Common use of Purchaser’s Termination Period Clause in Contracts

Purchaser’s Termination Period. If the purchase of the home is not completed by the Outside Closing Date, then the Purchaser can terminate the transaction during a period of 30 days thereafter (the the _ day of _, 201_. the _ day of _, 201_.* the _ day of , 201_.* the _ day of , 201_.* the _ day of , 201_. the _ day of _, 201_. “Purchaser’s Termination Period”), which period, unless extended by mutual agreement, will end on: the day of , 201_. If the Purchaser terminates the transaction during the Purchaser’s Termination Period, then the Purchaser is entitled to delayed closing compensation and to a full refund of all monies paid plus interest (see sections 7, 10 and 11 of the Addendum).

Appears in 1 contract

Sources: Purchase and Sale Agreement

Purchaser’s Termination Period. If the purchase of the home is not completed by the Outside Closing Date, then the Purchaser can terminate the transaction during a period of 30 days thereafter (the the _ day of _, 201_. the _ day of _, 201_.* the _ day of , 201_.* the _ day of , 201_.* the _ day of , 201_.* the day of , 201_. the _ day of _, 201_. “Purchaser’s Termination Period”), which period, unless extended by mutual agreement, will end on: the day of , 201_. If the Purchaser terminates the transaction during the Purchaser’s Termination Period, then the Purchaser is entitled to delayed closing compensation and to a full refund of all monies paid plus interest (see sections 7, 10 and 11 of the Addendum).

Appears in 1 contract

Sources: Purchase and Sale Agreement