Common use of Nature of Deposit Clause in Contracts

Nature of Deposit. The Deposit is non-refundable except in the event Buyer properly terminates this Agreement pursuant to the terms of the financing contingency (see Section 6) or the inspection contingency (Section 7), as may be applicable, or in the event of a Seller's Default pursuant to Section

Appears in 5 contracts

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

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