Common use of 15A Clause in Contracts

15A. In the event that, after the Closing Date, Buyer or any of Buyer’s Affiliates (including the Company and any Subsidiary) who are party to the 00 Xxxxx Xxxxxx Security Agreement, the 000 Xxxxxx Xxxxxx Security Agreement or the Rider X Security Agreement breach any of their obligations under the 00 Xxxxx Xxxxxx Security Agreement, the 000 Xxxxxx Xxxxxx Security Agreement or the Rider X Security Agreement, then, unless Buyer shall cause such breach to be cured within thirty (30) days after receipt of written notice from Seller, Section 6.15(a) shall be null and void and without further force and effect and Seller shall have no obligations and Buyer shall have no rights pursuant to Section 6.15(a). The foregoing shall be in addition to, and not in lieu of, any other remedies available to Seller for any such breach and the provision immediately above providing for notice and an opportunity to cure shall not be deemed to condition or otherwise affect any other remedies available to Seller for any such breach.

Appears in 4 contracts

Samples: Stock Purchase Agreement (RCN Corp /De/), Stock Purchase Agreement (Fibernet Telecom Group Inc\), Stock Purchase Agreement (RCN Corp /De/)

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