Common use of Residential Clause in Contracts

Residential. Buyer must object the earlier of (i) the Closing Date or (ii) 3 days after Xxxxx receives the Commitment, Exception Documents, and the survey. Xxxxx's failure to object within the time allowed will constitute a waiver of Buyer's right to object; except that the requirements in Schedule C of the Commitment are not waived. Provided Seller is not obligated to incur any expense, Seller shall cure any timely objections of Buyer or any third party lender within 15 days after Seller receives the objections (Cure Period) and the Closing Date will be extended as necessary. If objections are not cured within the Cure Period, Buyer may, by delivering notice to Seller within 5 days after the end of the Cure Period: (i) terminate this contract and the xxxxxxx money will be refunded to Buyer; or (ii) waive the objections. If Buyer does not terminate TXR 1607 Initialed for identification by Xxxxx and Seller TREC NO. 9-15 Contract Concerning LOT 00 XXXXXX XXXXXX XXXXXXX 0, XXXX XXXXXX, TX 77640 Page 3 of 10 11-08-2021 within the time required, Buyer shall be deemed to have waived the objections. If the Commitment or Survey is revised or any new Exception Document(s) is delivered, Buyer may object to any new matter revealed in the revised Commitment or Survey or new Exception Document(s) within the same time stated in this paragraph to make objections beginning when the revised Commitment, Survey, or Exception Document(s) is delivered to Buyer.

Residential. Buyer must object the earlier of (i) the Closing Date or (ii) 3 days after Xxxxx receives the Commitment, Exception Documents, and the survey. Xxxxx's failure to object within the time allowed will constitute a waiver of Buyer's right to object; except that the requirements in Schedule C of the Commitment are not waived. Provided Seller is not obligated to incur any expense, Seller shall cure any timely objections of Buyer or any third party lender within 15 days after Seller receives the objections (Cure Period) and the Closing Date will be extended as necessary. If objections are not cured within the Cure Period, Buyer may, by delivering notice to Seller within 5 days after the end of the Cure Period: (i) terminate this contract and the xxxxxxx money will be refunded to Buyer; or (ii) waive the objections. If Buyer does not terminate TXR 1607 Initialed for identification by Xxxxx and Seller TREC NO. 9-15 Contract Concerning LOT 00 XXXXXX XXXXXX XXXXXXX 080 MARINA COLONY SEC I .119 AC (5 200SF), XXXX PORT XXXXXX, TX 77640 Page 3 of 10 11-08-2021 within the time required, Buyer shall be deemed to have waived the objections. If the Commitment or Survey is revised or any new Exception Document(s) is delivered, Buyer may object to any new matter revealed in the revised Commitment or Survey or new Exception Document(s) within the same time stated in this paragraph to make objections beginning when the revised Commitment, Survey, or Exception Document(s) is delivered to Buyer.

Residential. Buyer must object the earlier of (i) the Closing Date or (ii) 3 days after Xxxxx receives the Commitment, Exception Documents, and the survey. Xxxxx's failure to object within the time allowed will constitute a waiver of Buyer's right to object; except that the requirements in Schedule C of the Commitment are not waived. Provided Seller is not obligated to incur any expense, Seller shall cure any timely objections of Buyer or any third party lender within 15 days after Seller receives the objections (Cure Period) and the Closing Date will be extended as necessary. If objections are not cured within the Cure Period, Buyer may, by delivering notice to Seller within 5 days after the end of the Cure Period: (i) terminate this contract and the xxxxxxx money will be refunded to Buyer; or (ii) waive the objections. If Buyer does not terminate TXR 1607 Initialed for identification by Xxxxx and Seller TREC NO. 9-15 Produced with Lone Wolf Transactions (zipForm Edition) 000 X Xxxxxxx Xx, Suite 2200, Dallas, TX 75201 xxx.xxxxx.xxx Southwind Lot 78 Contract Concerning LOT 00 XXXXXX XXXXXX XXXXXXX 078 MARINA COLONY SEC I .129 AC (5 600SF), XXXX PORT XXXXXX, TX 77640 Page 3 of 10 11-08-2021 within the time required, Buyer shall be deemed to have waived the objections. If the Commitment or Survey is revised or any new Exception Document(s) is delivered, Buyer may object to any new matter revealed in the revised Commitment or Survey or new Exception Document(s) within the same time stated in this paragraph to make objections beginning when the revised Commitment, Survey, or Exception Document(s) is delivered to Buyer.