Common use of Waiver of Right to Rescission Clause in Contracts

Waiver of Right to Rescission. Seller and Buyer acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 13 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Carrizo Oil & Gas Inc)

AutoNDA by SimpleDocs

Waiver of Right to Rescission. Seller and Buyer acknowledge that that, following the Closing, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, following the Closing, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 8 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Carrizo Oil & Gas Inc)

Waiver of Right to Rescission. Seller and Buyer Purchaser acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, Buyer Each Party hereby waives and Seller waive relinquishes any right to rescind this Agreement Agreement, the purchase and sale of the Acquired Assets, and the assumption of the Assumed Liabilities, or any of the transactions contemplated herebyother Contemplated Transactions.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (SRC Energy Inc.), Purchase and Sale Agreement, Purchase and Sale Agreement (Unit Corp)

Waiver of Right to Rescission. Seller and Buyer Xxxxx acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Waiver of Right to Rescission. Seller Sellers and Buyer acknowledge that that, following the Closing, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, following the Closing, Buyer and Seller Sellers waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Qep Resources, Inc.), Purchase and Sale Agreement (Qep Resources, Inc.)

Waiver of Right to Rescission. Other than Buyer’s right to enforce specific performance under Section 11.2, Seller and Buyer acknowledge that the payment of money, as limited by the terms of this Agreement, money shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement Agreement, the sale of the Assets to Buyer, or any of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Callon Petroleum Co), Purchase and Sale Agreement (Cimarex Energy Co)

Waiver of Right to Rescission. Seller and Buyer acknowledge that that, following Closing, the payment of money, as limited by the terms of this Agreement, shall will be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall will be adequate compensation, following Closing, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Acquisition Agreement (Swift Energy Co)

Waiver of Right to Rescission. Seller SELLER and Buyer BUYER acknowledge that that, following the Closing, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, Buyer following the Closing, BUYER and Seller SELLER waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Parsley Energy, Inc.)

Waiver of Right to Rescission. Except as provided in Section 6.2, Seller and Buyer acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As Except as provided in Section 6.2, as the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Petroquest Energy Inc)

Waiver of Right to Rescission. Seller Sellers and Buyer acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller Sellers waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Transamerican Waste Industries Inc)

Waiver of Right to Rescission. Seller and Buyer acknowledge that that, following the Closing, the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, following the Closing, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Samson Oil & Gas LTD)

AutoNDA by SimpleDocs

Waiver of Right to Rescission. Seller and Buyer acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind equitable remedies, including injunctions or rescission of this Agreement or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pedevco Corp)

Waiver of Right to Rescission. Seller Other than Sellers’ and Buyer’s right to enforce specific performance under Section 11.2(a)(ii) and 11.2(b)(i), respectively, Sellers and Buyer acknowledge that the payment of money, money (as limited by Section 15.2(a) and the terms other provisions of this Agreement, ) shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller Sellers waive any right to rescind this Agreement Agreement, the sale of the Assets to Buyer, or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synergy Resources Corp)

Waiver of Right to Rescission. Seller and Buyer acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.. ARTICLE XV

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Plains Exploration & Production Co)

Waiver of Right to Rescission. Seller and Buyer Xxxxx acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement or any of the transactions contemplated hereby.hereby.‌

Appears in 1 contract

Samples: Stock and Membership Interest Purchase Agreement

Waiver of Right to Rescission. Except as otherwise provided in this Agreement, Seller and Buyer acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement after the Closing Date or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Energytec Inc)

Waiver of Right to Rescission. Buyer and Seller and Buyer acknowledge that the payment of money, as limited by the terms of this Agreement, shall be adequate compensation for breach of any representation, warranty, covenant or agreement contained herein or for any other claim arising in connection with or with respect to the transactions contemplated in by this Agreement. As the payment of money shall be adequate compensation, Buyer and Seller waive any right to rescind this Agreement Agreement, the sale of the Assets to Buyer, or any of the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Oasis Petroleum Inc.)

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