If Seller shall breach any of its representations, warranties or covenants under this Agreement, or fail to perform its obligation to convey the Acquired Interests to the Purchaser and close in accordance with the terms of this Agreement, then, in addition to any remedies available at law or in equity, Purchaser, may at its option (a) terminate this Agreement or (b) in lieu of terminating this Agreement, Purchaser shall have the option to bring a suit for specific performance.