Common use of Obligation to Complete Clause in Contracts

Obligation to Complete. Without prejudice to any other remedies available to the Purchaser, if in any respect the provisions of Clause 5.2 are not complied with by the Vendor on Completion the Purchaser may: (i) defer Completion to a date not more than 14 days after the Completion Date (and so that the provisions of this Clause 5.4 shall apply to Completion as so deferred); or (ii) proceed to Completion so far as practicable (without prejudice to its rights hereunder); or (iii) rescind this Agreement without prejudice to any other remedy it may have.

Appears in 2 contracts

Sources: Sale and Purchase Agreement (China Natural Resources Inc), Sale and Purchase Agreement (China Natural Resources Inc)