Common use of Permitted Termination; Seller Default Clause in Contracts

Permitted Termination; Seller Default. If the sale of the Property is not consummated due to the permitted termination of this Agreement by Buyer as herein expressly provided, the Deposit shall be returned to Buyer and Buyer will have no liability hereunder except as set forth in Sections 3.4, 3.5, 3.6, 9.6 and 10.

Appears in 3 contracts

Samples: Agreement of Sale and Purchase, Agreement of Sale and Purchase (Fore Holdings LLC), Agreement of Sale and Purchase (G Reit Inc)

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Permitted Termination; Seller Default. If the sale of the Property is not consummated due to the permitted termination of this Agreement by Buyer as herein expressly provided, the Deposit shall be returned to Buyer and Buyer will have no liability hereunder except as set forth in Sections SECTIONS 3.4, 3.5, 3.6, 9.6 and 10.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Behringer Harvard Short Term Opportunity Fund I Lp)

Permitted Termination; Seller Default. If the sale of the Property is not consummated due to the permitted termination of this Agreement by Buyer as herein expressly provided, the Deposit shall be returned to Buyer and Buyer will have no liability hereunder except as set forth in Sections 3.44.5, 3.54.6, 3.64.7, 9.6 10.7 and 1011.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (CNL Income Properties Inc)

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Permitted Termination; Seller Default. If the sale of the Real Property is not consummated due to the permitted termination of this Agreement by Buyer as herein expressly providedprovided or the failure of a condition precedent to Buyer’s obligation to close as set forth in Section 9.8, the Deposit shall be returned to Buyer and Buyer will have no liability hereunder except as set forth in Sections 3.4, 3.5, 3.69.6, 9.6 10.13 and 10.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Donnelley Financial Solutions, Inc.)

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