Common use of Breach by Buyer Clause in Contracts

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Money Deposit as agreed liquidated xxxxxxx for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Regency Realty Corp), Purchase and Sale Agreement (Regency Centers Lp)

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Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Xxxxxxx Money Deposit as agreed liquidated xxxxxxx damages for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Regency Realty Corp), Purchase and Sale Agreement (Regency Realty Corp)

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Money Deposit as agreed axxxxx liquidated xxxxxxx damages for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Regency Realty Corp)

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Xxxxxxx Money Deposit as agreed liquidated xxxxxxx damages for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as for Buyer's indemnity in Section , which shall survive termination).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Money Deposit as agreed liquidated xxxxxxx agreex xxxxxdated damages for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and the failure of Buyer to cure such breach within the time provided for Closing, Seller's sole legal and equitable remedy shall be to terminate this Agreement and retain Buyer's Earnest Xxxxxxx Money Deposit as agreed liquidated xxxxxxx AGREED LIQUIDATED DAMAGES for such breach, and upon payment in full to Seller of such amountsXxxxxxx Money Deposit, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Inland Western Retail Real Estate Trust Inc)

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Xxxxxxx Money Deposit as agreed liquidated xxxxxxx damages for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (Agreement, except as that Buyer's indemnity given under Section 3.1 shall survive termination)termination and is not limited by the liquidated damage provision.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Usf&g Legg Mason Realty Partners Limited Partnership)

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Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Money Deposit as agreed liquidated xxxxxxx liquidaxxx xxmages for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Money Deposit as agreed liquidated xxxxxxx agrxxx xxquidated damages for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Money Deposit as agreed liquidated xxxxxxx agxxxx xiquidated damages for such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

Breach by Buyer. In the event of a breach of Buyer's covenants or warranties herein and failure of Buyer to cure such breach within the time provided for Closing, Seller's sole remedy shall be to terminate this Agreement and retain Buyer's Earnest Money Deposit as agreed liquidated xxxxxxx for daxxxxx xor such breach, and upon payment in full to Seller of such amounts, the parties shall have no further rights, claims, liabilities or obligations under this Agreement (except as survive termination).

Appears in 1 contract

Samples: Contribution Agreement (Regency Realty Corp)

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