Common use of Purchaser’s Default Clause in Contracts

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's Initial /s/ DB Purchaser's Initials /s/ LW ----------------- -----------------

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoeverwhatsoever except matters which by their express terms survive termination of this Agreement. It is hereby agreed that Seller's damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's Initial /s/ DB Purchaser's Initials /s/ LW ----------------- -----------------.

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's Initial /s/ DB JS Purchaser's Initials /s/ LW ----------------- ----------------------- ------

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's ’s sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's ’s damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated iquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's ’s Initial /s/ DB Purchaser's Initials /s/ LW ----------------- -----------------’s Initials

Purchaser’s Default. In the event of default by Purchaser under ------------------- the ------------------- terms of this Agreement, Seller's sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's Initial /s/ DB ILLEGIBLE Purchaser's Initials /s/ LW ----------------- -----------------ILLEGIBLE --------- ---------

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's Initial /s/ DB Purchaser's Initials /s/ LW ----------------- -----------------.

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's Initial /s/ DB ______________ Purchaser's Initials /s/ LW ----------------- -----------------Initials__________

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's ’s sole and exclusive remedy shall be to receive the ▇E▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's ’s damages will be difficult to ascertain and that the ▇E▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇E▇▇▇▇▇▇ Money. Seller's ’s Initial /s/ DB Purchaser's ’s Initials /s/ LW ----------------- -----------------[ILLEGIBLE]

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's Initial /s/ DB ______________ Purchaser's Initials /s/ LW ----------------- -----------------____________ ____________

Purchaser’s Default. In the event of default by Purchaser under ------------------- the ------------------- terms of this Agreement, Seller's sole and exclusive remedy shall be to receive the ▇▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's damages will be difficult to ascertain and that the ▇▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇▇▇▇▇▇▇ Money. Seller's Initial /s/ DB SF Purchaser's Initials /s/ LW ----------------- -----------------DPW ------------- -------------

Purchaser’s Default. In the event of default by Purchaser under the ------------------- terms of this Agreement, Seller's ’s sole and exclusive remedy shall be to receive the ▇E▇▇▇▇▇▇ Money as liquidated damages and thereafter the parties hereto shall have no further rights or obligations hereunder whatsoever. It is hereby agreed that Seller's ’s damages will be difficult to ascertain and that the ▇E▇▇▇▇▇▇ Money constitutes a reasonable liquidation thereof and is intended not as a penalty, but as fully liquidated damages. Seller agrees that in the event of default by Purchaser, it shall not initiate any proceeding to recover damages from Purchaser, but shall limit its recovery to the retention of the ▇E▇▇▇▇▇▇ Money. Seller's ’s Initial /s/ DB [ILLEGIBLE] Purchaser's Initials /s/ LW ----------------- -----------------’s Initials