Common use of Default by Sellers Clause in Contracts

Default by Sellers. If this Agreement is terminable by Buyer pursuant to SECTION 13.1(B) and Buyer is not in material default or material breach of this Agreement, Buyer shall be entitled: (i) to require Sellers to consummate and specifically perform the sale in accordance with SECTION 14.3, if necessary through injunction or other court order or process; or (ii) by written notice to Sellers, to terminate this Agreement; and (iii) to pursue any and all remedies against Sellers available at law or in equity.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Radio Unica Corp), Asset Purchase Agreement (Radio Unica Corp)

Default by Sellers. If this Agreement is terminable by Buyer pursuant to SECTION 13.1(BSection 13.1(b) and Buyer is not in material default or material breach of this Agreement, Buyer shall be entitled: (i) to require Sellers to consummate and specifically perform the sale in accordance with SECTION Section 14.3, if necessary through injunction or other court order or process; or (ii) by written notice to Sellers, to terminate this Agreement; and (iii) to pursue any and all remedies against Sellers available at law or in equity.

Appears in 1 contract

Sources: Asset Purchase Agreement (Oro Spanish Broadcasting Inc)