Conditions not satisfied Clause Samples

Conditions not satisfied. In the event that the requirements of Sections 15.1(a), 15.1(b), 15.1(c) and 15.1(d) have not been waived or met on or before October 31, 2003, either Party shall have the right to give written notice of termination of the Agreement, and upon delivery of such notice, this Agreement shall terminate and neither Party shall have any rights or obligations hereunder, all to the same effect as if the Parties had never entered into this Agreement.

Conditions not satisfied. If settlement of the Share Exchange Offer does not occur on or before [·] 2013 (or such later date as the Parties may agree) this Agreement shall lapse and be of no further force and effect and no party shall have any claim hereunder against any other party.

Conditions not satisfied. If any of the Conditions (which have not previously been waived by the Parties or, where appropriate, the Party to which it is given) have not been satisfied on or before the Longstop Date then either Party shall have the right to terminate this Agreement on giving written notice to the other Party, in which event the provisions of Clause 7 shall apply unless the Parties agree to postpone the Longstop Date to a date (being a Business Day) to be agreed by the Parties in which case the provisions of this Agreement will apply as if the date set for satisfaction or waiver of the Conditions were the date to which the Longstop Date is so postponed.

Conditions not satisfied. If any of the conditions precedent in clause 3.2 are not satisfied (or not waived under clause 3.4 by the Underwriter) by their respective deadlines (or such later time as agreed by the Underwriter), the Underwriter (in its absolute and unfettered discretion) may by notice to the Issuer terminate this agreement (other than clauses 4, 9.5, 11, 12.2, 12.4, 13, 14 and 15, and except for the enforcement of any right or claim which arises on this agreement ending or has arisen before termination of the agreement) at any time.

Conditions not satisfied. (1) Loraca may terminate this Agreement if any of the conditions in Section 8.1 have not been satisfied as of the Closing Date or if satisfaction of such a condition is or becomes impossible (other than through the failure of Loraca to comply with its obligations under this Agreement) and Loraca has not waived such condition at or prior to the Closing. (2) Shareholders may terminate this Agreement if any of the conditions in Section 8.2 have not been satisfied as of the Closing Date or if satisfaction of such a condition is or becomes impossible (other than through the failure of the Shareholders to comply with their obligations under this Agreement) and Shareholders have not waived such condition at or prior to the Closing.

Conditions not satisfied. If any of the Conditions (which has not previously been waived by the Purchaser in accordance with Clause 4.4) has not been fulfilled on or before the Longstop Date, or if all Conditions have been satisfied or waived (as the case may be) on or before the Longstop Date but any of them become(s) unsatisfied during the period pending Completion (which is/are not then waived by the Purchaser in accordance with Clause 4.4), this Agreement shall be automatically terminated on the Longstop Date or (as the case may be) the relevant date on which any Condition(s) become(s) unsatisfied subsequent to the Longstop Date (in either event the provisions of Clause 9 shall apply).

Conditions not satisfied. If any of the conditions precedent in clauses 2.1 are not satisfied (or waived by the Lead Manager) by their respective deadlines, the Lead Manager (in its absolute, unfettered and sole discretion) may terminate this agreement by written notice to the Company.

Conditions not satisfied. (1) Imagine may terminate this Agreement if any of the conditions in Section 7.1 have not been satisfied as of the Closing Date or if satisfaction of such a condition is or becomes impossible (other than through the failure of Imagine to comply with its obligations under this Agreement) and Imagine has not waived such condition at or prior to the Closing. (2) The Riverside Parties (by their unanimous vote) may terminate this Agreement if any of the conditions in Section 7.2 have not been satisfied as of the Closing Date or if satisfaction of such a condition is or becomes impossible (other than through the failure of any of the Riverside Parties to comply with their obligations under this Agreement) and such condition has not been waived at or prior to the Closing.

Conditions not satisfied. If any Condition is not satisfied or waived by the applicable due date, or in the case of the Conditions in clause 4.1(b) if at any time prior to Completion of the Rail Network Transfer either of those Conditions is no longer satisfied, (and the breach of the Condition has not been waived), then either the Crown or Tranz Rail (in respect of the Condition in clause 4.1(a)) or the Crown (in respect of the Conditions in clauses 4.1(b), (c) or (d)) may (if it has complied with its obligations under clause 4.4) terminate this Agreement by 24 hours notice in writing to the other party. Notwithstanding the foregoing, Toll shall not be entitled to terminate this Agreement in respect of the Condition in clause 4.1(a) if Toll holds or controls 90% or more of the voting rights in TRH.