Common use of No Termination Right Clause in Contracts

No Termination Right. Purchaser and Seller hereby acknowledge that Purchaser shall have no right to terminate this Contract as a result of damage or destruction sustained by the Property by any cause and to any extent.

Appears in 2 contracts

Samples: Purchase and Sale Contract (Universal Technical Institute Inc), Purchase and Sale Contract (Universal Technical Institute Inc)

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No Termination Right. Purchaser and Seller hereby acknowledge that Purchaser shall have no right to terminate this Contract as a result of damage or destruction sustained by an acquisition of any portion of the Property by any cause and to any extentgovernmental agency by the powers of eminent domain or transfer in lieu thereof.

Appears in 1 contract

Samples: Purchase and Sale Contract (Universal Technical Institute Inc)

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No Termination Right. Purchaser and Seller hereby acknowledge that Purchaser shall have no right to terminate this Contract as a result of damage or destruction sustained by an acquisition of any portion of the 34 Property by any cause and to any extentgovernmental agency by the powers of eminent domain or transfer in lieu thereof.

Appears in 1 contract

Samples: Purchase and Sale Contract (Universal Technical Institute Inc)

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