Examples of Buyer Default in a sentence
Buyer agrees that 10% of the purchase price is fairly proportionate to the amount of Seller’s damages due to a Buyer Default, which damages would otherwise be uncertain and difficult to ascertain.
In the event of a Buyer Default, Buyer agrees to sign and deliver a release of the Xxxxxxx Money for payment of the liquidated damages due Seller and, if Buyer fails to do so, Seller shall have the right to recover (in addition to any other recovery) attorney’s fees and other expenses thereafter incurred by Seller in seeking to enforce any right or remedy.
Xxxxx agrees that 10% of the purchase price is fairly proportionate to the amount of Seller’s damages due to a Buyer Default, which damages would otherwise be uncertain and difficult to ascertain.
In the event of a Buyer Default, Xxxxx agrees to sign and deliver a release of the Xxxxxxx Money for payment of the liquidated damages due Seller and, if Buyer fails to do so, Seller shall have the right to recover (in addition to any other recovery) attorney’s fees and other expenses thereafter incurred by Seller in seeking to enforce any right or remedy.
Seller shall also have the right to suspend performance of any Services until Xxxxx remedies such Buyer Default, and to rely on the Buyer Default to relieve it from the performance of any of its obligations to the extent the Buyer Default prevents or delays Seller’s performance of any of its obligations.