Geologic Data definition
Examples of Geologic Data in a sentence
Neither Party shall be obligated to consummate the Closing of the sale of the Purchased Geologic Data if any court, arbitrator or governmental agency shall have issued any order, decree or ruling, or if there exists any statute, rule or regulation restraining, enjoining or prohibiting the consummation of the transactions contemplated hereby.
Purchaser shall also pay any sales or use taxes, if any, applicable to the sale of the Purchased Geologic Data.
The Purchased Geologic Data shall be assembled by PRI at its Casper, Wyoming office for Purchaser’s review within fortyfive days from the date of this Agreement.
Purchaser may conduct its review of the Purchased Geologic Data upon providing three business days prior written notice to PRI, during PRI’s regular business hours.
The consideration to be paid by Purchaser to the Vendors for the Purchased Geologic Data shall be $350,000 (the “Purchase Price”).
Such notice shall be delivered to PRI, in accordance with Section 8, within five days after Purchaser’s review of the Purchased Geologic Data.
At the Closing for the Purchased Geologic Data, Purchaser shall deliver to the Vendors share certificates representing the Shares.
At the Closing for the Purchased Geologic Data, Purchaser shall deliver to PRI $950,000 (U.S.) in the form of a cashier’s check, or wire transfer.
Purchaser shall, at its sole expense, remove the Purchased Geologic Data it has purchased from the Casper office within five business days following that Closing, unless other arrangements are mutually agreed upon between the Parties.
Closing of the acquisition of the Purchased Geologic Data shall be July 27, 2010 or such other date acceptable to Purchaser and the Vendors.