Common use of Termination During Due Diligence Period Clause in Contracts

Termination During Due Diligence Period. If Buyer exercises its right to terminate this Agreement by written notice to Seller in accordance with Section 3 below, the Xxxxxxx Money Deposit shall be refunded to Buyer. If Buyer fails to exercise its right to terminate this Agreement by written notice to Seller within the Due Diligence Period, then the Xxxxxxx Money Deposit shall become non-refundable.

Appears in 5 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement, Real Estate Purchase Agreement

AutoNDA by SimpleDocs

Termination During Due Diligence Period. If Buyer exercises its right to terminate this Agreement by written notice to Seller in accordance with Section 3 4 below, Seller shall cause the Xxxxxxx Money Deposit shall to be promptly refunded to Buyer. If Buyer fails to exercise its right to terminate this Agreement by written notice to Seller within the Due Diligence Period, then the Xxxxxxx Money Deposit shall become non-refundable.

Appears in 1 contract

Samples: Purchase Agreement

Termination During Due Diligence Period. If Buyer exercises its right to terminate this Agreement by written notice to Seller in accordance with Section 3 below, the Xxxxxxx Money Deposit shall be refunded to Buyer within thirty (30) days after Seller receives Buyer's written notice of termination. If Buyer fails to exercise its right to terminate this Agreement by written notice to Seller within the Due Diligence Period, then the Xxxxxxx Money Deposit shall become non-refundable.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

Termination During Due Diligence Period. If Buyer exercises its her right to terminate this Agreement by written notice to Seller in accordance with Section 3 below, the Xxxxxxx Money Deposit shall be refunded to Buyer. If Buyer fails to exercise its her right to terminate this Agreement by written notice to Seller within the Due Diligence Period, then the Xxxxxxx Money Deposit shall become non-refundable.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

AutoNDA by SimpleDocs

Termination During Due Diligence Period. If Buyer exercises its right to terminate this Agreement by written notice to Seller in accordance with Section 3 4 below, the Xxxxxxx Earnest Money Deposit Dxxxxxx shall be refunded to Buyer. If Buyer fails to exercise its right to terminate this Agreement by written notice to Seller within the Due Diligence Period, then the Xxxxxxx Earnest Money Deposit Dxxxxxx shall become non-refundable.

Appears in 1 contract

Samples: Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!