Return of Seller’s Documents. If escrow or this Agreement is terminated for any reason, Purchaser shall, within five (5) days following such termination, deliver to Seller all documents and materials relating to the Golf Course previously delivered to Purchaser by Seller or by third parties at Seller’s direction. Escrow Agent shall deliver all documents and materials deposited by Seller and then in Escrow Agent’s possession to Seller and shall destroy any documents executed by both Purchaser and Seller. Upon delivery by Escrow Agent to Seller (or such destruction, as applicable) of such documents and materials, Escrow Agent’s obligations with regard to such documents and materials under this Agreement shall be deemed fulfilled and Escrow Agent shall have no further liability with regard to such documents and materials to either Seller or Purchaser.
Appears in 4 contracts
Samples: Sale, Purchase and Escrow Agreement, Sale, Purchase and Escrow Agreement, Sale, Purchase and Escrow Agreement (Maui Land & Pineapple Co Inc)
Return of Seller’s Documents. If escrow or this Agreement is terminated for any reason, Purchaser shall, within five (5) days following such termination, deliver to Seller all documents and materials relating to the Golf Course Property previously delivered to Purchaser by Seller or by third parties at Seller’s direction. Escrow Agent shall deliver all documents and materials deposited by Seller and then in Escrow Agent’s 's possession to Seller and shall destroy any documents executed by both Purchaser and Seller. Upon delivery by Escrow Agent to Seller (or such destruction, as applicable) of such documents and materials, Escrow Agent’s 's obligations with regard to such documents and materials under this Agreement shall be deemed fulfilled and Escrow Agent shall have no further liability with regard to such documents and materials to either Seller or Purchaser.
Appears in 2 contracts
Samples: Sale, Purchase and Escrow Agreement (Behringer Harvard Opportunity REIT I, Inc.), Sale, Purchase and Escrow Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
