Common use of Enforce Contracts Clause in Contracts

Enforce Contracts. The Seller shall observe and perform all of its obligations under all Material Contracts up to the Closing Time and, in the case of a material default by another party thereto, it shall forthwith advise the Purchaser of such default and shall, if requested by the Purchaser, enforce all of its rights under the applicable Contract in respect of such default;

Appears in 3 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Vecima Networks Inc.), Asset Purchase Agreement (Concurrent Computer Corp/De)