Common use of Breach Notice Clause in Contracts

Breach Notice. If, prior to the Closing Date, Buyer obtains Knowledge of a breach of any of Seller’s representations, warranties or covenants contained in this Environmental Agreement, Buyer shall notify Seller in writing of such information (the “Breach Notice”) within three (3) Business Days of such discovery or on the day prior to the Closing Date, whichever is earlier. The Breach Notice shall contain reasonable details regarding the alleged breach and Buyer’s good faith estimate of the potential Losses associated with such breach.

Appears in 2 contracts

Samples: Environmental Agreement (Par Petroleum Corp/Co), Environmental Agreement (Tesoro Corp /New/)

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Breach Notice. If, prior to the Closing Date, Buyer obtains Knowledge of a breach of any of Seller’s representations, warranties or covenants contained in this Environmental Agreement, Buyer shall notify Seller in writing of such information (the “Breach Notice”) within three as promptly as reasonably possible but in all events no later than two (32) Business Days of such discovery or on the day prior to the Closing Date, whichever is earlier. The Breach Notice shall contain reasonable details regarding the alleged breach and Buyer’s good faith estimate of the potential Losses associated with such breach.

Appears in 2 contracts

Samples: Share Purchase Agreement (Global Clean Energy Holdings, Inc.), Environmental Agreement (Tesoro Corp /New/)

Breach Notice. If, prior to the Closing Date, Buyer obtains Knowledge of a breach of any of Seller’s 's representations, warranties or covenants contained in this Environmental Agreement, Buyer shall notify Seller in writing of such information (the "Breach Notice") within three (3) 10 Business Days of such discovery or on the day prior to the Closing Date, whichever is earlier. The Breach Notice shall contain reasonable details regarding the alleged breach and Buyer’s 's good faith estimate of the potential Losses associated with such breach.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Valero Energy Corp/Tx), Stock Purchase Agreement (Valero Energy Corp/Tx)

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Breach Notice. If, prior to the Closing Date, Buyer obtains Knowledge of a breach of any of Seller’s 's representations, warranties or covenants contained in this Environmental Agreement, Buyer shall notify Seller in writing of such information (the "Breach Notice") within three as promptly as reasonably possible but in all events no later than two (32) Business Days of such discovery or on the day prior to the Closing Date, whichever is earlier. The Breach Notice shall contain reasonable details regarding the alleged breach and Buyer’s 's good faith estimate of the potential Losses associated with such breach.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Par Petroleum Corp/Co)

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