Common use of Agreement Void Ab Initio Upon Failure to Satisfy Certain Conditions Precedent Clause in Contracts

Agreement Void Ab Initio Upon Failure to Satisfy Certain Conditions Precedent. On or before the Effective Date, Resident shall have either: (a) obtained an unrestricted license to practice Medicine in the State of Florida or successfully completed the registration requirements set forth in Section 458.345 or Section 459.021, Florida Statutes or any successor statutes thereto (the “Condition Precedent”) and (b) proof of eligibility for employment including valid visa and/or other documents indicating eligibility for employment in the U.S. In the event Resident fails for any reason or cause to satisfy the Condition Precedent on or before 11:59 P.M. EST on the day immediately preceding the Effective Date, this Agreement shall be deemed rescinded by mutual agreement and thereupon null, void ab initio, and without any force or effect. No action or notice shall be required on the part of NCH under this Section 1.1 to affect the rescission of this Agreement. In the event Resident fails to satisfy the Condition Precedent within the time provided herein, neither party shall have any obligation or duty, monetary or otherwise, to the other for any period prior to or after effective date of this provision.

Agreement Void Ab Initio Upon Failure to Satisfy Certain Conditions Precedent. On or of before the Effective Date, Resident shall have either: (a) obtained an unrestricted license to practice Medicine in the State of Florida or successfully completed the registration requirements set forth in Section 458.345 or Section 459.021, Florida Statutes or any successor statutes thereto (the “Condition Precedent”) and (b) proof of eligibility for employment including valid visa and/or other documents indicating eligibility for employment in the U.S. In the event Resident fails for any reason or cause to satisfy the Condition Precedent on or before 11:59 P.M. EST on the day immediately preceding the Effective Date, this Agreement shall be deemed rescinded by mutual agreement and thereupon null, void ab initio, and without any force or effect. No action or notice shall be required on the part of NCH MCH under this Section Section 1.1 to affect the rescission of this Agreement. In the event Resident fails to satisfy the Condition Precedent within the time provided herein, neither party shall have any obligation or duty, monetary or otherwise, to the other for any period prior to or after effective date of this provision.