Common use of Default or Breach Clause in Contracts

Default or Breach. If either party fails to perform any obligation under this Agreement, the other party may do 126 any or all of the following: (1) cancel the Agreement (2) sue for specific performance, (3) sue for actual and compensatory 127 damages. Legal counsel is strongly recommended in such circumstances.

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Default or Breach. If either party fails to perform any obligation under this Agreement, the other party may do 126 any or all of the following: (1) cancel the Agreement (2) sue xxx for specific performance, (3) sue xxx for actual and compensatory 127 damages. Legal counsel is strongly recommended in such circumstances.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

Default or Breach. If either party fails to perform any obligation under this Agreement, the other party may do 126 any or all of the following: (1) cancel the Agreement (2) sue xxx for specific performance, (3) sue xxx for actual and compensatory 127 damages. Legal counsel is strongly recommended in such circumstances.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Solanbridge Group, Inc.), Purchase and Sale Agreement

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Default or Breach. If either party fails to perform any obligation under this Agreement, the other party may do 126 any or all of the following: (1) cancel the Agreement (2) sue for specific performance, (3) sue for actual and compensatory 127 damages. Legal counsel is strongly recommended in such circumstances.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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