Common use of Obligation to Complete Clause in Contracts

Obligation to Complete. The Purchaser shall not be obliged to complete the purchase of any of the Sale Share and/or the Company Indebtedness unless the purchase of all the Sale Share and the Company Indebtedness is completed in accordance with this Agreement. Without prejudice to any other remedies available to the Purchaser, if in any respect the provisions of Clause 5.02 are not complied with by the Vendor on Completion the Purchaser may: (a) defer Completion to a date not more than 14 days after the Completion Date (and so that the provisions of this Clause 5.04 shall apply to Completion as so deferred); or (b) proceed to Completion so far as practicable (without prejudice to its rights hereunder); or (c) rescind this Agreement without prejudice to any other remedy it may have.

Obligation to Complete. The Purchaser shall not be obliged to complete the purchase of any of the Sale Share and/or the Company Indebtedness unless the purchase of all the Sale Share and the Company Indebtedness is completed in accordance with this Agreement. Without prejudice to any other remedies available to the Purchaser, if in any respect the provisions of Clause 5.02 4.02 are not complied with by the Vendor on Completion the Purchaser may: (a) defer Completion to a date not more than 14 days after the Completion Date (and so that the provisions of this Clause 5.04 4.04 shall apply to Completion as so deferred); or (b) proceed to Completion so far as practicable (without prejudice to its rights hereunder); or (c) rescind this Agreement without prejudice to any other remedy it may have.