Common use of CANCELLATION BY THE PURCHASER Clause in Contracts

CANCELLATION BY THE PURCHASER. In the event the Purchaser opts to cancel this Agreement, then the Developer shall be entitled to adjust, out of the receipts from the Purchaser till such time, an amount equal to 10% (ten percent) of the entirety of the amount paid by the Purchaser till the time of such calculation and refund the remainder to the Purchaser within 60 (sixty) days of such cancellation.

CANCELLATION BY THE PURCHASER. In the event the Purchaser opts to cancel this Agreement, then the Developer Vendor shall be entitled to adjust, out of the receipts from the Purchaser till such time, an amount equal to 10% (ten percent) of the entirety of the amount paid by the Purchaser till the time of such calculation and refund the remainder to the Purchaser within on or about 60 (sixty) days of such cancellation.