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 Shareholder and Merging Entity, at the unanimous option of Shareholder and Merging Entity, may seek specific performance of this Agreement or may elect to xxx for damages. If Shareholder and Merging Entity elect to xxx for specific performance, Parent expressly waives any claim or defense that Shareholder and Merging Entity have an adequate remedy at law.

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 Shareholder Shareholders and Merging Entity, at the unanimous option of Shareholder Shareholders and Merging Entity, may seek specific performance of this Agreement or may elect to xxx sue for damages. If Shareholder Shareholxxxs and Merging Entity elect to xxx sue for specific performance, Parent Xarent expressly waives any claim or defense that Shareholder 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 Shareholder Shareholders and Merging Entity, at the unanimous option of Shareholder Shareholders and Merging Entity, may seek specific performance of this Agreement or may elect to xxx for damages. If Shareholder Shareholders and Merging Entity elect to xxx for specific performance, Parent expressly waives any claim or defense that Shareholder Shareholders and Merging Entity have an adequate remedy at law.

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 Shareholder Shareholders and Merging Entity, at the unanimous option of Shareholder Shareholders and Merging Entity, may seek specific performance of this Agreement or may elect to xxx sue for damages. If Shareholder Shareholxxxs and Merging Entity elect to xxx sue for specific performance, Parent Xxrent expressly waives any claim or defense that Shareholder Shareholders and Merging Entity have an adequate remedy at law. 12.