Common use of Cancellation by Buyer Clause in Contracts

Cancellation by Buyer. In case the Buyer cancels this Agreement on any ground whatsoever (except breach of Vendor's Covenants), the Vendor shall refund to the Buyer, at the Vendor's option, in either of the manners mentioned in Clauses 12.1.1 or 12.1.2 (a) and (b) above.

Appears in 2 contracts

Sources: Real Estate Purchase Agreement, Real Estate Purchase Agreement

Cancellation by Buyer. In case the Buyer cancels this Agreement on any ground whatsoever (except breach of Vendor's Owners’ And Ideal’s Covenants), the Vendor Ideal shall refund to the Buyer, at the Vendor's Ideal’s option, in either of the manners mentioned in Clauses 12.1.1 or 12.1.2 (a) and (b) above.

Appears in 1 contract

Sources: Real Estate Purchase Agreement