Common use of Termination Without Breach Clause in Contracts

Termination Without Breach. In the event that this Agreement is terminated under Section 13.1 under circumstances other than those described in Section 13.3(a) or (b), Buyer shall be entitled to receive back the entirety of the Performance Deposit, free of any claims by Seller with respect thereto.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (WildHorse Resource Development Corp)

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Termination Without Breach. In the event that this Agreement is terminated under Section 13.1 12.1 under circumstances other than those described in Section 13.3(a12.3(a) or (b), Buyer shall be entitled to receive back the entirety of the Performance Deposit, free of Escrow Amount without any claims by Seller with respect theretoright to expense reimbursement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Sandridge Energy Inc)

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Termination Without Breach. In the event that this Agreement is terminated under Section 13.1 under circumstances other than those described in Section 13.3(a) or (b), Buyer shall be entitled to receive back the entirety of the Performance Deposit, free of Deposit (together with any claims by Seller with respect theretoreturn on investment thereon).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Diamondback Energy, Inc.)

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