Common use of Seller’s Defaults Clause in Contracts

Seller’s Defaults. Seller shall be considered to be in default hereunder if Seller 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 Purchaser's default.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ml Macadamia Orchards L P), Asset Purchase Agreement (Ml Macadamia Orchards L P)

AutoNDA by SimpleDocs

Seller’s Defaults. Seller shall be considered deemed to be in default hereunder if Seller fails shall fail to meet, comply with, 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 under this Contract, and such failure was not caused by Purchaser's defaultContract or any warranty or representation shall become untrue when made or deemed to be made.

Appears in 2 contracts

Samples: Contract for Purchase and Sale of Real Estate, Contract for Purchase and Sale of Real Estate

Seller’s Defaults. The Seller shall be considered deemed to be in default hereunder if in the event that the Seller fails shall fail to meet, comply with, with or perform observe any material covenant, agreement, representation, warranty or obligation on its the Seller's part required to be performed within the time limits and in the manner required herein or in this Contract, and such failure was the event any of the conditions precedent described herein shall not caused have been complied with or waived by Purchaser's defaultCity.

Appears in 1 contract

Samples: agenda.okc.gov

Seller’s Defaults. Seller shall be considered deemed to be in default hereunder if in the event Seller fails fails, for a reason other than Purchaser'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 Purchaser's defaultSeller.

Appears in 1 contract

Samples: Purchase and Sale and Joint Escrow Instructions (Direct Focus Inc)

Seller’s Defaults. Seller shall be considered deemed to be in default hereunder if under this Agreement in the event Seller fails or refuses to meet, comply withperform Seller’s obligations under this Agreement for any reason other than a default by Purchaser, or perform any material covenant, agreement, representation, warranty or obligation on its part required within the time limits and in the manner required in a permitted termination by Seller under other provisions of this Contract, and such failure was not caused by Purchaser's defaultAgreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Spansion Inc.)

Seller’s Defaults. Seller shall be considered to be in default hereunder if in the event Seller fails shall fail to meet, comply with, or perform any material covenant, agreement, representation, warranty covenant agreement 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 Purchaser's defaultAgreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Rampart Capital Corp)

AutoNDA by SimpleDocs

Seller’s Defaults. Seller shall be considered deemed to be in default hereunder if in the event that any of Seller’ s representations hereunder are determined to be false or misleading in any material respect (other than due to circumstances as to which Section 4.03 would be applicable) or in the event Seller 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 Contract, and such failure was not caused by Purchaser's defaultAgreement.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Capital Senior Living Corp)

Seller’s Defaults. Seller shall be considered deemed to be in default hereunder if in the event that Seller fails shall fail to 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 for any reason other than a default by Purchaser hereunder or termination of this Agreement by either Seller or Purchaser pursuant to the terms and provisions hereof, and such failure was not caused by shall continue for ten (10) days after Seller’s receipt of written notice of such default from Purchaser's default.

Appears in 1 contract

Samples: Loan Purchase and Sale Agreement (Independent Bank Group Inc)

Seller’s Defaults. Seller shall be considered to be in default hereunder if in the event Seller fails shall fail to 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 Contract, and such failure was not caused by Purchaser's defaultAgreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Rampart Capital Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.