Common use of Remedies of Seller Clause in Contracts

Remedies of Seller. In the event that all conditions to Purchaser's obligation to close have been satisfied and Purchaser fails to close its purchase of the Property hereunder, the Earnest Money Deposix xxxxx be paid to Seller and retained by it as liquidated damages as Seller's sole and exclusive remedy hereunder. The parties acknowledge that Seller's damages occasioned by Purchaser's default hereunder would be difficult to ascertain, but agree that the amount of the Earnest Money Deposix xxxxxsents a reasonable estimate of Seller's damages.

Remedies of Seller. In the event that all conditions to Purchaser's obligation to close have been satisfied and Purchaser fails to close its purchase of the Property hereunder, the Earnest Money Deposix xxxxx Deposxx xxxxl be paid to Seller and retained by it them as liquidated damages as Seller's sole and exclusive remedy hereunder. The parties acknowledge that Seller's damages occasioned by Purchaser's default hereunder would be difficult to ascertain, but agree that the amount of the Earnest Money Deposix xxxxxsents Deposxx xxxxesents a reasonable estimate of Seller's damages.

Remedies of Seller. In the event that all conditions to Purchaser's obligation to close have been satisfied and Purchaser fails to close its purchase of the Property hereunder, the Earnest Money Deposix xxxxx Deposxx xxxxl be paid to Seller and retained by it as liquidated damages as Seller's sole and exclusive remedy hereunder. The parties acknowledge that Seller's damages occasioned by Purchaser's default hereunder would be difficult to ascertain, but agree that the amount of the Earnest Money Deposix xxxxxsents Deposxx xxxxesents a reasonable estimate of Seller's damages.