Common use of Purchaser's Election to Accept Title Clause in Contracts

Purchaser's Election to Accept Title. Purchaser shall have the additional election, at either the original or any earlier or extended time for performance, to accept such title as Seller can deliver to the Property in its then condition and to pay therefor the Purchase Price without deduction (but subject to adjustment as provided in Section 16), in which case Seller shall convey such title.

Purchaser's Election to Accept Title. The Purchaser shall have the additional election, at either the original or any earlier or extended time for performance, to accept such title as the Seller can deliver to the Property Premises in its then condition and to pay therefor the Purchase Price Price, without deduction (but subject to adjustment as provided in Section 16)deduction, in which case the Seller shall convey such title.

Purchaser's Election to Accept Title. Purchaser shall have the additional election, at either the original or any earlier or extended time for performance, to waive any Failure of Condition and to accept such title as Seller can deliver to the Property in its then condition and to pay therefor the Purchase Price without deduction (but subject to adjustment as provided in Section 16Paragraph 15 hereof), reduced by an amount equal to the sum of all amounts required to remove all encumbrances described in Paragraph 12 which secure the payment of money and which have not been removed by Seller, in which case Seller shall convey such titletitle to the Property.