Acceptance of Deed. The BUYER shall have the right to accept such title to the Premises as the SELLER can deliver at the time for performance and if extended, shall have such right at the time for performance, as extended. The BUYER shall also have the right to accept the Premises in the then current condition and to pay the purchase price without reduction of price. Upon notice in writing of BUYER'S decision to accept the Premises and title, the SELLER shall convey title and deliver possession. Acceptance of a deed by the BUYER or BUYER'S Nominee, if any, shall constitute full performance by the SELLER and shall be deemed to release and discharge the SELLER from every duty and obligation set forth in this Agreement, except any duty or obligation of the SELLER that the SELLER has agreed to perform after the time for performance. Notwithstanding the foregoing, all warranties, if any, made by the SELLER shall survive delivery of the deed.
Appears in 1 contract
Sources: Purchase Agreement
Acceptance of Deed. The BUYER shall have the right to accept such title to the Premises Unit as the SELLER can deliver at the time for performance and if extended, shall have such right at the time for performance, as extended. The BUYER shall also have the right to accept the Premises Unit in the then current condition and to pay the purchase price without reduction of price. Upon notice in writing of BUYER'S decision to accept the Premises Unit and title, the SELLER shall convey title and deliver possession. Acceptance of a deed by the BUYER or BUYER'S Nomineenominee, if any, shall constitute full performance by the SELLER and shall be deemed to release and discharge the SELLER from every duty and obligation set forth in this Agreement, except any duty or obligation of the SELLER that the SELLER has agreed to perform after the time for performance. Notwithstanding the foregoing, all warranties, if any, warranties made by the SELLER shall survive delivery of the deed.
Appears in 1 contract
Acceptance of Deed. The BUYER Buyer shall have the right to accept such title to the Premises as the SELLER Seller can deliver at the time for performance and if extended, shall have such the right at the time for performance, as extended. The BUYER Buyer shall also have the right to accept the Premises in the then current condition and to pay the purchase price without reduction of price. Upon notice in writing of BUYER'S the Buyer’s decision to accept the Premises and title, the SELLER Seller shall convey title and deliver possession. Acceptance of a deed by the BUYER Buyer or BUYER'S NomineeBuyer’s nominee, if any, shall constitute full performance by the SELLER Seller and shall be deemed to release and discharge the SELLER Seller from every duty and obligation set forth in this Agreement, except any duty or obligation of the SELLER Seller that the SELLER Seller has agreed to perform after the time for performance. Notwithstanding the foregoing, all warranties, if any, warranties made by the SELLER Seller shall survive delivery of the deed.
Appears in 1 contract
Sources: Contract for the Purchase of Land
Acceptance of Deed. The BUYER shall have the right to accept such title to the Premises as the SELLER can deliver at the time for performance and if extended, shall have such right at the time for performance, as extended. The BUYER shall also have the right to accept the Premises in the then current condition and to pay the purchase price without reduction of price. Upon notice in writing of BUYER'S decision to accept the Premises and title, the SELLER shall convey title and deliver possession. Acceptance of a deed by the BUYER or BUYER'S Nomineenominee, if any, shall constitute full performance by the SELLER and shall be deemed to release and discharge the SELLER from every duty and obligation set forth in this Agreement, except any duty or obligation of the SELLER that the SELLER has agreed to perform after the time for performance. Notwithstanding the foregoing, all warranties, if any, warranties made by the SELLER shall survive delivery of the deed.
Appears in 1 contract
Sources: Land Purchase and Sale Agreement