Damage to Assets. By Buyer if it shall elect to exercise its termination right pursuant to Section 6.11.
Damage to Assets. If, on or before the Closing Date, any of the Assets are damaged or destroyed, Seller will immediately notify Purchaser of such damage or destruction. In the event of any such damage or destruction, Purchaser shall (a) remove any or all of the damaged or destroyed asset or assets it does not desire to purchase from the Assets to be purchased hereunder and reduce the Purchase Price by an amount equal to the portion of the Purchase Price attributable to the damaged or destroyed asset or assets so removed and (b) complete the purchase of the remainder of the Assets and reduce the Purchase Price by the loss in fair market value of any damaged or destroyed Assets that are purchased by Purchaser.
Damage to Assets. If, on or before the Closing Date, the assets or properties of the Seller are damaged or destroyed, Seller and Shareholder shall notify BCC of such damage or destruction. In the event of any such damage or destruction, BCC shall have the right, in its sole discretion, to either (i) reduce the Merger Consideration by an amount equal to the value of the damaged or destroyed asset or assets, and complete the purchase, or (ii) terminate this Agreement as provided by Section 17.1 hereof and not complete the purchase.
Damage to Assets. 53 Article 5
Damage to Assets. If prior to the Closing Date, all or any portion of the Assets are damaged, destroyed or rendered inoperative (collectively the "Damage") by fire, natural elements, or other causes beyond Seller's control, Seller shall immediately notify Purchaser of such Damage and the following procedures shall apply:
Damage to Assets. In the event of any damage to any of the Assets before Closing by reason of Act of God, theft, vandalism, destruction, condemnation, fire or other similar cause, the Seller shall give Purchaser immediate written notice (a "Casualty Notice") of such event. In such notice, the Seller shall indicate its best estimate of the extent of the damage or taking; the amount of insurance or condemnation award available; and if repairable, the length of time required for restoration and the cost thereof. Purchaser shall have the option, at its sole discretion, (i) to require the Seller to restore any damage or loss, or (ii) to require the Seller to pay the insurance or condemnation proceeds therefor to Purchaser, or (iii) to terminate this Agreement.
Damage to Assets. There shall not have occurred any damage, loss, destruction or condemnation of the assets of the Company that would have a Material Adverse Effect.
Damage to Assets. All costs and expenses required to replace or repair damage to or loss of assets and equipment due to fire, flood, storm, accidents or other similar events will be a risk of THE CONTRACTOR and THE CONTRACTOR will inform ANH of xxsses or damage suffered as soon as possible after the event.
Damage to Assets. 64 18.14 Press Releases and Public Announcements...............................65 18.15 No Third Party Beneficiaries..........................................65 18.16 Construction..........................................................65 18.17 Incorporation of Exhibits, Annexes and Disclosure Schedule............65 18.18 Specific Performance..................................................65 18.19
Damage to Assets. If, on or before the Closing Date, any of the Assets are damaged or destroyed, Seller will immediately notify Purchaser in writing of such damage or destruction. In the event of any such damage or destruction, Purchaser shall (i) remove any or all of the damaged or destroyed asset or assets it does not desire to purchase from the Assets to be purchased hereunder and reduce the cash portion of the Purchase Price by an amount equal to the portion of the Purchase Price
