Common use of Non-Completion by Purchaser Clause in Contracts

Non-Completion by Purchaser. (a) In addition to and without limiting any remedy that may be available at law or in equity to the Vendor, in the event that a person who is obligated to purchase the Corporation’s Shares in accordance with this Agreement defaults in the performance of its obligation to complete such purchase, the Vendor may, at his option, by notice in writing to the defaulting person, terminate all its obligations relating to such purchase and, upon the giving of such notice in accordance with the provisions of this Article 13.9(a), such obligations shall be terminated without prejudice to the continued effectiveness of this Agreement.

Non-Completion by Purchaser. (a) In addition to and without limiting any remedy that may be available at law Law or in equity to the Vendor, in the event that a person Purchaser who is obligated to purchase the Corporation’s Shares in accordance with this Agreement defaults in the performance of its obligation to complete such purchaseSale Transaction, the Vendor may, at his its option, by notice in writing to the defaulting personPurchaser, terminate all its obligations relating to such purchase Sale Transaction and, upon the giving of such notice in accordance with the provisions of this Article 13.9(a)Section 11.6, such obligations shall be terminated without prejudice to the continued effectiveness of this Agreement.

Non-Completion by Purchaser. (a1) In addition to and without limiting any remedy that may be available at law or in equity to the Vendor, in the event that a person who is obligated to purchase the Corporation’s Shares in accordance with this Agreement defaults in the performance of its obligation to complete such purchase, the Vendor may, at his its option, by notice in writing to the defaulting person, terminate all its obligations relating to such purchase and, upon the giving of such notice in accordance with the provisions of this Article 13.9(aparagraph 9.9(1), such obligations shall be terminated without prejudice to the continued effectiveness of this Agreement.