Non-Exercise of Option. In the event Optionee does not exercise the option to purchase the Property, the consideration paid to Optionor pursuant to Paragraph 2 above shall be forfeited and remain the property of Optionor.
Appears in 5 contracts
Samples: Real Estate Option Agreement (Blackhawk Biofuels, LLC), Real Estate Option Agreement (Blackhawk Biofuels, LLC), Real Estate Option Agreement (Blackhawk Biofuels, LLC)
