Remedies Of Injured Party. If a Party (hereinafter referred to as “the Defaulting Party”) fails to comply with any of the terms and conditions of this Agreement such that Closing does not occur, the other Party (hereinafter referred to as “the Injured Party”) may, by notice to the Defaulting Party, elect to:
Appears in 3 contracts
Samples: Agreement (Capital Reserve Canada LTD), Agreement (Samoyed Energy Corp), Agreement of Purchase and Sale (Samoyed Energy Corp)
Remedies Of Injured Party. If a Party (hereinafter referred to as “"the Defaulting Party”") fails to comply with any of the terms and conditions of this Agreement such that Closing does not occur, the other Party (hereinafter referred to as “"the Injured Party”") may, by notice to the Defaulting Party, elect to:
Appears in 2 contracts
Samples: Agreement of Purchase and Sale (Geocan Energy Inc), Agreement of Purchase and Sale (Geocan Energy Inc)
Remedies Of Injured Party. If If, prior to Closing, a Party (hereinafter referred to as “the "Defaulting Party”") fails to comply with any of the terms and conditions of its obligations under this Agreement such that Closing does not occurAgreement, the other Party (hereinafter referred to as “the "Injured Party”") may, by notice to the Defaulting Party, elect toto either:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Transglobe Energy Corp)