If the Closing does not occur by reason of any default by Purchaser, then Seller may, as its sole and exclusive remedy, terminate this Agreement by written notice to Purchaser, Escrow Agent and Title Insurer given at any time after Purchaser shall have failed, for a period of five (5) days after written notice from Seller, to cure such default, whereupon the Earnest Money shall be released to Seller as liquidated damages.
seller’s remedies