Notice by the Vendor. If the Purchaser fails to satisfy its obligations under clause 6 on or before the Completion Date, the Vendor may give the Purchaser a notice requiring it to satisfy those obligations within 14 days after the date of receipt of the notice. If the Purchaser fails to satisfy those obligations on the date specified in the Vendor’s notice, the Vendor may, without affecting or limiting any other rights it might have, terminate this Agreement.
Appears in 3 contracts
Samples: www.sec.gov, Pacific Asia Petroleum Inc, Pacific Asia Petroleum Inc
Notice by the Vendor. If the Purchaser fails to satisfy its obligations under clause 6 on or before the Completion Date, the Vendor may give the Purchaser a notice requiring it to satisfy those obligations within 14 days after the date of receipt of the notice. If the Purchaser fails to satisfy those obligations on the date Asset Transfer Agreement specified in the Vendor’s notice, the Vendor may, without affecting or limiting any other rights it might have, terminate this Agreement.
Appears in 1 contract
Samples: Joint Operating Agreement (Pacific Asia Petroleum Inc)
Notice by the Vendor. If the Purchaser fails to satisfy its obligations under clause 6 on or before the Completion Date, the Vendor may give the Purchaser a notice requiring it to satisfy those obligations within 14 days after the date of receipt of the notice. If the Purchaser fails to satisfy those obligations on the date specified in the Vendor’s notice, the Vendor may, without affecting or limiting any other rights it might have, terminate this Agreement.. Asset Transfer Agreement
Appears in 1 contract
Samples: BHPB Farmout Agreement (Pacific Asia Petroleum Inc)
Notice by the Vendor. If the Purchaser fails to satisfy its obligations under clause 6 on or before the Completion Date, the Vendor may give the Purchaser a notice requiring it to satisfy those obligations within 14 days after the date of receipt of the notice. If the Purchaser fails to satisfy those obligations on the date specified in the Vendor’s 's notice, the Vendor may, without affecting or limiting any other rights it might have, terminate this Agreement.
Appears in 1 contract
Samples: Pacific Asia Petroleum Inc