Risk of Loss; Insurance; Condemnation. Risk of loss of or damage to the Property shall be borne by Xxxxx from the date hereof until the date of Closing. Buyer shall insure the Property. In the event of material loss of, or damage to, the Property, Seller shall not be obligated to restore the Property nor pay damages to Buyer by reason of such loss or damage, and Buyer shall nonetheless be obligated to purchase the Property on the date of Closing upon the terms and conditions agreed herein.
Appears in 4 contracts
Samples: Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement
Risk of Loss; Insurance; Condemnation. Risk of loss of or damage to the Property shall be borne by Xxxxx Buyer from the date hereof until the date of Closing. Buyer shall insure the Property. In the event of material loss of, or damage to, the Property, Seller shall not be obligated to restore the Property nor pay damages to Buyer by reason of such loss or damage, and Buyer shall nonetheless be obligated to purchase the Property on the date of Closing upon the terms and conditions agreed herein.
Appears in 4 contracts
Samples: Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement
Risk of Loss; Insurance; Condemnation. Risk of loss of or damage to the Property shall be borne by Xxxxx Buyer from the date hereof until the date of Closing. Buyer shall insure the Property. In the event of material loss of, or damage to, the Property, Seller shall not be obligated to restore the Property nor pay damages to Buyer by reason of such loss or damage, and Buyer shall nonetheless be obligated to purchase the Property on the date of Closing upon the terms and conditions agreed herein.. SAMPLE
Appears in 3 contracts
Samples: Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement
Risk of Loss; Insurance; Condemnation. Risk of loss of or damage to the Property shall be borne by Xxxxx Buyer from the date hereof until the date of Closing. Buyer shall insure the Property. In the event of material loss of, or damage to, the Property, Seller shall not be obligated to restore the Property nor pay damages to Buyer by reason of such loss or damage, and Buyer shall nonetheless be obligated to purchase the Property on the date of Closing upon the terms and conditions agreed herein.
Appears in 2 contracts
Samples: Commercial Real Estate Purchase and Sale Agreement, Commercial Real Estate Purchase and Sale Agreement
Risk of Loss; Insurance; Condemnation. Risk of loss of or damage to the Property shall be borne by Xxxxx from the date hereof until the date of Closing. Buyer shall insure the Property. In the event of material loss of, or damage to, the Property, Seller shall not be obligated to restore the Property nor pay damages to Buyer by reason of such loss or damage, and Buyer shall nonetheless be obligated to purchase the Property on the date of Closing upon the terms and conditions agreed herein.. SAMPLE
Appears in 1 contract
Risk of Loss; Insurance; Condemnation. Risk of loss of or damage to the Property shall be borne by Xxxxx from the date hereof until the date of Closing. Buyer shall insure the Property. In the event of material loss of, or damage to, the Property, Seller shall not be obligated to restore the Property nor pay damages to Buyer by reason of such loss or damage, and Buyer shall nonetheless be obligated to purchase the Property on the date of Closing upon the terms and conditions agreed herein.
Appears in 1 contract
