Common use of Termination of Purchase Agreement Clause in Contracts

Termination of Purchase Agreement. Prior to the payment in full of the purchase price and completion of the work commitments, the Purchaser may terminate the Purchase Agreement by notice to the Vendor. If the Purchase Agreement is terminated by the Purchaser or the Vendor, prior to the payment of Purchase Price in full and the completion of the work commitments the obligations of the Purchaser stop at the balance of the Purchase Price then outstanding and complete the work commitments shall end and the purchaser shall:

Appears in 3 contracts

Samples: Mineral Claim Purchase Agreement (Touchstone Mining LTD), Mineral Claim Purchase Agreement (Deerfield Resources, Ltd.), Mineral Claim Purchase Agreement (Mariposa Resources, Ltd.)

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Termination of Purchase Agreement. 22. Prior to the payment in full of the purchase price Purchase Price and completion of the Purchaser's work commitments, the Purchaser may terminate the Purchase Agreement by notice to the Vendor. If the Purchase Agreement is terminated by the Purchaser or the Vendor, prior to the payment of Purchase Price in full and the completion of the work commitments the obligations of the Purchaser stop at the balance of the Purchase Price then outstanding and complete the work commitments shall end and the purchaser shall:.

Appears in 1 contract

Samples: Mineral Claim Option and Purchase Agreement (USA Uranium Corp.)

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