Common use of Cancellation Prior to Receipt of Fully Executed Lease Clause in Contracts

Cancellation Prior to Receipt of Fully Executed Lease. If a Tenant notifies Xxxxxx Realty of their intention to cancel a lease prior to receipt of a fully executed lease signed by the Landlord, the Landlord shall refund to Xxxxxx Realty any payment made by the Tenant (less any commission or other fees collected by Xxxxxx Realty which were not sent to the Landlord) and the reservation shall be canceled with no obligations between the parties.