Common use of WAIVER OF SPECIFIC PERFORMANCE REMEDY Clause in Contracts

WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Buyer and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Buyer agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. To the maximum extent permissible under Kentucky law, Buyer expressly waives any and all claims, damages, and/or remedies related to the foregoing and attached disclosures, including but not limited to those arising from any errors, inaccuracies, and/or omissions therein. Dated: BUYER: Buyer Signature Buyer Printed Name Dated: CO-BUYER: Co-Buyer Signature

Appears in 1 contract

Samples: Purchase Agreement

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WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Buyer Xxxxx and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Buyer Xxxxx agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. To the maximum extent permissible under Kentucky Nevada law, Buyer Xxxxx expressly waives any and all claims, damages, and/or remedies related to the foregoing and attached disclosures, including but not limited to those arising from any errors, inaccuracies, and/or omissions therein. Dated: BUYER: Buyer Signature Buyer Printed Name Dated: CO-BUYER: Co-Buyer Signature

Appears in 1 contract

Samples: Purchase Agreement

WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Buyer and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Buyer agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. To the maximum extent permissible under Kentucky New York law, Buyer expressly waives any and all claims, damages, and/or remedies related to the foregoing and attached disclosures, including but not limited to those arising from any errors, inaccuracies, and/or omissions therein. Dated: BUYER: Buyer Signature Buyer Printed Name Dated: CO-BUYER: Co-Buyer SignatureSignature Co-Buyer Printed Name CONDOMINIUM DISCLOSURE [To be included if the Property is a unit or units in a condominium.] In the event that the Property is a unit or units (a “Unit(s)”) in a condominium (the Condominium”), notwithstanding anything in the Agreement to the contrary:

Appears in 1 contract

Samples: Purchase Agreement

WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Buyer Xxxxx and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Buyer Xxxxx agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. To the maximum extent permissible under Kentucky Idaho law, Buyer Xxxxx expressly waives any and all claims, damages, and/or remedies related to the foregoing and attached disclosures, including but not limited to those arising from any errors, inaccuracies, and/or omissions therein. Dated: BUYER: Buyer Signature Buyer Printed Name Dated: CO-BUYER: Co-Buyer Signature

Appears in 1 contract

Samples: Purchase Agreement

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WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Buyer and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Buyer agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. To the maximum extent permissible under Kentucky Wyoming law, Buyer expressly waives any and all claims, damages, and/or remedies related to the foregoing and attached disclosures, including but not limited to those arising from any errors, inaccuracies, and/or omissions therein. Dated: BUYER: Buyer Signature Buyer Printed Name Dated: CO-BUYER: Co-Buyer Signature

Appears in 1 contract

Samples: Purchase Agreement

WAIVER OF SPECIFIC PERFORMANCE REMEDY. As a material part of the consideration to be paid or received by Buyer Xxxxx and Seller under the Agreement, Buyer waives all rights to file and maintain an action against Seller for specific performance and to record a Lis Pendens or notice of pendency of action against the Property if a dispute arises concerning the Agreement. Buyer Xxxxx agrees that the Property is not unique and in the event of Seller’s default, Buyer can be adequately and fairly compensated solely by receiving a return of Xxxxxxx Money Deposit and cancellation of Buyer’s obligation to purchase the Property. Upon return of the Xxxxxxx Money Deposit to Buyer, the Agreement shall be terminated, and Buyer and Seller irrevocably instruct the Closing Agent to return all funds and documents to the party that deposited them without further direction. To the maximum extent permissible under Kentucky Utah law, Buyer Xxxxx expressly waives any and all claims, damages, and/or remedies related to the foregoing and attached disclosures, including but not limited to those arising from any errors, inaccuracies, and/or omissions therein. Dated: BUYER: Buyer Signature Buyer Printed Name Dated: CO-BUYER: Co-Buyer Signature

Appears in 1 contract

Samples: Purchase Agreement

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