Common use of Communication Between the Parties Regarding Breach Clause in Contracts

Communication Between the Parties Regarding Breach. If Buyer or Seller develops information during its due diligence that leads either Party to believe that the other Party has breached a representation or warranty under this Agreement, the non-breaching Party shall inform the alleged breaching Party in writing of such potential breach as soon as possible, but in any event, at or prior to Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Legacy Reserves Lp)

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Communication Between the Parties Regarding Breach. If Buyer or Seller develops information during its due diligence that leads either Party to believe that the other Party has materially breached a representation or warranty under this Agreement, the non-breaching Party shall inform the alleged breaching Party in writing of such potential breach as soon as possible, but in any event, at or prior to Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Delta Petroleum Corp/Co), Purchase and Sale Agreement (Delta Petroleum Corp/Co)

Communication Between the Parties Regarding Breach. If Buyer or either Seller develops information during its their due diligence that leads either any Party to believe that the any other Party has materially breached a representation or warranty under this Agreement, the non-breaching Party shall inform the alleged breaching Party in writing of such potential breach as soon as possible, but in any event, at or prior to Closing.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Endeavour International Corp)

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Communication Between the Parties Regarding Breach. If Buyer or Seller develops information during its due diligence that leads either Party party to believe that the other Party party has breached a representation or warranty under this Agreement, the non-breaching Party party shall inform the alleged breaching Party party in writing of such potential breach as soon as possible, but in any event, at or prior to Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Infinity Energy Resources, Inc)

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