Forfeit of Deposit. The Deposit will be forfeited to the Seller if: (a) this document is validly terminated by the Seller pursuant to clause 7.3(b); or (b) the Interdependent Sale Agreement is validly terminated by the Seller pursuant to clause 7.3(b) of that agreement.
Appears in 2 contracts
Sources: Share Sale and Purchase Agreement (Interoil Corp), Share Sale and Purchase Agreement (Interoil Corp)