If Buyer Terminates Sample Clauses

The "If Buyer Terminates" clause outlines the consequences and procedures that apply if the buyer chooses to end the contract before completion. Typically, this clause specifies the conditions under which the buyer may terminate, such as failure to meet certain contingencies or deadlines, and details any resulting obligations, like payment of a termination fee or forfeiture of a deposit. Its core function is to provide a clear framework for handling early termination by the buyer, thereby reducing uncertainty and potential disputes between the parties.
If Buyer Terminates. If the Buyer terminates this contract under clause 9.1, it may do all or any of the following: (1) recover the Deposit and any interest earned; (2) ▇▇▇ the Seller for damages.
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If Buyer Terminates. If the Buyer terminates this contract under clause 9.1, it may do all or any of the following: (4) Posted notices will be treated as given 2 Business Days after posting. Notices sent by facsimile will be treated as given
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If Buyer Terminates. If the Buyer terminates this contract under clause 9.1, it may do all or any of the following: party or its solicitor stated in the Reference Schedule (or another facsimile number notified by the recipient to the sender); or (1) recover the Deposit and any interest earned; (2) ▇▇▇ the Seller for damages.
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Related to If Buyer Terminates

  • Earlier Termination This Agreement may be terminated earlier as hereinafter provided.

  • Survival After Termination The agreement to arbitrate will survive the termination of this Agreement.

  • Purchase and Sale Termination Events Each of the following events or occurrences described in this Section 8.1 shall constitute a “Purchase and Sale Termination Event” (each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event being referred to herein as an “Unmatured Purchase and Sale Termination Event”): (a) the Termination Date shall have occurred; (b) any Originator shall fail to make when due any payment or deposit to be made by it under this Agreement or any other Transaction Document to which it is a party and such failure shall remain unremedied for three (3) Business Days; (c) any representation or warranty made or deemed to be made by any Originator under or in connection with this Agreement, any other Transaction Documents to which it is a party, or any other written information or report delivered pursuant hereto or thereto shall prove to have been incorrect or untrue in any material respect when made or deemed made or delivered; provided, that such circumstance shall not constitute a Purchase and Sale Termination Event if such representation or warranty, or such information or report, is part of an Information Package, is corrected promptly (but not later than two (2) Business Days) after the Originator has knowledge or receives notice thereof; provided, further that no breach of a representation or warranty set forth in Sections 5.5, 5.12, 5.20, 5.22, 5.23 or 5.27 shall constitute a Purchase and Sale Termination Event pursuant to this clause (c) if credit has been given for a reduction of the Purchase Price, the outstanding principal balance of the applicable Intercompany Loan has been reduced or the applicable Originator has made a cash payment to the Buyer, in any case, as required pursuant to Section 3.3(c) with respect to such breach; (d) any Originator shall fail to perform or observe any other term, covenant or agreement contained in this Agreement or any other Transaction Document to which it is a party on its part to be performed or observed and such failure shall continue unremedied for thirty (30) days after the such Originator has knowledge or receives written notice thereof; or (e) any Insolvency Proceeding shall be instituted against any Originator and such proceeding shall remain undismissed or unstayed for a period of sixty (60) consecutive days or any of the actions sought in such proceeding (including the entry of an order for relief against, or the appointment of a receiver, trustee, custodian or other similar official for, it or for any substantial part of its property) shall occur.

  • Company Termination The Company may at any time in its sole discretion terminate (a “Company Termination”) this Agreement and its right to initiate future Tranches by providing 30 days advanced written notice (“Termination Notice”) to Investor.

  • Other Termination This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Disaffiliation Date by either Party if: (a) prior to the Disaffiliation Date, there has been a material breach of any representation, warranty, covenant or agreement on the part of a Party set forth in this Agreement; provided, however, that, if such breach is curable by the breaching Party through the exercise of its commercially reasonable efforts and for so long as the breaching Party continues to exercise such commercially reasonable efforts (but in no event longer than thirty (30) days after the non-breaching Party’s written notification to the breaching Party of the occurrence of such breach), the non-breaching Party may not terminate this Agreement; or, (b) if all the conditions set forth in this Agreement have not been satisfied or waived on or before the Disaffiliation Date, unless such satisfaction has been frustrated or made impossible by any act or failure to act of non-breaching Party.