Common use of Remedies for Default Clause in Contracts

Remedies for Default. (a) In the event of the Purchaser’s default, material breach or material misrepresentation of any fact under the terms of this Agreement, the Seller, at its option, may retain the xxxxxxx money deposit and any other funds then paid by the Purchaser as liquidated damages and/or invoke any other remedy available to Seller at law and/or equity and the Seller is automatically released from the obligation to sell the Property to the Purchaser and neither the Seller nor its representatives, agents, attorneys, successors, or assigns shall be liable to the Purchaser for any damages of any kind as a result of the Seller's failure to sell and convey the Property.

Appears in 16 contracts

Samples: Real Estate Purchase Addendum, Residential Real Estate Purchase and Sale Contract, Real Estate Purchase Addendum

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Remedies for Default. (a) In the event of the Purchaser’s default, material breach or material misrepresentation of any fact under the terms of this Agreement, the Seller, at its option, may retain the xxxxxxx money deposit and any other funds then paid by the Purchaser as liquidated damages and/or invoke any other remedy available to Seller at law and/or equity expressly set out in this Agreement and the Seller is automatically released from the obligation to sell the Property to the Purchaser and neither the Seller nor its representatives, agents, attorneys, successors, or assigns shall be liable to the Purchaser for any damages of any kind as a result of the Seller's failure to sell and convey the Property.

Appears in 6 contracts

Samples: Real Estate Purchase Addendum, Real Estate Purchase Addendum, Real Estate Purchase Addendum

Remedies for Default. (a) In the event of the Purchaser’s 's default, material breach or material misrepresentation of any fact under the terms of this Agreement, the Seller, at its option, may retain the xxxxxxx money deposit and any other funds then paid by the Purchaser as liquidated damages and/or invoke any other remedy available to Seller at law and/or equity and the Seller is automatically released from the obligation to sell the Property to the Purchaser and neither the Seller nor its representatives, agents, attorneys, successors, or assigns shall be liable to the Purchaser for any damages of any kind as a result of the Seller's failure to sell and convey the Property.

Appears in 5 contracts

Samples: Real Estate Purchase Addendum, Real Estate Purchase Addendum, Real Estate Purchase Addendum

Remedies for Default. (a) In the event of the PurchaserBuyer’s default, material breach or material misrepresentation of any fact under the terms of this the Agreement, the Seller, at its option, may retain the xxxxxxx money deposit and any other funds then paid by the Purchaser Buyer as liquidated damages and/or invoke any other remedy available to Seller at law and/or equity or expressly set out in the Agreement, and the Seller is automatically released from the obligation to sell the Property to the Purchaser Buyer and neither the Seller nor its representatives, agents, attorneys, successors, or assigns shall be liable to the Purchaser Buyer for any damages of any kind as a result of the Seller's ’s failure to sell and convey the Property.

Appears in 3 contracts

Samples: Real Estate Purchase Contract, Real Estate Purchase Contract, sparkoffer-auctions-documents-my.s3.amazonaws.com

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Remedies for Default. (a) a. In the event of the Purchaser’s default, material breach or material misrepresentation of any fact under the terms of this Agreement, the Seller, at its option, may retain the xxxxxxx money deposit and any other funds then paid by the Purchaser as liquidated damages and/or invoke any other remedy available to Seller at law and/or equity and the Seller is automatically released from the obligation to sell the Property to the Purchaser and neither the Seller nor its representatives, agents, attorneys, successors, or assigns shall be liable to the Purchaser for any damages of any kind as a result of the Seller's failure to sell and convey the Property.

Appears in 2 contracts

Samples: cdn.cocodoc.com, cdn.cocodoc.com

Remedies for Default. (a) In the event of the Purchaser’s 's default, material breach or material misrepresentation of any fact under the terms of this Agreement, the Seller, at its option, may retain the xxxxxxx money deposit and any other funds then paid by the Purchaser as liquidated damages and/or invoke any other remedy available to Seller at law and/or equity expressly set out in this Agreement and the Seller is automatically released from the obligation to sell the Property to the Purchaser and neither the Seller nor its representatives, agents, attorneys, successors, or assigns shall be liable to the Purchaser for any damages of any kind as a result of the Seller's failure to sell and convey the Property.

Appears in 1 contract

Samples: cdn.cocodoc.com

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