Common use of Buyer’s Breach Clause in Contracts

Buyer’s Breach. If Buyer breaches this Agreement and provided Buyer has not cured such breach within fifteen (15) days of receipt of written notice from Seller of the nature of said breach, Seller, as its sole remedy, shall be entitled to retain the Xxxxxxx Money Deposit in accordance with subsection 5(b) as Seller’s agreed and total liquidated damages, and Buyer shall pay for all title and escrow charges incurred. Seller hereby waives any right to seek any equitable or legal remedies against Buyer.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.)

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Buyer’s Breach. If Buyer breaches this Agreement and provided Buyer has not cured fails to cure such breach within fifteen five (155) business days of after receipt of written notice thereof from Seller of the nature of said breach, Seller, as its sole remedy, remedy Seller shall be entitled to retain the Xxxxxxx Money Deposit in accordance with subsection 5(b) as Seller’s agreed and total liquidated damages, and Buyer shall pay for all title and escrow charges incurred. Seller hereby waives any right to seek any equitable or legal remedies against Buyer.

Appears in 1 contract

Samples: Purchase Agreement (Cole Corporate Income Trust, Inc.)

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Buyer’s Breach. If Buyer breaches this Agreement in any material respect, and provided Buyer has not cured such breach within continues for a period of fifteen (15) days after Seller notifies Buyer of receipt of written notice from Seller of the nature of said such breach, Seller, as its Seller’s sole remedy, shall be entitled to retain the Xxxxxxx Money Deposit in accordance with subsection Section 5(b) as Seller’s agreed and total liquidated damages, and Buyer shall pay for all title and escrow charges incurred. Seller hereby waives any right to seek any equitable or legal remedies against Buyer.

Appears in 1 contract

Samples: Master Purchase Agreement (Cole Credit Property Trust Iv, Inc.)

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