Common use of Proper Execution Clause in Contracts

Proper Execution. The submission by Seller to Buyer of this Agreement in unsigned form shall have no binding force and effect, shall not constitute an option, and shall not confer any rights upon Buyer or impose any obligations on Seller irrespective of any reliance thereon, change of position or partial performance until Seller shall have executed this Agreement and the Deposit shall have been received by the Title Company. Notwithstanding the foregoing sentence, Seller's submission to Buyer of this Agreement shall be deemed withdrawn, revoked and incapable of being executed by Buyer in the event Buyer has not returned a duly executed original Agreement to Seller on or before 5:00 p.m. (EST) on April 30, 1998.

Appears in 2 contracts

Samples: Real Estate Purchase and Sale Agreement (Ps Business Parks Inc/Ca), Real Estate Purchase and Sale Agreement (Ps Business Parks Inc/Ca)

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Proper Execution. The submission by Seller to Buyer of this Agreement in unsigned form shall have no binding force and effect, shall not constitute an option, and shall not confer any rights upon Buyer or impose any obligations on Seller irrespective of any reliance thereon, change of position or partial performance until Seller shall have executed this Agreement and the Deposit shall have been received by the Title Company. Notwithstanding the foregoing sentence, Seller's submission to Buyer of this Agreement shall be deemed withdrawn, revoked and incapable of being executed by Buyer in the event Buyer has not returned a duly executed original Agreement to Seller on or before 5:00 p.m. (EST) EST on April 30, 1998.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Ps Business Parks Inc/Ca)

Proper Execution. The submission by Seller to Buyer of this Agreement in unsigned form shall have no binding force and effect, shall not constitute an option, and shall not confer any rights upon Buyer or impose any obligations on Seller irrespective of any reliance thereon, change of position or partial performance until Seller shall have executed this Agreement and the Deposit shall have been received by the Title CompanyEscrow Agent. Notwithstanding the foregoing sentence, Seller's ’s submission to Buyer of this Agreement shall be deemed withdrawn, revoked and incapable of being executed by Buyer in the event Buyer has not returned a duly executed original Agreement to Seller on or before 5:00 p.m. (p.m., EST) , on April 30March 11, 19982005.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Capital Lease Funding Inc)

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Proper Execution. The submission by Seller to Buyer of this Agreement in unsigned form shall have no binding force and effect, shall not constitute an option, and shall not confer any rights upon Buyer or impose any obligations on Seller irrespective of any reliance thereon, change of position or partial performance until Seller shall have executed this Agreement and the Deposit shall have been received by the Title Company. Notwithstanding the foregoing sentence, Seller's submission to Buyer of this Agreement shall be deemed withdrawn, revoked and incapable of being executed by Buyer in the event Buyer has not returned a duly executed original Agreement to Seller on or before 5:00 p.m. (EST) on April 30, 1998.

Appears in 1 contract

Samples: Real Estate Purchase and Sale Agreement (Ps Business Parks Inc/Ca)

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