Common use of Termination Default and Remedies Clause in Contracts

Termination Default and Remedies. (a) If this Agreement is not signed by Seller and an executed copy delivered to Buyer within thirty (30) days after the date this Agreement has been signed by Buyer and an executed copy of this Agreement delivered to Seller, then this Agreement will automatically terminate and be of no further force or effect and the Xxxxxxx Money, if any has been delivered to Escrow Agent, will be returned to Buyer.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Termination Default and Remedies. (a) If this Agreement is not signed by Seller and an executed copy delivered to Buyer within thirty (30) days after the date this Agreement has been signed by Buyer Xxxxx and an executed copy of this Agreement delivered to Seller, then this Agreement will automatically terminate and be of no further force or effect and the Xxxxxxx Money, if any has been delivered to Escrow Agent, will be returned to Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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