Right to Cancel or Perform Clause Samples

Right to Cancel or Perform. If Seller does not elect to cure each disapproved exception, as described above, Buyer shall elect one of the following, by delivering written notice to Escrow Agent (with a copy to Seller) prior to expiration of the Due Diligence Period: (1) to waive its objections, take title subject to such exceptions, which shall be deemed Permitted Exceptions, and proceed with Close of Escrow; or (2) to terminate this Agreement and the Escrow for nonsatisfaction of a condition pursuant to Article 5, in which event neither party shall have any further rights or obligations hereunder (except for any liability of Buyer pursuant to Section 7. 1). If Buyer fails to deliver notice of its election prior to the applicable deadline, Buyer will be deemed to have elected to terminate this Agreement and the Escrow as described in (2) above.
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Right to Cancel or Perform. If Seller does not elect to cure each -------------------------- exception to which Buyer has objected, Buyer shall elect one of the following, by delivering written notice to Escrow Agent (with a copy to Seller) within five (5) days after receipt of notice of Seller's election or expiration of the 10- day period described in (d) above (whichever occurs first): (1) to waive its objections, take title subject to such exceptions, which shall be deemed Permitted Exceptions, and proceed with Close of Escrow; or (2) to terminate this Agreement and the Escrow, in which event neither party shall have any further obligation hereunder (except for any liabilities or obligations which survive termination under the express provisions of this Agreement) and Buyer's Deposit shall be returned. If Buyer fails to deliver notice of its election within said 5-day period, Buyer will be deemed to have waived its objection and to have agreed to take title subject to such exception(s).
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Right to Cancel or Perform. If Seller does not elect to cure each exception to which Buyer has objected, Buyer shall elect one of the following, by delivering written notice to Escrow Agent (with a copy to Seller) within five (5) days after receipt of notice of Seller's election or expiration of the cure period described in 5.3.4 above (whichever occurs first): (1) to waive its objections, take title subject to such exceptions, and proceed with Close of Escrow; or (2) to terminate this Agreement and the Escrow, in which event neither party shall have any further rights or obligations hereunder except for any obligations which survive such termination under the provisions of this Agreement, and Buyer's Deposit and all interest earned thereon shall be returned to Buyer. If Buyer fails to deliver written notice of its election within said 5-day period, Buyer will be deemed to have elected to terminate pursuant to subsection (2) above.
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Related to Right to Cancel or Perform

  • STUDENT’S RIGHT TO CANCEL You have the right to cancel this agreement and obtain a refund of charges paid through the attendance at the first class session, or the seventh day after enrollment, whichever is later.

  • Right to Cancel You have a right to cancel this Agreement for a period of fourteen (14) days commencing on the date on which this Agreement is concluded or the date on which you receive this Agreement (whichever is later) (the “ Cancellation Period”). Should you wish to cancel this Agreement within the Cancellation Period, you should send notice in writing or electronically to the addresses found in contact us section of our website. Cancelling this Agreement within the Cancellation Period will not cancel any Transaction entered into by you during the Cancellation Period. If you fail to cancel this Agreement within the Cancellation Period you will be bound by its terms but you may terminate this Agreement in accordance with Clause 17 (Termination Without Default).

  • Your Right to Cancel You can cancel this Agreement by giving written notice to us within 5 business days of being handed a completed copy of this Agreement; or within 7 business days of receipt if the completed Agreement is emailed or sent to you electronically; or within 9 business days of the date the completed Agreement was posted to you (if applicable). Saturdays, Sundays and national public holidays are not counted as business days. You can physically give the notice to us or our employee or agent, post the notice to us or our agent or email the notice to our email address listed in these Commercial Terms. If you cancel this Agreement, you must immediately repay the Loan and any interest accrued for the period starting on the day you get the Loan until the day you repay us in full (if relevant). You must also reimburse us for any reasonable expenses we have to pay in connection with this Agreement and its cancellation, including legal fees and credit report fees. This statement is only a summary of your cancellation rights and obligations. If you want more information, or if you think that we are being unreasonable in any way, you should seek legal advice immediately. If you are unable reasonably to keep up your payments because of illness, injury, loss of employment, the end of a relationship, or other reasonable cause, you may be able to ask us to vary the terms of this Agreement (we call this a Hardship Variation). To apply for a Hardship Variation, you need to:

  • No Right to Cancel You do not have the right to cancel your subscription or change your mind. Once you sign this Investment Agreement, you are obligated to purchase the Note, no matter what, even if the Offering is over-subscribed and the amount of your Note is reduced.

  • BUYER’S RIGHT TO CANCEL If after completion of an appraisal by a licensed appraiser, Buyer receives written notice from the Lender or the appraiser that the Property has appraised for less than the Purchase Price (a “Notice of Appraised Value”), Buyer may cancel the REPC by providing written notice to Seller (with a copy of the Notice of Appraised Value) no later than the Financing & Appraisal Deadline referenced in Section 24(c); whereupon the ▇▇▇▇▇▇▇ Money Deposit shall be released to Buyer without the requirement of further written authorization from Seller.