Common use of AS A RESULT OF DEFAULT Clause in Contracts

AS A RESULT OF DEFAULT. This Agreement may be terminated at any time prior to the closing Date as a result of the default of a party without a prior default by the other party upon written notice to the defaulting party by the non-defaulting party after the expiration of any applicable cure period set forth herein. Reference is made to paragraph 20 of this Agreement containing events of default by the parties as well as the remedies of the parties thereafter.

AS A RESULT OF DEFAULT. This Agreement may be terminated at any time prior to the closing Closing Date as a result of the default of a party without a prior default by the other party upon written notice to the defaulting party by the non-defaulting party after the expiration of any applicable cure period set forth herein. Reference is made to paragraph 20 of this Agreement containing events of default by the parties as well as the remedies of the parties thereafter.. 11 12