Common use of SALE OF BUYER’S PROPERTY Clause in Contracts

SALE OF BUYER’S PROPERTY. SELLER’S Property shall remain on the market for sale. If SELLER receives another acceptable bona fide offer before the sale and closing of BUYER’S Property, BUYER shall have the amount of time provided in Paragraph 5 of this Contract after notice from SELLER in which to remove both the condition for the sale of BUYER’S Property described in this paragraph and Paragraph 5, and all financing conditions of this Contract. BUYER agrees that, at the time of removing these conditions, BUYER will deposit with the Escrow Agent additional Xxxxxxx Money equal to the amount stated in Paragraph 5 of this Contract. If BUYER does not remove these conditions and deposit the additional Xxxxxxx Money within the time stated in Paragraph 5, this Contract shall be canceled and any Xxxxxxx Money shall be returned to BUYER.

SALE OF BUYER’S PROPERTY. SELLER’S Property shall remain on the market for sale. If SELLER receives another acceptable bona fide offer before the sale and closing of BUYER’S Property, BUYER shall have the amount of time provided in Paragraph 5 of this Contract after notice from SELLER in which to remove both the condition for the sale of BUYER’S Property described in this paragraph and Paragraph 5, and all financing conditions of this Contract. BUYER XXXXX agrees that, at the time of removing these conditions, BUYER will deposit with the Escrow Agent additional Xxxxxxx Money equal to the amount stated in Paragraph 5 of this Contract. If BUYER does not remove these conditions and deposit the additional Xxxxxxx Money within the time stated in Paragraph 5, this Contract shall be canceled and any Xxxxxxx Money shall be returned to BUYER.