Effectiveness; Binding Effect. This Agreement shall ----------------------------- become effective as to each party hereto when and only when this Agreement shall have been executed by such party; provided, however, that this Agreement shall -------- ------- be null and void ab initio as to each party hereto in the event that both -- ------ parties hereto shall not have executed this Agreement within five (5) days of the date upon which any party hereto shall have executed this Agreement.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Sandhills Inc), Stock Purchase Agreement (Pantry Inc)
Effectiveness; Binding Effect. This Agreement shall ----------------------------- become effective as to each party hereto when and only when this Agreement shall have been executed by such party; provided, however, that this Agreement shall -------- ------- be null and void ab initio as to each party hereto in the event that both -- ------ all parties hereto shall not have executed this Agreement within five (5) days of the date upon which any party hereto shall have executed this Agreement.
Appears in 1 contract