Common use of Termination by FOX Clause in Contracts

Termination by FOX. This Agreement and the transactions contemplated under this Agreement may be terminated by FOX if before the Closing RESOURCE materially breaches any representation or warranty made by RESOURCE or any obligation undertaken by RESOURCE and RESOURCE fails to cure or to commence to cure such breach within five (5) days after receiving written notice from RESOURCE of such breach.

Termination by FOX. This Agreement and the transactions contemplated under this Agreement may be terminated by FOX if before the Closing RESOURCE ONTARIO materially breaches any representation or warranty made by RESOURCE ONTARIO or any obligation undertaken by RESOURCE ONTARIO and RESOURCE ONTARIO fails to cure or to commence to cure such breach within five (5) days after receiving written notice from RESOURCE ONTARIO of such breach.