Seller's Inability to Perform. In the event that Seller is unable to perform under this Contract by reason: (1) of Seller’s inability to obtain building permits, Certificates of Occupancy, or other governmental approvals upon terms acceptable to Seller in Seller’s sole discretion, (2) that the Unit cannot reasonably be constructed in conformity with governmental or engineering requirements, or (3) of any other fact, condition or circumstance outside the reasonable control of Seller or Builder; then Seller shall be entitled to terminate this Contract by providing Buyer written notice within 10 days following Seller’s knowledge of any of the criteria in this Section 6.2, in which event the Xxxxxxx Money shall be returned to Buyer without interest, and Seller and Buyer will be discharged from all duties and performance hereunder.
Appears in 4 contracts
Samples: Buy and Sell, Buy and Sell, Buy and Sell
