Common use of Allocation of Risk Clause in Contracts

Allocation of Risk. Seller shall bear the risk of loss to the Unit until the Closing. After Closing, Purchaser shall bear all such risk of loss.

Appears in 15 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Allocation of Risk. Seller shall bear the risk of loss to the Unit until the Closing. After Closing, Purchaser shall bear all such risk of lossloss (subject to the insurance provisions of the Resort Declaration and the Residence Declaration).

Appears in 5 contracts

Samples: Kindred Residential Unit, Kindred Residential Unit, Kindred Residential Unit

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Allocation of Risk. Seller shall bear the risk of loss to the Unit Property until the Closing. After Closing, Purchaser shall bear all such risk of loss.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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