Material Default. Seller shall not be in material default of any term or condition of this Agreement. The foregoing conditions are conditions precedent in favor of Buyer and may be waived by Buyer at its election.
Appears in 6 contracts
Sources: Purchase Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Limoneira CO)
Material Default. Seller Buyer shall not be in material default of any term or condition of this Agreement. The foregoing conditions are conditions precedent in favor of Buyer Seller and may be waived by Buyer Seller at its election.
Appears in 6 contracts
Sources: Purchase Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Limoneira CO)