Seller Default/Purchaser’s Remedies. If Seller fails in any material respect to perform its obligations under this Agreement, and Seller does not cure such failure within five (5) days after its receipt of written notice of such failure from Purchaser (a “Seller Default”) (provided that such five (5) day cure period shall not apply to a default by Seller to deposit the Deed and other closing documents to be held in escrow with the Escrow Company on the Closing Date) then Purchaser may elect as its sole and exclusive remedy (at law or in equity):
Appears in 7 contracts
Samples: Agreement for Sale, Assignment and Assumption Agreement (Carey Watermark Investors 2 Inc), Agreement for Sale (Carey Watermark Investors Inc)
