Common use of Breach of Closing Obligations Clause in Contracts

Breach of Closing Obligations. If any party fails to comply with any material obligation in Schedule 6, the Purchaser, in the case of non-compliance by the Seller (which has not been remedied to the reasonable satisfaction of the Purchaser within five Business Days), or the Seller, in the case of non-compliance by the Purchasers (which has not been remedied to the reasonable satisfaction of the Seller within five Business Days), shall be entitled by written notice to the Seller or the Purchasers, as the case may be:

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Via Net Works Inc), Sale and Purchase Agreement (Mawlaw 660, LTD)

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Breach of Closing Obligations. If any party fails to comply with any material obligation in Schedule 66 in relation to Closing (and for the avoidance of doubt the Sellers’ obligation under paragraph 1.1.4 of Schedule 6 is a material obligation), the Purchaser, in the case of non-compliance by the Seller Sellers (which has not been remedied to the reasonable satisfaction of the Purchaser within five 5 Business Days), or the Seller, in the case of non-compliance by the Purchasers (which has not been remedied to the reasonable satisfaction of the Seller Sellers within five 5 Business Days), shall be entitled by written notice to the Seller Sellers or the Purchasers, as the case may be:

Appears in 1 contract

Samples: Sale and Purchase Agreement (Via Net Works Inc)

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Breach of Closing Obligations. If any party fails to comply with any material obligation in Schedule 66 in relation to a Closing (and for the avoidance of doubt the Sellers’ obligation under paragraph 1.1.4 of Schedule 6 is a material obligation), the Purchaser, in the case of non-compliance by the Seller Sellers (which has not been remedied to the reasonable satisfaction of the Purchaser within five 5 Business Days), or the Seller, in the case of non-compliance by the Purchasers (which has not been remedied to the reasonable satisfaction of the Seller Sellers within five 5 Business Days), shall be entitled by written notice to the Seller Sellers or the Purchasers, as the case may be:

Appears in 1 contract

Samples: Sale and Purchase Agreement (Via Net Works Inc)

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