Termination by Bxxxx. If Seller is unable to comply with its obligations under this Agreement on or before the Closing Date, it shall do so as soon thereafter as it is able to do so, however, in no event shall the Closing occur more than ten (10) days after the date described in Section 2.3. If Seller does not perform its obligations under this Agreement, Buyer may terminate this Agreement by delivering notice to Seller of Buyer’s intention to terminate this Agreement. The termination shall be effective five (5) days after Bxxxx’s delivery of notice of termination. On termination, Buyer shall have no obligation whatever to perform any obligations under this Agreement or to purchase the Property.
Termination by Bxxxx. Xx the event that Buyer’s due diligence shall reveal any matters which are not acceptable to Buyer, or for any reason or no reason, in its sole discretion, Buyer may elect, by written notice to Seller, with a copy to the Title Company, on or before 5:00 pm eastern time on the last day of the Inspection Period, to elect not to proceed with the transaction described herein, in which event the Title Company is hereby required to deliver the Escrowed Amount to the Seller in accordance with the Deposit Escrow Agreement and this Agreement shall be null and void without recourse to either party hereto. In the event that Buyer shall fail to give notice of termination on or before time and date set forth above, Buyer shall be deemed to have elected not to terminate this Agreement and shall proceed to Closing in accordance with the terms and conditions hereof.
Termination by Bxxxx. In the event that Bxxxx legally and properly invokes his right to terminate this Agreement under any of the provisions contained herein, Buyer shall pay the sum of one hundred dollars ($100.00) to Seller as consideration for Bxxxx’s said right to terminate, the sufficiency and adequacy of which is hereby acknowledged. Exxxxxx Money/Trust Money shall be disbursed according to the terms stated herein.
Termination by Bxxxx. This Agreement may be terminated at any time prior to the Closing Date by Bxxxx as follows:
