Purchaser's Termination Sample Clauses

Purchaser's Termination. (i) Purchaser shall have the right, for any reason or no reason at all, to terminate this Agreement with respect to the Oakton Property by delivering to Seller written notice of such termination at or before 5 o'clock p.m. (Virginia local time) on the Oakton Study Period Termination Date. If Purchaser terminates this Agreement with respect to the Oakton Property in the manner set forth above, then the Oakton Deposit and all accrued interest thereon shall be refunded to Purchaser, and no party shall have any further rights, liabilities, or obligations in connection with this Agreement with respect to the Oakton Property, except for those which may arise under subsection (c) hereof. If Purchaser does not terminate this Agreement with respect to the Oakton Property in the manner set forth above, then this Agreement shall remain and continue in full force and effect with respect to the Oakton Property.
Sample 1
Purchaser's Termination. This document may be terminated by notice given by the Purchaser to the Vendor at any time prior to Completion upon the happening of any of the following events:
Sample 1
Purchaser's Termination. At any time during the Inspection Period, Purchaser shall have the right to terminate this Agreement in Purchaser's sole discretion for any reason or no reason by providing written notice thereof to Seller. IfPurchaser does not provide written notice to Seller on or before the end ofthe Inspection Period indicating Purchaser's election to proceed with the transaction, then Purchaser shall be deemed to have terminated this Agreement pursuant to this Section 20. Upon any such termination or deemed termination, neither party hereto shall have any further liabilities, rights or obligations hereunder except those which expressly survive such termination ofthis Agreement, and the Escrow Agent shall return the Initial Deposit, plus all accrued interest thereon, to Purchaser without demand, deduction, offset or delay, or any consent, approval, authorization or release from Seller. In the event that Purchaser elects to proceed with the transaction, Purchaser shall pay the Additional Deposit to Escrow Agent no later than two (2) business days following the expiration ofthe Inspection Period as provided for in Section 2.2 ofthis Agreement. The failure ofPurchaser to pay the Additional Deposit when due shall result in the termination ofthis Agreement (notwithstanding the provisions ofSection 14 ofthis Agreement) whereupon neither party shall have any further liabilities, rights or obligations hereunder except those which expressly survive the termination ofthis Agreement, and the Escrow Agent shall pay the Initial Deposit, plus all accrued interest thereon, directly to Seller without demand, deduction, offset or delay.
Sample 1
Purchaser's Termination. Purchaser shall have the right, for any reason or no reason at all, to terminate this Agreement by delivering to Seller written notice of such termination at or before 5 o'clock p.m. (Virginia local time)
Sample 1
Purchaser's Termination. Purchaser may terminate this Purchase Agreement by timely delivery to Seller of a written notice to terminate as provided in this Purchase Agreement on or before the expiration of the Inspection Period in which event this Purchase Agreement shall terminate, the Exxxxxx Money Deposit shall be returned to Purchaser, and, except as otherwise specified in this Purchase Agreement, neither Seller nor Purchaser shall have any further obligation to each other. Upon such termination Purchaser shall promptly return to Seller the Seller’s Deliverables.
Sample 1

Related to Purchaser's Termination

  • Buyer’s Termination Right If, prior to Closing and the delivery of possession of the Property to Buyer in accordance with this Contract, (a) any condemnation proceeding shall be pending against a substantial portion of the Hotel or (b) there is any substantial casualty loss or damage to the Hotel, Buyer shall have the option to terminate this Contract, provided Buyer delivers written notice to Seller of its election within twenty (20) days after the date Seller has delivered Buyer written notice of any such loss, damage or condemnation as provided above, and in such event, the Xxxxxxx Money Deposit, and any interest thereon, shall be delivered to Buyer and thereafter, except as expressly set forth herein, no party shall have any further obligation or liability to the other under this Contract. In the context of condemnation, “substantial” shall mean condemnation of such portion of a Hotel (or access thereto) as could, in Buyer’s reasonable judgment, render use of the remainder impractical or unfeasible for the uses herein contemplated, and, in the context of casualty loss or damage, “substantial” shall mean a loss or damage in excess of One Hundred Thousand and No/100 Dollars ($100,000.00) in value.

  • Cross-Termination Notwithstanding any other provision of this Agreement, (1) BNY Mellon may terminate this Agreement by written notice to Voya if the accounting agreement between the Voya Funds and The Bank of New York Mellon is terminated by either the Voya Funds or The Bank of New York Mellon, effective on the date of termination of such accounting agreement, and (2) Voya may terminate this Agreement if the Voya Funds terminate their accounting agreement with The Bank of New York Mellon for cause, effective on the date of termination of such accounting agreement.

  • Termination for Cause; Voluntary Termination If at any time during the Term the Executive’s employment with the Company is terminated pursuant to Section 4.6 or 4.7, the Executive shall be entitled to only the following:

  • Termination by Buyer This Agreement and the transaction contemplated herein may be terminated and abandoned at any time on or prior to the Closing Date by Buyer, if:

  • Voluntary Termination; Termination for Cause If Executive’s employment with the Company terminates voluntarily by Executive or for “Cause” by the Company, then (i) all vesting of the Option will terminate immediately and all payments of compensation by the Company to Executive hereunder will terminate immediately (except as to amounts already earned), and (ii) Executive will only be eligible for severance benefits in accordance with the Company’s established policies as then in effect.

  • Transfer to Avoid Termination Event If either an Illegality under Section 5(b)(i)(1) or a Tax Event occurs and there is only one Affected Party, or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party, the Affected Party will, as a condition to its right to designate an Early Termination Date under Section 6(b)(iv), use all reasonable efforts (which will not require such party to incur a loss, excluding immaterial, incidental expenses) to transfer within 20 days after it gives notice under Section 6(b)(i) all its rights and obligations under this Agreement in respect of the Affected Transactions to another of its Offices or Affiliates so that such Termination Event ceases to exist. If the Affected Party is not able to make such a transfer it will give notice to the other party to that effect within such 20 day period, whereupon the other party may effect such a transfer within 30 days after the notice is given under Section 6(b)(i). Any such transfer by a party under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the other party, which consent will not be withheld if such other party's policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed.

  • Termination Without Cause; Termination for Good Reason If the Company shall terminate the Executive’s employment, other than for Cause, or the Executive shall terminate his employment for Good Reason, then;

Time is Money Join Law Insider Premium to draft better contracts faster.