Common use of Long Stop Date Clause in Contracts

Long Stop Date. If any Completion Condition is not satisfied or waived ultimately by 31 March 2017 (the "Long Stop Date") or such later date as may be agreed between the Parties, each of the Parties may, at its sole discretion, in addition to and without prejudice to all other rights and remedies available under this Agreement and by Law, terminate this Agreement by notice to the other Party, provided that a Party may not give such termination notice if it is in material breach of its obligations, covenants and undertakings set out in this Agreement.

Appears in 2 contracts

Sources: Share Swap Agreement, Share Swap Agreement (Asml Holding Nv)

Long Stop Date. If any Completion Condition Closing condition is not satisfied or waived ultimately by 31 March 2017 September 30, 2025 (the "Long Stop Date") or such later date as may be agreed between the Partiesparties to this Agreement, each of the Parties parties may, at its sole discretion, in addition to and without prejudice to all other rights and remedies available under this Agreement and by LawLaws, terminate this Agreement by notice to the other Partyparty, provided that a Party party may not give such termination notice if it is in material breach of its obligations, covenants and undertakings set out in this Agreement.

Appears in 1 contract

Sources: Purchase Agreement (ZW Data Action Technologies Inc.)

Long Stop Date. If any Completion Condition Closing condition is not satisfied or waived ultimately by 31 March 2017 December 31, 2025 (the "Long Stop Date") or such later date as may be agreed between the Partiesparties to this Agreement, each of the Parties parties may, at its sole discretion, in addition to and without prejudice to all other rights and remedies available under this Agreement and by LawLaws, terminate this Agreement by notice to the other Partyparty, provided that a Party party may not give such termination notice if it is in material breach of its obligations, covenants and undertakings set out in this Agreement.

Appears in 1 contract

Sources: Purchase Agreement (ZW Data Action Technologies Inc.)