Cancellation of Letter Agreement Sample Clauses

Cancellation of Letter Agreement. Notwithstanding anything to the contrary contained in this Letter Agreement, if, on or before November 1, 1994: (1) for any reason Aetna, the County, and MDP, Ltd. (so long as MDP, Ltd. Has a security interest in this Letter Agreement; or (2) the Debtor fails to obtain from the bankruptcy Court an order confirming a Plan of Reorganization proposed by the Debtor that includes the terms of this Letter Agreement (a “Conforming Plan”); then, subject to the reservation of rights stet forth in the introductory paragraphs of this Letter Agreement with regard to the Prior Agreement, all terms and conditions of this Letter Agreement shall be deemed null and void and of no further force Condominium Owners Association June 30, 1994 Page –20- or effect and the parties’ obligations contained herein shall automatically be terminated, with the exception of the terms and conditions of, and the obligations created by, paragraphs A [Revisions to Management Structure, etc.] H [Control of Health and Tennis Club, etc.], K [Dismissal of Class Action Lawsuit] and M [Use of Office Space] of this Letter Agreement (collectively, the “Surviving Obligations”). Whether or not Aetna, the County and MDP, Ltd. Approve this Letter Agreement by November 1, 1994, and whether or not Debtor obtains an order confirming a Conforming Plan by that date, the Surviving Obligations shall remain enforceable in accordance with their terms, so long as any Conforming Plan that may be submitted to the homeowners for acceptance with regard to which a confirmation hearing is conducted on or before November 1, 1994 (a “Timely Conforming Plan”) is accepted by the class of the percentages set forth in Bankruptcy Code S 1126, then, subject to the reservation of the rights set forth in the introductory paragraphs of this Letter Agreement with regard to the Prior Agreement, the Surviving Obligations shall also be deemed null and void and of no further force or effect, unless, notwithstanding the rejection of such a plan by the Homeowners Class, Debtor elects to seek confirmation of , and succeeds in obtaining under Bankruptcy Code S 1129 (b) an order confirming, a Plan of Reorganization that includes the Surviving Obligations.
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Cancellation of Letter Agreement. Subject to the consummation of the Merger Hunt xxxees that the Letter Agreement is terminated without any other action on the part of the parties to such agreement. Subject to the consummation of the Merger, Hunt xxxther agrees that Intervisual shall have no obligation for any commissions or royalties payable by Intervisual under the Letter Agreement attributable to periods after October 1, 1997.
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Related to Cancellation of Letter Agreement

  • Cancellation of Agreement In the event that prior to the Closing Date (a) trading in securities on the New York Stock Exchange generally, or in securities of the Bank in particular, shall have been suspended, or minimum prices established by the New York Stock Exchange, or any new restrictions on transactions in securities shall have been established by the New York Stock Exchange or by the Commission or by any other United States Federal or State agency or by any action of the United States Congress or by executive order to such a degree as, in your judgment as the Representatives, to affect materially and adversely the marketing of the Securities or (b) existing financial, political or economic conditions in Europe, the United States or elsewhere shall have undergone any change which, in your judgment as the Representatives, would materially and adversely affect the market for the Securities, this Agreement and all obligations of the Underwriters hereunder may be canceled at, or at any time prior to, the Closing Date by you, as the Representatives, without liability on the part of any Underwriter to the Bank or of the Bank to any Underwriter, subject to Section 11(e). Notice of such cancellation shall be given to the Bank in writing, or by cable or telephone confirmed in writing.

  • Letter Agreement The Company shall have entered into the Letter Agreement on terms satisfactory to the Company.

  • Cancellation Amendment The Transfer Agent shall use reasonable efforts to act on all authorized requests to cancel or amend payment orders received in compliance with the Security Procedure provided that such requests are received in a timely manner affording the Transfer Agent reasonable opportunity to act. However, the Transfer Agent assumes no liability if the request for amendment or cancellation cannot be satisfied.

  • Termination of License Agreement Without limiting the generality of the foregoing, in the event that the License Agreement is terminated in accordance with its terms, this Agreement, including without limitation any Purchase Order(s) or Project Work Orders then-in-effect, shall automatically terminate in its entirety as of the effective date of termination of the License Agreement.

  • Complete Agreement; Modification of Agreement This Agreement constitutes the complete agreement among the parties hereto with respect to the subject matter hereof, supersedes all prior agreements and understandings relating to the subject matter hereof, and may not be modified, altered or amended except as set forth in Section 8.6.

  • Letter Agreements The Company shall not take any action or omit to take any action which would cause a breach of any of the Letter Agreements executed and will not allow any amendments to, or waivers of, such Letter Agreements without the prior written consent of the Representative.

  • Entire Agreement; Modification of Agreement Except as otherwise expressly noted herein, this Agreement constitutes the entire understanding of the parties and supersedes all prior discussions, understandings, and agreements of every nature between them relating to the matters addressed herein. Accordingly, no representation, promise, or inducement not included or incorporated by reference in this Agreement shall be binding upon the parties. Employee affirms that the only consideration for the signing of this Agreement are the terms set forth above and that no other promises or assurances of any kind have been made to him by the Bank or any other entity or person as an inducement for him to sign this Agreement. This Agreement may not be changed orally, but only by an agreement in writing signed by the parties or their respective heirs, legal representatives, successors, and assigns.

  • Terms of Agreement In consideration of the mutual representations, warranties, covenants and agreements contained herein, the parties hereto agree as follows:

  • Amendment of Agreement This Agreement may be amended only by written agreement of the Adviser and the Sub-Adviser and only in accordance with the provisions of the 1940 Act and the rules and regulations promulgated thereunder.

  • Termination Agreement 8.01 Notwithstanding any other provision of this Agreement, WESTERN, at its sole option, may terminate either a Purchase Order or this Agreement at any time by giving fourteen (14) days written notice to CONSULTANT, whether or not a Purchase Order has been issued to CONSULTANT.

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