Common use of Material Commitments Clause in Contracts

Material Commitments. Until Closing, the Vendor shall not, without the prior written consent of the Purchaser: surrender or abandon any of the Assets;

Appears in 2 contracts

Sources: Rescission Agreement (Terra Nostra Technology LTD), Rescission Agreement (Capital Reserve Canada LTD)

Material Commitments. (a) Until Closing, the Vendor shall not, without the prior written consent of the Purchaser: i. surrender or abandon any of the Assets;

Appears in 1 contract

Sources: Asset Purchase Agreement (Stone Canyon Resources LTD)