Common use of Casualty Insurance Clause in Contracts

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller shall be obligated to repair the same before the Closing Date (§ 2c). In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled to a credit, at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions payable to Seller but not the owners' association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller shall be obligated to repair repaid the same before the Closing Date (§ 2c). In the event such damage is not repaired repaid within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled to a credit, at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions payable to Seller but not the owners' ’ association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller shall be obligated to repair the same before the Closing Date (§ Section 2c). In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled to a credit, at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions payable to Seller but not the owners' association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller shall be obligated to repair the same before the Closing Date (§ 2css.2c). In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled to a credit, at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions payable to Seller but not the owners' association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.. b.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller shall be obligated to repair the same before the Closing Date (§ 2c). In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled to a credit, at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions payable to Seller but not the owners' ’ association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing, in an amount of not more than ten percent (10%) of the total Purchase Price, Seller shall be obligated to repair the same before the Closing Date (§ 2css.2c). In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled been titled to a credit, at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions inclusions payable to Seller but not the owners' owner's association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.. b.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller shall be obligated to repair the same before the Closing Date (§ 2c). In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled to a credit, at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions inclusions payable to Seller but not the owners' ’ association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other the casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller shall be obligated to repair the same before the Closing Date (§ 2cSec.2c). In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract despite such damage, Buyer shall be entitled to a credit, at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions payable to Seller but not the owners' owner's association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.. b.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or 459 other casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller 460 shall be obligated to repair the same before the Closing Date (§ 2c). In the event such damage is not 461 repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of 462 Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract 463 despite such damage, Buyer Xxxxx shall be entitled to a credit, at Closing, for all the insurance proceeds resulting 464 from such damage to the Property and Inclusions payable to Seller but not the owners' association, if any, 465 plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total 466 Purchase Price.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or 459 other casualty prior to Closing, in an amount of not more than ten percent of the total Purchase Price, Seller 460 shall be obligated to repair the same before the Closing Date (§ 2c). In the event such damage is not 461 repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of 462 Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract 463 despite such damage, Buyer shall be entitled to a credit, at Closing, for all the insurance proceeds resulting 464 from such damage to the Property and Inclusions payable to Seller but not the owners' association, if any, 465 plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total 466 Purchase Price.

Casualty Insurance. In the event the Property or Inclusions shall be damaged by fire or other casualty prior to Closing, Closing in an amount of not more than ten percent of the total Purchase Price, Seller shall be obligated to repair the same before the Closing Date (§ 2c). In the event such damage is not repaired within said time or if the damages exceed such sum, this contract may be terminated at the option of Buyer by delivering to Seller written notice of termination. Should Buyer elect to carry out this contract contract, despite such damage, Buyer shall be entitled to a credit, credit at Closing, for all the insurance proceeds resulting from such damage to the Property and Inclusions payable to Seller but not the owners' ’ association, if any, plus the amount of any deductible provided for in such insurance policy, such credit not to exceed the total Purchase Price.