Common use of Subsurface Rock Clause in Contracts

Subsurface Rock. Prior to expiration of the Inspection Period, Buyer may terminate this Agreement pursuant to Paragraph 4 above and recover the eaxxxxx xoney upon the discovery of subsurface rock underlying the Property in any quantity deemed excessive by the Buyer, unless Seller has remedied the same to Buyer’s satisfaction.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (HF Enterprises Inc.), Purchase and Sale Agreement (SeD Intelligent Home Inc.), Purchase and Sale Agreement (HF Enterprises Inc.)

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Subsurface Rock. Prior to expiration of the Inspection Period, Buyer may terminate this Agreement pursuant to Paragraph 4 above and recover the eaxxxxx xoney Exxxxxx Money upon the discovery of subsurface rock underlying the Property in any quantity deemed excessive by the Buyer, unless Seller has remedied the same to Buyer’s satisfaction.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Alset Inc.), Purchase and Sale Agreement (LiquidValue Development Inc.)

Subsurface Rock. Prior to expiration of the Inspection Pre-Closing Period, Buyer may terminate this Agreement pursuant to Paragraph 4 above and recover the eaxxxxx xoney (less the independent consideration) upon the discovery of subsurface rock underlying the Property in any quantity deemed excessive by the Buyer, unless Seller has remedied the same to Buyer’s satisfaction, Buyer acknowledges Seller’s delivery of the Property in compliance with this Paragraph.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (HF Enterprises Inc.), Purchase and Sale Agreement (HF Enterprises Inc.)

Subsurface Rock. Prior to expiration of the Inspection Pre-Closing Period, Buyer may terminate this Agreement pursuant to Paragraph 4 above and recover the eaxxxxx xoney exxxxxx money (less the independent consideration) upon the discovery of subsurface rock underlying the Property in any quantity deemed excessive by the Buyer, unless Seller has remedied the same to Buyer’s satisfaction, Buyer acknowledges Seller’s delivery of the Property in compliance with this Paragraph.

Appears in 1 contract

Samples: Purchase and Sale Agreement (SeD Intelligent Home Inc.)

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Subsurface Rock. Prior to expiration of the Inspection Period, Buyer may terminate this Agreement pursuant to Paragraph 4 above and recover the eaxxxxx xoney exxxxxx money upon the discovery of subsurface rock underlying the Property in any quantity deemed excessive by the Buyer, unless Seller has remedied the same to Buyer’s satisfaction.

Appears in 1 contract

Samples: Purchase and Sale Agreement (HF Enterprises Inc.)

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