PURCHASER'S DEFAULTS. Purchaser shall be considered to be in default hereunder if Purchaser fails to meet, comply with, or perform any material covenant, agreement, representation, warranty, or obligation on its part required within the time limits and in the manner required in this Contract, and such failure was not caused by Seller's default.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Ml Macadamia Orchards L P), Asset Purchase Agreement (Ml Macadamia Orchards L P)
PURCHASER'S DEFAULTS. Purchaser shall be considered deemed to be in default hereunder if Purchaser fails shall fail to meetdeliver, comply withat the Closing, the items required to be delivered by Purchaser to Seller (for any reason other than a default by Seller) or if Purchaser otherwise shall fail to perform any material covenant, agreement, representation, warranty, of its other covenants or obligation on its part required within the time limits and in the manner required in this Contract, and such failure was not caused by Seller's defaultobligations hereunder.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Bedford Property Investors Inc/Md)
PURCHASER'S DEFAULTS. (a) Purchaser's Defaults. Purchaser shall be considered deemed to be in default hereunder if in the event Purchaser fails fails, for a reason other than Seller's default hereunder, to timely meet, comply with, or perform any material covenant, agreement, representation, warranty, agreement or obligation on its part required within the time limits and in the manner required in this ContractAgreement, and such failure was not caused or there shall have occurred a material breach of any representation or warranty made by Seller's defaultPurchaser.
Appears in 1 contract
PURCHASER'S DEFAULTS. Purchaser shall be is considered to be in default hereunder if Purchaser fails to meet, comply with, or perform any material covenant, agreement, representation, warranty, or obligation on its part required within the time limits and in the manner required in this ContractAgreement, and such failure was not caused by Seller's default.
Appears in 1 contract
PURCHASER'S DEFAULTS. Purchaser shall be considered deemed to be in default hereunder if in the event Purchaser fails shall fail in any material respect to meet, comply with, or perform any material covenant, agreement, representation, warranty, or obligation on its part required within the time limits and in the manner required in this ContractAgreement. Notwithstanding the foregoing, and such Seller’s remedy for Purchaser’s failure was not caused to timely deposit the Escrow Deposit shall be governed by Seller's defaultSection 8.11.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Capital Senior Living Corp)
