Common use of Seller’s Option to Terminate Clause in Contracts

Seller’s Option to Terminate. Seller shall have the option to terminate this Agreement as to all Properties ("Seller's Termination Option") if Purchaser exercises any right of termination hereunder as to any Property, and such termination has the effect of reducing the aggregate Base Price of the Properties to be closed by Purchaser hereunder to less than fourteen million five hundred thousand ($14,500,000) dollars, as determined by reference to the Base Price of each of the Properties set forth in Exhibit "A" hereto.

Appears in 5 contracts

Samples: Assignment of Purchase and Sale Agreement (Aei Income & Growth Fund Xxi LTD Partnership), Assignment of Purchase and Sale Agreement (Aei Income & Growth Fund Xxi LTD Partnership), Assignment of Purchase and Sale Agreement (Aei Net Lease Income & Growth Fund Xx Limited Partnership)

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