Common use of Notice to Purchaser Clause in Contracts

Notice to Purchaser. If, prior to the Purchaser’s submission of a copy of this Agreement to the Superintendent in accordance with Article 9.2, the Vendor is of the opinion that any of the conditions set forth in Article 8.5 have not been fulfilled and the Vendor is unwilling to waive the conditions, the Vendor shall deliver to the Purchaser a notice: (a) specifying in what respect the conditions have not been fulfilled; and (b) requesting that the Purchaser not submit a copy of this Agreement to the Superintendent pursuant to Article 9.2. In such event, the Vendor shall not be required to proceed with the transactions contemplated hereunder and this Agreement shall be of no further force and effect whatsoever.

Appears in 4 contracts

Samples: Asset Transfer Agreement, Asset Transfer Agreement, Asset Transfer Agreement

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Notice to Purchaser. If, prior to the Purchaser’s submission of a copy of this Agreement to the Superintendent in accordance with Article 9.2, the Vendor is of the opinion that any of the conditions set forth in Article 8.5 8.4 have not been fulfilled and the Vendor is unwilling to waive the conditions, the Vendor shall deliver to the Purchaser a notice: (a) specifying in what respect the conditions have not been fulfilled; and (b) requesting that the Purchaser not submit a copy of this Agreement to the Superintendent pursuant to Article 9.2. In such event, the Vendor shall not be required to proceed with the transactions contemplated hereunder and this Agreement shall be of no further force and effect whatsoever.

Appears in 2 contracts

Samples: Asset Transfer Agreement, Asset Transfer Agreement

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