Common use of Cancellation by Purchaser Clause in Contracts

Cancellation by Purchaser. 25.1 The Purchaser may cancel this Agreement in accordance with those parts of sections 27 -31 of the Act that apply to this Agreement. However, any notice of cancellation may only be given by the Purchaser in writing and in accordance with clauses 11.3 and 11.4. The Purchaser acknowledges, for the avoidance of doubt, that upon cancellation the Purchaser will be liable to pay the Vendor the expenses and costs referred to in section 30(1)(e) of the Act which are applicable.