Common use of Notice of Decision Not To Proceed Clause in Contracts

Notice of Decision Not To Proceed. Buyer shall have elected to exercise Buyer's option to purchase the Property unless prior to the end of any Due Diligence Period, Buyer notifies Seller of Buyer's decision not to proceed by delivering to Seller a notice of termination of this Agreement. In the event Buyer does not terminate this Agreement prior to the end of the Due Diligence Period, then: (a) Buyer shall have accepted the Property "as-is" subject to the terms of this Agreement; and (b) Buyer shall no longer have any right to terminate this Agreement based upon the Due Diligence Period.

Notice of Decision Not To Proceed. Buyer shall have elected to exercise BuyerXxxxx's option to purchase the Property unless prior to the end of any Due Diligence Period, Buyer notifies Seller of Buyer's decision not to proceed by delivering to Seller a notice of termination of this Agreement. In the event Buyer does not terminate this Agreement prior to the end of the Due Diligence Period, then: (a) Buyer shall have accepted the Property "as-is" subject to the terms of this Agreement; and (b) Buyer shall no longer have any right to terminate this Agreement based upon the Due Diligence Period.

Notice of Decision Not To Proceed. Buyer Xxxxx shall have elected to exercise BuyerXxxxx's option to purchase the Property unless prior to the end of any Due Diligence Period, Buyer notifies Seller of Buyer's decision not to proceed by delivering to Seller a notice of termination of this Agreement. In the event Buyer does not terminate this Agreement prior to the end of the Due Diligence Period, then: (a1) Buyer shall have accepted the Property "as-is" subject to the terms of this Agreement; and (b2) Buyer shall no longer have any right to terminate this Agreement based upon the Due Diligence Period.. PURCHASE AND SALE AGREEMENT

Notice of Decision Not To Proceed. Buyer shall have elected to exercise Buyer's option to purchase the Property unless prior to the end of any Due Diligence Period, Buyer notifies Seller of Buyer's decision not to proceed by delivering to Seller a notice of termination of this Agreement. In the event Buyer does not terminate this Agreement prior to the end of the Due Diligence Period, then: (a1) Buyer shall have accepted the Property "as-is" subject to the terms of this Agreement; and (b2) Buyer shall no longer have any right to terminate this Agreement based upon the Due Diligence Period. PURCHASE AND SALE AGREEMENT 10. Return and Disbursement of Xxxxxxx Money.