedy and the, Vendor will be entitled to retain the Deposit as liquidated damages and not as a penalty.

Liability of Purchaser. If the Purchaser will shall default in the performance of any obligation under this Agreement offer to purchase and such default entitles the Vendor to terminate this Agreementoffer to purchase, such right of termination will shall be the Vendor's only remedy and the, the Vendor will shall be entitled to retain the First Deposit as liquidated damages damages, the Vendor hereby waiving any and not as a penaltyall other remedies available to it by law or otherwise.

Liability of Purchaser. If the Purchaser will default in the performance of any obligation under this Agreement and such default entitles the Vendor to terminate this Agreement, such right of termination will be the Vendor's only remedy and the, the Vendor will be entitled to retain the Deposit as liquidated damages and not as a penalty.

Liability of Purchaser. If the Purchaser will shall default in the performance of any obligation under this Agreement and such default entitles the Vendor to terminate this Agreement, such right of termination will be the Vendor's only remedy and the, the Vendor will be entitled to retain the Deposit as liquidated damages and not as a penalty.