Material Changes in the Project. Where, after this Purchase Agreement has become binding in accordance with Section D.6, there is a Material Change in the Project, Purchaser may rescind this Purchase Agreement within thirty (30) calendar days of Purchaser’s receipt of a copy of a Disclosure Document providing a description of the Material Change and a Rescission Notice regarding Purchaser’s thirty (30)‐day rescission right on a form prescribed by the Commission. As provided in Section 514B‐87 of the Hawaii Revised Statutes, Purchaser may waive Purchaser's right to rescind this Purchase Agreement by: (a) checking the waiver box on the Notice of Right to Cancel, signing it, and returning it to Seller; (b) allowing the thirty (30)‐day rescission period to expire without taking any action to rescind; or (c) closing the purchase of the Unit before the thirty (30)‐day rescission period expires. In the event Purchaser rescinds this Purchase Agreement pursuant to this Section E.30, Purchaser shall be entitled to a prompt and full refund of all monies paid, plus any interest earned thereon.
Material Changes in the Project. Pursuant to Section 514‐87 of the Hawaii Revised Statute after this Purchase Agreement has become binding in accordance with Section D.6, there is a Material Change (as defined in Exhibit A attached hereto) in the Project, Purchaser may rescind this Purchase Agreement within thirty (30) calendar days of Purchaser’s receipt of a copy of a Disclosure Document providing a description of the Material Change and a Rescission Notice regarding Purchaser’s thirty (30)‐day rescission right on a form prescribed by the Commission. In the event Purchaser rescinds this Purchase Agreement pursuant to this Section E.30, Purchaser shall be entitled to a prompt and full refund of all monies paid, plus any interest earned thereon.
Material Changes in the Project. If Purchaser, within thirty (30) days from the delivery by Seller of a copy of a Notice of Material Change or Amended Public Report and a Notice of Right to Rescind containing a provision for Purchaser's written approval or acceptance, either personally or by registered or certified mail with return receipt requested, shall fail to execute and return to Seller the Notice of Right to Rescind with Purchaser's written approval or acceptance of any Material Change in the Project which Purchaser may choose to do without penalty, Seller may at its option either: (i) terminate this Sales Contract upon ten (10) days' written notice to Purchaser and upon such termination, Seller shall cause Escrow Agent to refund to Purchaser all payments previously made by Purchaser without interest; or (ii) if Purchaser does not execute and return the Notice of Right to Rescind within thirty (30) days from the date of delivery of such document, Seller may deem Purchaser to have waived Purchaser's right to rescind and to have approved and accepted such material change, all as provided in Section 514B-87, Hawaii Revised Statutes.
