Common use of TITLE AND SURVEY APPROVAL PERIODS Clause in Contracts

TITLE AND SURVEY APPROVAL PERIODS. Buyer shall have five (5) days from the later receipt of either the preliminary commitment or the final (not preliminary) survey (and any amendments, supplements and revisions to either in which new or revised exceptions or items first appear) to notify Seller of its disapproval of or questions about any exceptions shown in the preliminary commitment or any items on the survey. If, within two (2) days after the receipt of such notice Seller has not removed or given reasonable written assurances to Buyer that such disapproved exceptions or items will be removed on or before closing, Buyer may, at its option, at any time prior to such removal or receipt of such reasonable written assurances, terminate this Agreement by giving notice of such termination to Seller. On such termination Closing Agent shall refund the Deposit and all interest accrued thereon to Buyer and all rights and obligations of Seller and Buyer under this Agreement shall terminate and be of no further force or effect.

TITLE AND SURVEY APPROVAL PERIODS. Buyer shall have five ten (510) days from the later receipt of either the preliminary commitment or the final (not preliminary) survey (and any amendments, supplements and revisions to either in which new or revised exceptions or items first appear) to notify Seller of its disapproval approval of or questions about objection to any exceptions shown in the preliminary commitment or any items on the survey. If, within two fifteen (215) days after the receipt of such notice Seller has not removed or given reasonable written assurances to Buyer that such disapproved exceptions or items will be removed on or before closing, Buyer may, at its option, at any time prior to such removal or receipt of such reasonable written assurances, terminate this Agreement by giving notice of such termination to Seller. On such termination Closing Agent shall refund the Deposit and all interest accrued thereon to Buyer and all rights and obligations of Seller and Buyer under this Agreement shall terminate and be of no further force or effect.

TITLE AND SURVEY APPROVAL PERIODS. Buyer shall have five fifteen (515) days from the later receipt of either the preliminary commitment or the final (not preliminary) completed survey (and any amendments, supplements and revisions to either in which new or revised exceptions or items first appear) to notify Seller of its disapproval of or questions about any exceptions shown in the preliminary commitment or any items on the survey. If, within two twenty (220) days after the receipt of such notice Seller has not removed or given reasonable written assurances to Buyer that such disapproved exceptions or items will be removed on or before closing, Buyer may, at its option, at any time prior to such removal or receipt of such reasonable written assurances, terminate this Agreement by giving notice of such termination to Seller. On such termination Closing Agent shall refund the Deposit and all interest accrued thereon to Buyer and all rights and obligations of Seller and Buyer under this Agreement shall terminate and be of no further force or effect.

TITLE AND SURVEY APPROVAL PERIODS. Buyer shall have five fifteen (515) days from the later receipt of either the preliminary commitment commitments or the final (not preliminary) survey (and any amendments, supplements and revisions to either in which new or revised exceptions or items first appear) to notify Seller Sellers of its disapproval of or questions about any exceptions shown in the preliminary commitment or any items on the survey. If, within two twenty (220) days after the receipt of such notice Seller has Sellers have not removed or given reasonable written assurances to Buyer that such disapproved exceptions or items will be removed on or before closing, Buyer may, at its option, at any time prior to such removal or receipt of such reasonable written assurances, terminate this Agreement by giving notice of such termination to Sellerboth Sellers. On such termination Closing Agent shall refund the Deposit Deposits and all interest accrued thereon to Buyer and all rights and obligations of Seller Sellers and Buyer under this Agreement shall terminate and be of no further force or effect. NOTE LAST SENTENCE ADDED TO SECTION 3.3 TO AGREEMENT PER LETTER DATED 7/3/97.

TITLE AND SURVEY APPROVAL PERIODS. Buyer shall have five fifteen (515) days from the later receipt of either the preliminary commitment or the final (not preliminary) completed survey (and any amendments, supplements and revisions to either in which new or revised exceptions or items first appear) to notify Seller of its disapproval of or questions about any exceptions shown in the preliminary commitment or any items on the survey. If, within two twenty (220) days after the receipt of such notice Seller has not removed or given reasonable written assurances to Buyer that such disapproved exceptions or of items will be removed on or before closing, Buyer may, at its option, at any time prior to such removal or receipt of such reasonable written assurances, terminate this Agreement by giving notice of such termination to Seller. On such termination Closing Agent shall refund the Deposit and all interest accrued thereon to Buyer and all rights and obligations of Seller and Buyer under this Agreement shall terminate and be of no further force or effect.

TITLE AND SURVEY APPROVAL PERIODS. Buyer shall have five fifteen (515) days from the later receipt of either the preliminary commitment or the final (not as opposed to preliminary) survey (and any amendments, supplements and revisions to either in which new or revised exceptions or items first appear) to notify Seller of its disapproval of or questions about any exceptions shown in the preliminary commitment or any items on the survey. If, within two twenty (220) days after the receipt of such notice Seller has not removed or given reasonable written assurances to Buyer that such disapproved exceptions or items will be removed on or before closing, Buyer may, at its option, at any time prior to such removal or receipt of such reasonable written assurances, terminate this Agreement by giving notice of such termination to Seller. On such termination Closing Agent shall refund the Deposit and all interest accrued thereon to Buyer and all rights and obligations of Seller and Buyer under this Agreement shall terminate and be of no further force or effect.