Common use of Satisfactory Due Diligence Clause in Contracts

Satisfactory Due Diligence. The Purchaser being satisfied with the results of its due diligence investigations with respect to the Royalties. DM_VAN/237461-00001/6307131.3 In the event that any of the foregoing conditions are not performed or fulfilled at or before the Closing, the Purchaser may, subject to section 11.11, terminate this Agreement, in which event, subject to section 11.11, the Purchaser will be released from all obligations under this Agreement, and the Vendors will also be so released unless the Vendors were reasonably capable of causing such condition or conditions to be fulfilled or unless the Vendors have breached any of its covenants or obligations in or under this Agreement. The foregoing conditions are for the benefit of the Purchaser only and accordingly the Purchaser will be entitled to waive compliance with any such conditions if it sees fit to do so, without prejudice to its rights and remedies at law and in equity and also without prejudice to any of its rights of termination in the event of non-performance of any other conditions in whole or in part.

Appears in 1 contract

Samples: Royalty Purchase Agreement (International Royalty Corp)

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Satisfactory Due Diligence. The Purchaser being satisfied with the results of its due diligence investigations with respect to the RoyaltiesRoyalty. DM_VAN/237461-00001/6307131.3 In the event that any of the foregoing conditions are not performed or fulfilled at or before the Closing, the Purchaser may, subject to section 11.11, terminate this Agreement, in which event, subject to section 11.11, the Purchaser will be released from all obligations under this Agreement, and the Vendors will also be so released unless the Vendors were reasonably capable of causing such condition or conditions to be fulfilled or unless the Vendors have breached any of its covenants or obligations in or under this Agreement. The foregoing conditions are for the benefit of the Purchaser only and accordingly the Purchaser will be entitled to waive compliance with any such conditions if it sees fit to do so, without prejudice to its rights and remedies at law and in equity and also without prejudice to any of its rights of termination in the event of non-performance of any other conditions in whole or in part.

Appears in 1 contract

Samples: Royalty Purchase Agreement (International Royalty Corp)

Satisfactory Due Diligence. The Purchaser being satisfied with the results of its due diligence investigations with respect to the Royalties. DM_VAN/237461-00001/6307131.3 In the event that any of the foregoing conditions are not performed or fulfilled at or before the Closing, the Purchaser may, subject to section 11.11, terminate this Agreement, in which event, subject to section 11.11, the Purchaser will be released from all obligations under this Agreement, and the Vendors will also be so released unless the Vendors were reasonably capable of causing such condition or conditions to be fulfilled or unless the Vendors have breached any of its covenants or obligations in or under this Agreement. The foregoing conditions are for the benefit of the Purchaser only and accordingly the Purchaser will be entitled to waive compliance with any such conditions if it sees fit to do so, without prejudice to its rights and remedies at law and in equity and also without prejudice to any of its rights of termination in the event of non-performance of any other conditions in whole or in part.

Appears in 1 contract

Samples: Royalty Purchase Agreement (International Royalty Corp)

Satisfactory Due Diligence. The Purchaser being satisfied with the results of its due diligence investigations with respect to the RoyaltiesRoyalty. DM_VAN/237461-00001/6307131.3 In the event that any of the foregoing conditions are not performed or fulfilled at or before the Closing, the Purchaser may, subject to section 11.11, terminate this Agreement, in which event, subject to section 11.11, the Purchaser will be released from all obligations under this Agreement, and the Vendors will also be so released unless the Vendors were reasonably capable of causing such condition or conditions to be fulfilled or unless the Vendors have breached any of its covenants or obligations in or under this Agreement. The foregoing conditions are for the benefit of the Purchaser only and accordingly the Purchaser will be entitled to waive compliance with any such conditions if it sees fit to do so, without prejudice to its rights and remedies at law and in equity and also without prejudice to any of its rights of termination in the event of non-performance of any other conditions in whole or in part.. DM_VAN/237461-00001/6303642.7

Appears in 1 contract

Samples: Royalty Purchase Agreement (International Royalty Corp)

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Satisfactory Due Diligence. The Purchaser being satisfied with the results of its due diligence investigations with respect to the Royalties. DM_VAN/237461-00001/6307131.3 ; In the event that any of the foregoing conditions are not performed or fulfilled at or before the Closing, the Purchaser may, subject to section 11.11, terminate this Agreement, in which event, subject to section 11.11, the Purchaser will be released from all obligations under this Agreement, and the Vendors Vendor will also be so released unless the Vendors were Vendor was reasonably capable of causing such condition or conditions to be fulfilled or unless the Vendors have Vendor has breached any of its covenants or obligations in or under this Agreement. The foregoing conditions are for the benefit of the Purchaser only and accordingly the Purchaser will be entitled to waive compliance with any such conditions if it sees fit to do so, without prejudice to its rights and remedies at law and in equity and also without prejudice to any of its rights of termination in the event of non-performance of any other conditions in whole or in part.

Appears in 1 contract

Samples: Royalty Purchase Agreement (International Royalty Corp)

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