Common use of By Desert Vista Clause in Contracts

By Desert Vista. (1) Notwithstanding the provisions hereof, if Desert Vista shall fail or refuse to deliver any of the $50,000 purchase price, or shall fail or refuse to consummate the transaction described in this Agreement prior to the Closing Date, such failure or refusal shall constitute a default by Desert Vista and GEL at its option and without prejudice to its rights against such defaulting party, may either (a) invoke any equitable remedies to enforce performance hereunder including, without limitation, an action or suit for specific performance, or (b) terminate all of its obligations hereunder with respect to Desert Vista.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Green Endeavors, Inc.), Stock Purchase Agreement (Green Endeavors, Ltd.), Stock Purchase Agreement (Green Endeavors, Ltd.)

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