Common use of Seller’s Remedies Clause in Contracts

Seller’s Remedies. Upon the failure by Buyer to fulfill or perform any undertaking, commitment, or obligation provided for herein on the part of Buyer that is required to be fulfilled on or prior to the Closing Date, Seller, at its sole option, may (i) enforce specific performance of this Agreement or (ii) pursue any rights or remedies available at law or in equity.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Inc)

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Seller’s Remedies. Upon (i) Notwithstanding anything herein to the contrary, upon the failure by Buyer to fulfill any undertaking or perform any undertaking, commitment, or obligation commitment provided for herein on the part of Buyer that is required to be fulfilled on or prior to the Closing Date, Seller, at its sole option, may (i) enforce specific performance of this Agreement or (ii) pursue any rights or remedies available at law or in equity.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (British Energy PLC), Purchase and Sale Agreement (British Energy PLC), Purchase and Sale Agreement (Commonwealth Edison Co)

Seller’s Remedies. Upon Notwithstanding anything herein to the contrary, upon the failure by Buyer to fulfill any undertaking or perform any undertaking, commitment, or obligation commitment provided for herein on the part of Buyer that is required to be fulfilled on or prior to the Closing Date, Seller, at its sole option, may (i) enforce specific performance of terminate this Agreement or (ii) pursue any rights or remedies available at law or in equity, subject to the limitations set forth herein.

Appears in 1 contract

Samples: Securities Purchase Agreement

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Seller’s Remedies. Upon Notwithstanding anything herein to the contrary, upon the failure by Buyer to fulfill any undertaking or perform any undertaking, commitment, or obligation commitment provided for herein on the part of Buyer that is required to be fulfilled on or prior to the Closing Date, Seller, at its sole option, may (i) enforce specific performance of this Agreement or (ii) pursue any rights or remedies available at law or in equity.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Anr Pipeline Co)

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