Common use of Termination Upon Breach or Default Clause in Contracts

Termination Upon Breach or Default. If Seller or Buyer shall materially default in the observance or in the due and timely performance of any of the covenants contained in this Agreement, or if there shall have been a material breach by either of the parties of any of the representations or warranties set forth in this Agreement, the other party may, upon written notice and a reasonably opportunity to cure, terminate this Agreement, without prejudice to its rights and remedies available at law, including the right to recover expenses, costs and other damages.

Appears in 2 contracts

Samples: Asset Purchase Agreement (VDC Corp LTD), Asset Purchase Agreement (VDC Corp LTD)

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Termination Upon Breach or Default. If Seller or Buyer shall materially default in the observance or in the due and timely performance of any of the covenants contained in this the Amended Agreement, or if there shall have been a material breach by either of the parties of any of the representations or warranties set forth in this AgreementMOU, the other party may, upon written notice and a reasonably opportunity to cure, terminate this the Amended Agreement, without prejudice to its rights and remedies available at law, including the right to recover expenses, costs and other damages.

Appears in 1 contract

Samples: VDC Corp LTD

Termination Upon Breach or Default. If Seller or Buyer the Buyers shall materially default in the observance or in the due and timely performance of any of the covenants contained in this Agreement, or if there shall have been a material inaccuracy in or breach by either any of the parties of any of the representations or warranties set forth in this Agreement, the other party may, upon written notice and a reasonably reasonable opportunity to cure, terminate this Agreement, without prejudice to its rights and remedies available at law, including the right to recover expenses, costs and other damages.

Appears in 1 contract

Samples: Asset Purchase Agreement (Skynet Holdings Inc)

Termination Upon Breach or Default. If Seller or Buyer shall materially default in the observance or in the due and timely performance of any of the covenants contained in this Agreement, or if there shall have been a material breach by either any of the parties of any of the representations or warranties set forth in this Agreement, which breach continues following delivery of written notice to the other party may, upon written notice and a reasonably reasonable opportunity to cure, the nonbreaching or nondefaulting party may terminate this Agreement, without prejudice to its rights and remedies available at law, including the right to recover expenses, costs and other damages.

Appears in 1 contract

Samples: Asset Purchase Agreement (Norstan Inc)

Termination Upon Breach or Default. If Seller At any time on or Buyer prior to the Closing Date, if a material default shall materially default be made by a party in the observance or in the due and timely performance of any of the covenants contained in this Agreementherein contained, or if there shall have been a material breach by either of the parties a party of any of the representations or and warranties set forth forty in this Agreement, Purchaser or Seller, as the other party maycase may be, upon written notice and a reasonably opportunity to cure, any terminate this Agreement, Agreement without prejudice to its other rights and remedies available at lawremedies, including the such partys right to recover its expenses, costs costs, and other damages.

Appears in 1 contract

Samples: Asset Purchase Agreement (WWW Ebizner Com Inc)

Termination Upon Breach or Default. If Seller or Buyer shall materially default in the observance or in the due and timely performance of any of the covenants contained in this Agreement, or if there shall have been a material breach by either any of the parties of any of the representations or warranties set forth in this Agreement, the other party may, upon written notice and a reasonably opportunity to cure, terminate this Agreement, without prejudice to its rights and remedies available at law, including the right to recover expenses, costs and other damages.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intranet Solutions Inc)

Termination Upon Breach or Default. If Seller or Buyer shall ---------------------------------- materially default in the observance or in the due and timely performance of any of the covenants contained in this Agreement, or if there shall have been a material breach by either of the parties of any of the representations or warranties set forth in this Agreement, the other party may, upon written notice and a reasonably opportunity to cure, terminate this Agreement, without prejudice to its rights and remedies available at law, including the right fight to recover expenses, costs and other damages.

Appears in 1 contract

Samples: Asset Purchase Agreement (Portacom Wireless Inc/)

Termination Upon Breach or Default. If Seller or Buyer shall ---------------------------------- materially default in the observance or in the due and timely performance of any of the covenants contained in this Agreement, or if there shall have been a material breach by either of the parties of any of the representations or warranties set forth in this Agreement, the other party may, upon written notice and a reasonably opportunity to cure, terminate this Agreement, without prejudice to its rights and remedies available at law, including the right to recover expenses, costs and other damages.

Appears in 1 contract

Samples: Asset Purchase Agreement (Portacom Wireless Inc/)

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Termination Upon Breach or Default. If Seller or Buyer shall ---------------------------------- materially default in the observance or in the due and timely performance of any of the covenants contained in this the Amended Agreement, or if there shall have been a material breach by either of the parties of any of the representations or warranties set forth in this AgreementMOU, the other party may, upon written notice and a reasonably opportunity to cure, terminate this the Amended Agreement, without prejudice to its rights and remedies available at law, including the right to recover expenses, costs and other damages.

Appears in 1 contract

Samples: Portacom Wireless Inc/

Termination Upon Breach or Default. If Seller At any time on or Buyer prior to the Closing Date, if a material default shall materially default be made by a party in the observance or in the due and timely performance of any of the covenants contained in this Agreementherein contained, or if there shall have been a material breach by either of the parties a party of any of the representations or and warranties set forth in this Agreement, Purchaser or Seller, as the other party maycase may be, upon written notice and a reasonably opportunity to cure, may terminate this Agreement, Agreement without prejudice to its other rights and remedies available at lawremedies, including the such party's right to recover its expenses, costs costs, and other damages.

Appears in 1 contract

Samples: Asset Exchange Agreement (WWW Ebizner Com Inc)

Termination Upon Breach or Default. If Seller At any time on or Buyer prior to the Closing Date, if a material default shall materially default be made by a party in the observance or in the due and timely performance of any of the covenants contained in this Agreementherein contained, or if there shall have been a material breach by either of the parties a party of any of the representations or and warranties set forth forty in this Agreement, Buyer or Seller, as the other party maycase may be, upon written notice and a reasonably opportunity to cure, any terminate this Agreement, Agreement without prejudice to its other rights and remedies available at lawremedies, including the such partys right to recover its expenses, costs costs, and other damages.

Appears in 1 contract

Samples: Manufacturing Plant Purchase Agreement (Pentagenic Pharmaceuticals Inc)

Termination Upon Breach or Default. If Seller At any time on or Buyer prior to the Closing Date, if a material default shall materially default be made by a party in the observance or in the due and timely performance of any of the covenants contained in this Agreementherein contained, or if there shall have been a material breach by either of the parties a party of any of the representations or and warranties set forth in this Agreement, Purchaser or Seller, as the other party maycase may be, upon written notice and a reasonably opportunity to cure, may terminate this Agreement, Agreement without prejudice to its other rights and remedies available at lawremedies, including the such party's right to recover its expenses, costs costs, and other damages.

Appears in 1 contract

Samples: Asset Purchase Agreement (Peer Review Mediation & Arbitration Inc)

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