Seller’s Default; Remedies before Closing. If Seller fails to perform its obligations under this Contract or if Seller’s representations are not true and correct as of the Closing Date (“Seller’s Default”), Buyer may elect one of the following as its sole and exclusive remedy before Closing:
Appears in 2 contracts
Samples: Option to Purchase Agreement (ETX Park Fund #2, LLC), Option to Purchase (ETX Park Fund #2, LLC)
Seller’s Default; Remedies before Closing. If Seller fails to perform any of its obligations under this Contract contract or if any of Seller’s representations are is not true and correct as of the Effective Date or on the Closing Date (“Seller’s Default”), and Seller’s Default continues following the notice and opportunity to cure provided in paragraph L.5., infra, Buyer may elect one either of the following as its sole and exclusive remedy before Closingclosing:
Appears in 1 contract
Samples: Real Estate Purchase Contract
Seller’s Default; Remedies before Closing. If Seller fails to perform its obligations under this Contract or if Seller’s 's representations are not true and correct as of the Closing Date (“"Seller’s 's Default”"), Buyer may elect one either of the following as its sole and exclusive remedy before Closing:
Appears in 1 contract
Samples: Real Estate Sales Contract
