Common use of Indivisibility of the Deposits Clause in Contracts

Indivisibility of the Deposits. The Optionee and the Titleholder hereby declare that the Deposits referred to in sub-section 3.4.1 will only accrue on the specified dates, and are indivisible. No claim for delivery of the Deposits or portions thereof based on the number of days, weeks or months elapsed shall be therefore admitted. 4.1 will entitle the Titleholder to deliver a Notice to the Optionee by a public notary, detailing the Optionee's default. The Optionee may cure the default within thirty (30) calendar days following receipt of the Notice. If the Optionee does not cure the default, the Option will be deemed terminated, except for sub-section 6.3.

Indivisibility of the Deposits. The Optionee and the Titleholder hereby declare that the Deposits referred to in sub-section 3.4.1 will only accrue on the specified dates, and are indivisible. No claim for delivery of the Deposits or portions thereof based on the number of days, weeks or months elapsed shall be therefore admitted. 4.1 will entitle the Titleholder to deliver a Notice to the Optionee by a public notary, detailing the Optionee's ’s default. The Optionee may cure the default within thirty seven (307) calendar days following receipt of the Notice. If the Optionee does not cure the default, the Option will be deemed terminated, except for sub-section 6.3.

Indivisibility of the Deposits. The Optionee and the Titleholder hereby declare that the Deposits referred to in sub-section 3.4.1 will only accrue on the specified dates, and are indivisible. No claim for delivery of the Deposits or portions thereof based on the number of days, weeks or months elapsed shall be therefore admitted. 4.1 will entitle the Titleholder to deliver a Notice to the Optionee by a public notary, detailing the Optionee's Optionee´s default. The Optionee may cure the default within thirty (30) calendar days following receipt of the Notice. If the Optionee does not cure the default, the Titleholder may terminate the Option will be deemed terminatedAgreement, except for sub-section 6.3.

Indivisibility of the Deposits. The Optionee and the Titleholder hereby declare that the Deposits referred to in sub-section 3.4.1 will only accrue on the specified dates, and are indivisible. No claim for delivery of the Deposits or portions thereof based on the number of days, weeks or months elapsed shall be therefore admitted. 4.1 , except as provided under sub-sections 3.4.3 (b) and 3.4.4 (b). Failure by the Optionee to deliver the Deposits under sub-sections 3.4.1(a), (b), (c), (d) and (e) will entitle the Titleholder to deliver a Notice to the Optionee by a public notary, detailing the Optionee's ’s default. The Optionee may cure the default within thirty two (302) calendar days following receipt of the Notice. If the Optionee does not cure the default, the Option will Titleholder shall be deemed terminatedable to terminate the Agreement, except for as provided under sub-section 6.3.