Common use of Default by Parent Clause in Contracts

Default by Parent. Except as otherwise expressly provided in this Agreement, if Parent shall fail to perform or comply with any covenant, agreement or condition contained in this Agreement that is required to be performed or complied with by Parent on or prior to the Closing Date, then Shareholders and Merging Entity, at the unanimous option of Shareholders and Merging Entity, may seek specific performance of this Agreement or may elect to sue for damages. If Shareholxxxs and Merging Entity elect to sue for specific performance, Xxrent expressly waives any claim or defense that Shareholders and Merging Entity have an adequate remedy at law. 12.

Default by Parent. Except as otherwise expressly provided in this Agreement, if Parent shall fail to perform or comply with any covenant, agreement or condition contained in this Agreement that is required to be performed or complied with by Parent on or prior to the Closing Date, then Shareholders Shareholder and Merging Entity, at the unanimous option of Shareholders and Merging Entity, Entity may seek specific performance of this Agreement or may elect to sue for damages. If Shareholxxxs Shareholxxx and Merging Entity elect to sue for specific performance, Xxrent expressly waives any claim or defense that Shareholders Shareholder and Merging Entity have an adequate remedy at law. 12.

Default by Parent. Except as otherwise expressly provided in this Agreement, if Parent shall fail to perform or comply with any covenant, agreement or condition contained in this Agreement that is required to be performed or complied with by Parent on or prior to the Closing Date, then Shareholders Shareholder and Merging Entity, at the unanimous option of Shareholders Shareholder and Merging Entity, may seek specific performance of this Agreement or may elect to sue xxx for damages. If Shareholxxxs Shareholder and Merging Entity elect to sue xxx for specific performance, Xxrent Parent expressly waives any claim or defense that Shareholders Shareholder and Merging Entity have an adequate remedy at law. 12.

Default by Parent. Except as otherwise expressly provided in this Agreement, if Parent shall fail to perform or comply with any covenant, agreement or condition contained in this Agreement that is required to be performed or complied with by Parent on or prior to the Closing Date, then Shareholders and Merging Entity, at the unanimous option of Shareholders and Merging Entity, may seek specific performance of this Agreement or may elect to sue xxx for damages. If Shareholxxxs Shareholders and Merging Entity elect to sue xxx for specific performance, Xxrent Parent expressly waives any claim or defense that Shareholders and Merging Entity have an adequate remedy at law. 12.

Default by Parent. Except as otherwise expressly provided in this Agreement, if Parent shall fail to perform or comply with any covenant, agreement or condition contained in this Agreement that is required to be performed or complied with by Parent on or prior to the Closing Date, then Shareholders and Merging Entity, at the unanimous option of Shareholders and Merging Entity, may seek specific performance of this Agreement or may elect to sue for damages. If Shareholxxxs and Merging Entity elect to sue for specific performance, Xxrent Xarent expressly waives any claim or defense that Shareholders and Merging Entity have an adequate remedy at law. 12.