Common use of Return of Payments Clause in Contracts

Return of Payments. Upon the occurrence of any event deemed to be a default by Seller hereunder, all payments previously made by Purchaser to Seller or the Title Company hereunder shall be forthwith returned to Purchaser by the Title Company on receipt of written notice from Purchaser that Seller has defaulted under this Agreement, which written notice need not be accompanied by any other document or consent of any other party hereto. If such sums are to be returned to Purchaser in accordance with this Section 10.1(c), Seller shall promptly, on written request from Purchaser, execute and deliver such documents as may be required to cause the Title Company to return such sums to Purchaser.

Return of Payments. Upon the occurrence of any event deemed to be a default by Seller Purchaser hereunder, all payments previously made by Purchaser to Seller or the Title Company hereunder shall be forthwith returned paid to Purchaser Seller by the Title Company on receipt of written notice from Seller that Purchaser that Seller has defaulted under this Agreement, which written notice need not be accompanied by any other document or consent of any other party hereto. If such sums are to be returned paid to Purchaser Seller in accordance with this Section 10.1(c), Seller Purchaser shall promptly, on written request from PurchaserSeller, execute and deliver such documents as may be required to cause the Title Company to return pay such sums to PurchaserSeller.