Same Condition. If the Property is not in substantially the same or better condition at Closing as it was as of the date of the offer, reasonable wear and tear excepted, then Buyer may terminate this Contract and receive a return of the Xxxxxxx Money.
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Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Global Growth Trust, Inc.)
Same Condition. If the Property is not in substantially the same or better condition at Closing as it was as of the date of the offer, reasonable wear and tear excepted, then the Buyer may (i) terminate this Contract Agreement and receive a return of the Xxxxxxx MoneyMoney or (ii) proceed to Closing whereupon Buyer shall be entitled to receive, in addition to the Property, any of the Seller's insurance proceeds payable on account of the damage or destruction applicable to the Property.
Appears in 2 contracts
