Common use of Default by the Sellers Clause in Contracts

Default by the Sellers. If the Purchaser does not default hereunder ------------------------ and the Sellers default hereunder, the Purchaser may assert any remedy, including specific performance, which the Purchaser may have by reason of any such default. From and after the Closing, subject to the terms and provisions hereof, in the event of a breach by any party of the terms of this Agreement or any obligation of a party which survives the Closing hereunder, the non-defaulting party may assert any remedy, either at law or in equity to which such non-defaulting party may be entitled.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Spiderboy International Inc), Stock Purchase Agreement (Spiderboy International Inc)

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Default by the Sellers. If the Purchaser does not default ------------------------- hereunder ------------------------ and the Sellers default hereunder, the Purchaser may assert any remedy, including specific performance, which the Purchaser may have by reason of any such default. From and after the Closing, subject to the terms and provisions hereof, in the event of a breach by any party of the terms of this Agreement or any obligation of a party which survives the Closing hereunder, the non-defaulting party may assert any remedy, either at law or in equity to which such non-defaulting party may be entitled.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Spiderboy International Inc), Stock Purchase Agreement (Spiderboy International Inc)

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