Deliberate Breach definition
Examples of Deliberate Breach in a sentence
If this Agreement is terminated pursuant to Section 8.1 or 8.3(b) (but with respect to Section 8.3(b) only for a Willful or Deliberate Breach by Parent or Merger Sub) Parent shall, promptly upon request by the Company, reimburse the Company for all reasonable and documented out-of-pocket costs incurred by the Company or its Subsidiaries in connection with such cooperation.
If this Agreement is terminated pursuant to Section 8.1(a) or 8.1(b)(ii) (but with respect to Section 8.1(b)(ii) only for a Willful or Deliberate Breach by Buyer), Buyer shall, promptly upon request by the Company, reimburse the Company for all reasonable and documented out-of-pocket costs incurred by the Company or its Subsidiaries in connection with such cooperation.
For purposes of this Agreement, and subject to the terms and conditions set forth herein, failure by Buyer to deliver the Purchase Price at the Closing as set forth in Section 1.2 and Subsection 1.4(b) (provided that all closing conditions have been met) hereof shall constitute a Deliberate Breach.