Common use of Purchaser Events of Default Clause in Contracts

Purchaser Events of Default. Each of the following events or circumstances constitutes an event of default by the Purchaser (each, a “Purchaser Event of Default”): (a) the Purchaser is in breach or default of any of its covenants or obligations set forth in this Agreement in any material respect, and such breach or default is not remedied within a period of 30 days following delivery by the Seller to the Purchaser of written notice of such breach or default, or such longer period of time as the Seller may determine in its sole discretion; or (b) any of the representations or warranties given by the Purchaser is inaccurate in any material respect as of the date given, and such inaccuracy is not remedied within a period of 30 days following delivery by the Seller to the Purchaser of written notice of such inaccuracy, or such longer period of time as the Seller may determine in its sole discretion.

Purchaser Events of Default. Each of the following events or circumstances constitutes an event of default by the a Purchaser (each, a “Purchaser Event of Default”): (a) the a Purchaser is in breach or default of any of its covenants or obligations set forth in this Agreement in any material respect, and such breach or default is not remedied within a period of 30 days following delivery by the Seller to the such Purchaser of written notice of such breach or default, or such longer period of time as the Seller may determine in its sole discretion; or (b) any of the representations or warranties given by the a Purchaser is inaccurate in any material respect as of the date given, and such inaccuracy is not remedied within a period of 30 days following delivery by the Seller to the such Purchaser of written notice of such inaccuracy, or such longer period of time as the Seller may determine in its sole discretion.