Common use of Buyer’s Termination Right Clause in Contracts

Buyer’s Termination Right. Within the Inspection Period, Buyer may elect, in its sole and absolute discretion (for any reason, or for no reason) whether or not to go forward with this Agreement to Closing, which election shall be made by notice to Seller and Escrow Agent given within the Inspection Period. If such notice is not timely given, this Agreement and all rights, duties and obligations of Buyer and Seller hereunder, except any which expressly survive termination such as Buyer's indemnity and insurance obligations in Section 3.1, shall terminate, whereupon Escrow Agent shall promptly return to Buyer the Xxxxxxx Money Deposit. Buyer shall return to Seller the materials and information furnished to Buyer by Seller, at no cost to Seller, after the Buyer's receipt of the Xxxxxxx Money Deposit. After the conclusion of the Inspection Period the Xxxxxxx Money Deposit shall not be refundable except upon terms otherwise expressly set forth herein.

Buyer’s Termination Right. Within the Inspection Period, Buyer may elect, in its sole and absolute discretion (for any reason, or for no reason) elect whether or not to go forward with this Agreement to Closing, which election shall be made by notice to Seller and Escrow Agent given within the Inspection Period. If such notice is not timely given, this Agreement and all rights, duties and obligations of Buyer and Seller hereunder, except any which expressly survive termination such as Buyer's ’s indemnity and insurance obligations in Section 3.1, shall terminate, whereupon Escrow Agent shall promptly return to Buyer the Xxxxxxx Money Deposit. Buyer shall return to Seller the materials and information furnished to Buyer by SellerSeller and any other due diligence materials, including, without limitation, any and all third party reports and surveys, acquired by Buyer during the Inspection Period, at no cost to Seller, after the Buyer's ’s receipt of the Xxxxxxx Money Deposit. After the conclusion of the Inspection Period the Xxxxxxx Money Deposit shall not be refundable except upon terms otherwise expressly set forth herein.

Buyer’s Termination Right. Within the Inspection Period, Buyer may elect, in its sole and absolute discretion elect (for any reason, or for no reason) whether or not to go forward with this Agreement to Closing, which election shall be made by notice to Seller and Escrow Agent given within the Inspection Period. If such notice is not timely given, this Agreement and all rights, duties and obligations of Buyer and Seller hereunder, except any which expressly survive termination such as Buyer's ’s indemnity and insurance obligations in Section 3.1, shall terminate, whereupon Escrow Agent shall promptly return to Buyer the Xxxxxxx Money Deposit. Buyer shall return to Seller the materials and information furnished to Buyer by Seller, at no cost to Seller, after the Buyer's ’s receipt of the Xxxxxxx Money Deposit. After the conclusion of the Inspection Period the Xxxxxxx Money Deposit shall not be refundable except upon terms otherwise expressly set forth herein.