Purchaser’s Default definition

Purchaser’s Default means that the Purchaser breached its representations, warranties, covenants, or agreements under this Agreement, or failed or is unable to consummate the purchase of the Property by the Closing Date. The Seller may, no later than ten (10) days after receiving actual knowledge of the Purchaser’s Default, give the Purchaser written notice electing one of the following options:

Purchaser’s Default has the meaning set forth in Section 10.2.

Purchaser’s Default means a default of the Purchaser in the manner described in Clause 6.13.

Examples of Purchaser’s Default in a sentence

• The Service Provider undertakes the due return of the Purchaser Property and as such is liable for all loss of, or damage to, the Purchaser Property (excluding wear and tear), unless such loss or damage was caused or contributed to by the Purchaser’s Default.

• Where there is a Purchaser’s Default, the Seller shall be entitled to claim such increase in cost incurred by the Seller as a result of the Purchaser’s Default.

• Any recordation or attempted recordation by Purchaser shall constitute a Purchaser’s Default.

• Seller will have 20 days from Seller’s receipt of Purchaser’s Default Notice to cure any default.

• Further, notwithstanding the foregoing, in the event that specific performance is unavailable as a remedy to Purchaser because Seller has sold the Property to a third party during the term of this Agreement, Purchaser may recover from Seller all actual damages incurred by Purchaser in connection with this Agreement.11.2 Purchaser’s Default.

More Definitions of Purchaser’s Default

Purchaser’s Default has the meaning set forth in Section 10.2 of this Agreement.

Purchaser’s Default. As defined in Section 15.4(d) hereof.

Purchaser’s Default. Shall have the meaning set forth in Section 2.5(a) of this Contract.

Purchaser’s Default. Purchaser's Default" has the meaning set forth in clause (2) of Section 9.14(a) "Rights To Terminate."

Purchaser’s Default means a breach of a representation or warranty made by Purchaser in Clause 7.3 or a breach by Purchaser of a covenant or agreement in this Agreement.

Purchaser’s Default. This term shall have the meaning ascribed to it in Section 9.01 below.

Purchaser’s Default. As defined in Section 10.01(a).