Prior to Conveyance. If, prior to City’s conveyance of the Property, Buyer assigns or attempts to assign this Agreement or any rights hereunder or fails to pay the Purchase Price and take title to the Property upon City’s offer of conveyance, the City may, at its option, terminate this Agreement and retain any fees submitted by Buyer as liquidated damages.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement
Prior to Conveyance. If, prior to City’s conveyance of the Property, Buyer ▇▇▇▇▇ assigns or attempts to assign this Agreement or any rights hereunder or fails to pay the Purchase Price and take title to the Property upon City’s offer of conveyance, the City may, at its option, terminate this Agreement and retain any fees submitted by Buyer as liquidated damages.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement
Prior to Conveyance. If, prior to City’s conveyance of the Property, Buyer ▇▇▇▇▇ assigns or attempts to assign this Agreement or any rights hereunder or fails to pay the Purchase Price and take title to the Property upon City’s offer of conveyance, the City may, at its option, terminate this Agreement and retain any fees submitted by Buyer as liquidated damages.
Appears in 1 contract
Sources: Sale and Rehabilitation Agreement