Common use of Material Changes in the Project Clause in Contracts

Material Changes in the Project. Pursuant to Section 514-87 of the Hawaii Revised Statute after this Purchase Agreement has become binding in accordance with Section D.6, there is a Material Change (as defined in Exhibit A attached hereto) in the Project, Purchaser may rescind this Purchase Agreement within thirty (30) calendar days of Purchaser’s receipt of a copy of a Disclosure Document providing a description of the Material Change and a Rescission Notice regarding Purchaser’s thirty (30)-day rescission right on a form prescribed by the Commission. In the event Purchaser rescinds this Purchase Agreement pursuant to this Section E.30, Purchaser shall be entitled to a prompt and full refund of all monies paid, plus any interest earned thereon.

Material Changes in the Project. Pursuant to Section 514-87 514‐87 of the Hawaii Revised Statute after this Purchase Agreement has become binding in accordance with Section D.6, there is a Material Change (as defined in Exhibit A attached hereto) in the Project, Purchaser may rescind this Purchase Agreement within thirty (30) calendar days of Purchaser’s receipt of a copy of a Disclosure Document providing a description of the Material Change and a Rescission Notice regarding Purchaser’s thirty (30)-day 30)‐day rescission right on a form prescribed by the Commission. In the event Purchaser rescinds this Purchase Agreement pursuant to this Section E.30, Purchaser shall be entitled to a prompt and full refund of all monies paid, plus any interest earned thereon.