Common use of Rightful Termination by Purchaser Clause in Contracts

Rightful Termination by Purchaser. In the event that the conditions precedent to Purchaser's obligation to close are not satisfied and Purchaser terminates this Agreement pursuant to the terms hereof, the Earnest Money Deposix xxxxx be returned in full to Purchaser as its sole remedy, and the parties shall have no further liability to one another, except as may otherwise be expressly provided hereunder.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Walden Residential Properties Inc), Purchase and Sale Agreement (Walden Residential Properties Inc)

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Rightful Termination by Purchaser. In the event that the conditions precedent to Purchaser's obligation to close are not satisfied and Purchaser terminates this Agreement pursuant to the terms hereof, the Earnest Money Deposix xxxxx be returned in full to Purchaser as its sole remedy, and the parties shall have no further liability to one another, except as may otherwise be expressly provided hereunderfor herein.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Walden Residential Properties Inc)

Rightful Termination by Purchaser. In the event that the conditions precedent to Purchaser's obligation to close are not satisfied and Purchaser terminates this Agreement pursuant to the terms hereof, the Earnest Money Deposix xxxxx Deposxx xxxxl be returned in full to Purchaser as its sole remedy, and the parties shall have no further liability to one another, except as may otherwise be expressly provided hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Walden Residential Properties Inc)

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Rightful Termination by Purchaser. In the event that the conditions precedent to Purchaser's obligation to close are not satisfied and Purchaser terminates this Agreement pursuant to the terms hereof, the Earnest Money Deposix xxxxx Deposxx xxxxl be returned in full to Purchaser as its sole remedy, and the parties shall have no further liability to one another, except as may otherwise be expressly provided hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cozumel Apartments) (Walden Residential Properties Inc)

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