Common use of Abandonment of Sale Clause in Contracts

Abandonment of Sale. Each of the Company and the Third Party shall have the right, in its sole discretion, at all times prior to consummation of the proposed sale or other disposition giving rise to the tag-along right granted by this Article 7 to abandon, rescind, annul, withdraw or otherwise terminate such sale or other disposition, whereupon all tag-along rights in respect of such sale or other disposition pursuant to this Article 7 shall become null and void, and neither the Company nor the Third Party shall have any liability or obligation to Buyer or the Advancing Party with respect thereto by virtue of such abandonment, rescission, annulment, withdrawal or termination.

Abandonment of Sale. Each of the Company and the Third Party shall have the right, in its sole discretion, at all times prior to consummation of the proposed sale or other disposition giving rise to the tag-along right granted by this Article 7 Section 8 to abandon, rescind, annul, withdraw or otherwise terminate such sale or other disposition, whereupon all tag-along rights in respect of such sale or other disposition pursuant to this Article 7 Section 8 shall become null and void, and neither the Company nor the Third Party shall have any liability or obligation to Buyer or the Advancing Party with respect thereto by virtue of such abandonment, rescission, annulment, withdrawal or termination.

Abandonment of Sale. Each of the Company and the Third Party party shall have the right, in its sole discretion, at all times prior to consummation of the proposed sale or other disposition giving rise to the tag-along right granted by this Article 7 Section 8 to abandon, rescind, annul, withdraw or otherwise terminate such sale or other disposition, whereupon all tag-along rights in respect of such sale or other disposition pursuant to this Article 7 Section 8 shall become null and void, and neither the Company nor the Third Party shall have any liability or obligation to Buyer or the Advancing Party with respect thereto by virtue of such abandonment, rescission, annulment, withdrawal or termination.

Abandonment of Sale. Each of the Company and the Third Party shall have the right, in its sole discretion, at all times prior to consummation of the proposed sale or other disposition giving rise to the tag-along right granted by this Article 7 Section 8 to abandon, rescind, annul, withdraw or otherwise terminate such sale or other disposition, whereupon all tag-along rights in respect of such sale or other disposition pursuant to this Article 7 Section 8 shall become null and void, and neither the Company nor the Third Party shall have any liability or obligation to Buyer or the Advancing Party Existing Partners with respect thereto by virtue of such abandonment, rescission, annulment, withdrawal or termination.