Common use of Drop Dead Date Clause in Contracts

Drop Dead Date. By the Buyer (on behalf of the Buyer Parties) or the Seller Representative by written notice to the other at any time after June 30, 2011, if the Closing shall not have taken place on or before such date; provided, however, that the right to terminate this Agreement under this Section 10.1(b) shall not be available to any party whose failure to fulfill any obligation hereunder has been the cause of, or resulted in, the failure of the Closing to occur on or before such date.

Drop Dead Date. By the either Seller or Buyer (on behalf of the Buyer Parties) or the Seller Representative by written notice to the other at any time after June 30, 2011, if the Closing shall does not have taken place occur on or before such datethe close of business on September 30, 2002; provided, however, provided that the right to terminate this Agreement under this Section 10.1(b) shall 10.1.3 will not be available to any party whose action or failure to fulfill any obligation hereunder act has been the a principal cause of, of or resulted in, in the failure of the Closing to occur on or before such datedate and such action or failure to act constitutes breach of this Agreement.