Cancellation Fees and Expenses. If the Closing does not occur at the time and in the manner provided in this Agreement because of the default of one of the parties, the non-defaulting party has the right to cancel the Escrow by written notice to the defaulting party and to the Escrow Holder. All costs of cancellation, if any, will be paid by the defaulting party.
Cancellation Fees and Expenses. In the event this Escrow terminates because of the nonsatisfaction of any condition for a reason other than the material default of Buyers or Seller under this Agreement, the cancellation charges required to be paid by and to Escrow Holder and the Title Company shall be borne one-half (1/2) by Seller and one-half (1/2) by Buyers and all other charges shall be borne by the party incurring same.
Cancellation Fees and Expenses. In the event that the escrow terminates in accordance with Section 211.a. of this Agreement, the cancellation charges, if any, required to be paid by and to Escrow Agent and the Title Company shall be borne by Developer and all other charges shall be borne by the party incurring same.
Cancellation Fees and Expenses. In the event this escrow terminates because of the non-satisfaction of any condition for a reason other than the default of the parties under this Agreement, the cancellation charges required to be paid by and to the Escrow Holder shall be borne equally by the Buyer and the Seller. In the event this escrow terminates because of a party’s default, the cancellation charges required to be paid by and to the Escrow Holder shall be borne by the defaulting party.
Cancellation Fees and Expenses. In the event the escrow terminates because of the nonsatisfaction of any condition, the Parties will equally split the cancellation charges required to be paid to the Title Company. In the event this escrow terminates because of Xxxxx’s default, Buyer shall pay the cancellation charges required to be paid to the Title Company. In the event this escrow terminates because of Seller’s default, Seller shall pay the cancellation charges required to be paid to the Title Company.
Cancellation Fees and Expenses. If this agreement terminates because of the nonsatisfaction of any condition for a reason other than the default of the Seller or the Buyer under this Agreement, the Seller and the Buyer will equally bear any cancellation charges required to be paid. If this agreement terminates because of the Seller’s default, the Seller will bear any cancellation charges required to be paid. If this agreement terminates because of the Buyer’s default, the Buyer will bear any cancellation charges required to be paid. At this time, the Parties do not contemplate any cancellation charges.
Cancellation Fees and Expenses. Any cancellation charges required to be paid to Escrow Holder and the Title Company shall be borne equally by Buyer and Seller (unless one party is in breach or default hereunder in which case the defaulting party shall pay the cancellation charges), and all other charges shall be borne by the party incurring same.
Cancellation Fees and Expenses. In the event the Closing does not occur at the time and in the manner provided in this Agreement because of the default of one of the parties hereto, the non-defaulting party shall have the right to cancel the Escrow by delivering written notice of such cancellation to the defaulting party and to Escrow Holder. All costs of cancellation of the Escrow charged by Escrow Holder, if any, will be paid by the defaulting party. In the event of a default by Xxxxx, Seller shall be entitled to the Deposit pursuant to Section 8.15. In the event of a default by Seller, in addition to any other remedies available to Buyer under this Agreement, including, but not limited to, specific performance, Buyer shall be entitled to a return of the Deposit. If the Closing does not take place for any reason other than a default by one of the parties, the cancellation costs charged by Escrow Holder, if any, will be equally shared by Xxxxx and Seller.
Cancellation Fees and Expenses. 8 12. WITHHOLDING.............................................................8 13. POSSESSION..............................................................8
Cancellation Fees and Expenses. If Escrow terminates because of the non-satisfaction of any condition for a reason other than the default of Buyer or Seller under this Agreement, Buyer and Seller shall pay one-half of any escrow cancellation charges and the Deposit shall be returned to Buyer. However, if Escrow terminates because of the default of either Buyer or Seller under this Agreement, the escrow cancellation charges shall be borne solely by the defaulting party and, (i) if Seller is the defaulting party, the Deposit shall be returned to Buyer, and (ii) if Buyer is the defaulting party, the Deposit shall be retained by Seller. "Escrow cancellation charges" means all fees, charges and expenses incurred by Escrow Agent as well as all expenses related to the services of the Title Company in connection with issuance of the Title Report and other title matters.
