SELLER'S OPTION. In case any condition referred to in Section 7.3 to be performed or complied with as of the Closing Date shall not have been so performed or complied with, Seller may, without limiting any other right that Seller may have, at its sole option, either; (a) rescind this Agreement by notice to Purchaser, and in such event Seller shall be released from all obligations hereunder; or (b) waive compliance with any such term, covenant or condition in whole or in part.
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Sources: Asset Purchase Agreement (Security Associates International Inc), Asset Purchase Agreement (Security Associates International Inc)