Common use of Seller Default; Specific Performance Clause in Contracts

Seller Default; Specific Performance. If Seller is in default, ------------------------------------- Buyer may elect to treat this Agreement as cancelled, in which case all payments and things of value received hereunder shall be returned and Buyer may recover such damages as may be proper, or Buyer may elect to treat this Contract as being in full force and effect and Buyer shall have the right to specific performance or damages, or both.

Seller Default; Specific Performance. If Seller is in ------------------------------------- default, ------------------------------------- Buyer may elect to treat this Agreement as cancelled, in which case all payments and things of value received hereunder shall be returned and Buyer may recover such damages as may be proper, or Buyer may elect to treat this Contract as being in full force and effect and Buyer shall have the right to specific performance or damages, or both.