Common use of Permitted Termination Clause in Contracts

Permitted Termination. If this Agreement is terminated by Buyer pursuant to a right given it to do so hereunder (herein referred to as a “Permitted Termination”), Buyer shall deliver a Termination Notice to Seller at Seller’s address set forth herein, and this Agreement shall thereafter be null and void.

Appears in 3 contracts

Sources: Real Estate Purchase and Sale Agreement, Ground Lease Agreement, Purchase Agreement