Common use of Upon Failure of Condition Clause in Contracts

Upon Failure of Condition. Provided Buyer is not in default under this Agreement, if Seller, in its sole discretion, determines that Buyer will not be able to close escrow due to a failure of condition to the Close of Escrow (including, without limitation, Buyer’s inability to obtain financing under the PUHLP), Seller may terminate this Agreement and cancel the escrow by giving a Termination

Appears in 6 contracts

Samples: Joint Purchase Agreement, Joint Purchase Agreement, Joint Purchase Agreement

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