Third Party Action. In the event that any action commenced in a court of appropriate jurisdiction against Seller by any person other than Buyer or an affiliate of Buyer (a "Third Party Action") enjoins or restrains Seller from Closing under this Agreement, then, and in that event, this Agreement shall be cancelled and terminated and the Deposit, together with interest earned thereon, shall be returned to Buyer and neither party shall have any further liability or obligation to the other hereunder except with respect to the indemnifications contained in Paragraphs 5(e), 7 and 22.
Appears in 3 contracts
Sources: Agreement of Sale (Clover Income Properties L P), Agreement of Sale (Clover Income Properties Ii L P), Agreement of Sale (Clover Income Properties Iii Lp)