Common use of Termination During Due Diligence Clause in Contracts

Termination During Due Diligence. Notwithstanding anything herein to the contrary, Purchaser shall have the right to terminate this Agreement at any time during the Due Diligence Period for any reason or for no reason whatsoever. Upon any such termination, the Deposit shall be returned to Purchaser, and the parties shall have no further liability or obligation to one another arising from such termination except for the surviving provisions described in ARTICLE 9.

Appears in 3 contracts

Samples: Asset Purchase Agreement (American Realty Capital Healthcare Trust III, Inc.), Asset Purchase Agreement (American Realty Capital Healthcare Trust III, Inc.), Asset Purchase Agreement (American Realty Capital Healthcare Trust II, Inc.)

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Termination During Due Diligence. Notwithstanding anything herein to the contrary, Purchaser shall have the right to terminate this Agreement at any time during the Due Diligence Period for any reason or for no reason whatsoeverwhatsoever with respect to all (but not less than all) of the Facilities. Upon any such termination, the Deposit shall be returned to Purchaser, and the parties shall have no further liability or obligation to one another arising from such termination except for the surviving provisions described in ARTICLE 9.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Realty Capital Healthcare Trust II, Inc.)

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Termination During Due Diligence. Notwithstanding anything herein to the contrary, Purchaser shall have the right to terminate this Agreement in its entirety at any time during the Due Diligence Period for any reason or for no reason whatsoever. Upon any such termination, the Deposit shall be returned to Purchaser, and the parties shall have no further liability or obligation to one another arising from such termination except for the surviving provisions described in ARTICLE 9.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (American Realty Capital Healthcare Trust II, Inc.)

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