Non-Completion Sample Clauses
A Non-Completion clause defines the consequences and procedures if a party fails to complete their contractual obligations by a specified deadline. Typically, this clause outlines what constitutes non-completion, such as missing a delivery date or failing to perform agreed services, and may specify remedies like penalties, extensions, or the right for the other party to terminate the agreement. Its core practical function is to allocate risk and provide a clear framework for addressing delays or failures, thereby protecting both parties from uncertainty and potential losses.
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Non-Completion. If the Drag-Along Sale has not been completed by the earlier of:
(a) the date which is 120 Business Days following the date of the Drag-Along Notice (or, where any anti-trust, regulatory or other third party conditions are required to be satisfied before the Drag-Along Sale can be completed, by the long-stop date for the satisfaction of such conditions in the Drag-Along Sale documentation (as agreed between the Drag Triggering Sellers and the Drag Transferee)); and
(b) the date on which the Drag Triggering Sellers send a written notice to the Dragged Security Holders that the Drag-Along Sale will not be completed, the Drag-Along Notice shall cease to be of effect and each Dragged Security Holder shall be irrevocably released from such obligations under the Drag-Along Notice and the rights of the Drag Triggering Sellers pursuant to this Part 2 of Schedule 4 shall be reinstated. This Deed is made on [•] Between:
(1) [•], a [company] incorporated in [•] with registered number [•], and whose registered office is at [•] (the “Company”); and
(2) [Name], of [•] (the “Subscriber”), and is Supplemental to a shareholders’ agreement dated [•] and made between, inter alias, the Security Holders and the Company (each as defined therein) as from time to time amended, varied, novated, supplemented or adhered to (the “Principal Agreement”).
Non-Completion. If the Tag-Along Sale is not completed within the period set out in paragraph 3.1(b) above, the Tag Triggering Sellers shall promptly return to the Tagging Security Holder all documents (if any) previously delivered in respect of the Tag-Along Sale, and all the restrictions on Transfer contained in this Agreement with respect to Securities held or owned by the Tag Triggering Sellers and such Tagging Security Holder shall again be in effect.
Non-Completion. The Chargor warrants and represents that it has not taken or received and undertakes not to take or receive the benefit of any security (from the Borrowers or any other person) extending to its liabilities under this security.
Non-Completion. Notwithstanding the other provisions of this Clause 15 or any Fee Letter, if the Closing Date does not occur then none of the fees referred to in this Clause 15 shall be payable.
Non-Completion of the Agreement
Non-Completion. In the event the Combination Agreement is terminated with the result that the Transaction is not completed, the rights and benefits and obligations and responsibilities of Coors, Callco and Exchangeco contained in this Agreement shall automatically and without further action of the parties hereto terminate as of the same date as the termination of the Combination Agreement. Coors shall have no right to enforce any such rights and benefits thereafter and this Agreement shall be read as if Coors, Callco and Exchangeco were not parties to the Agreement. Coors, Callco and Exchangeco shall have no liabilities in connection with this Agreement and shall maintain the benefit of the release of any indemnity for any costs incurred.
Non-Completion for any reason Completion has not occurred by 31st December, 2000;
Non-Completion. GAFMC does not intend to interfere with any former employee's employment opportunities unless there is a conflict with GAFMC's legitimate business interests. In order to help protect those interests, while employed by GAFMC and for twelve (12) months (the "Restricted Period") after my employment is terminated (i) by me or (ii) by the Company for cause, I agree not to become engaged, directly or indirectly, as an employee, consultant or otherwise, for any Competitive Organization in any management, executive, sales and marketing, research and development or operations position. I may accept such an engagement with a Competitive Organization if (i) it is diversified and has well-established, pre-existing, separate and distinct divisions, (ii) I am involved only in that part of the business which is not a Competitive Organization, and (iii) prior to my accepting such an engagement, in any capacity, the Competitive Organization provides GAFMC with written assurances, satisfactory to GAFMC, that I will not, and the Competitive Organization will not cause me to, render services directly or indirectly in connection with any Competitive Product. The running of the Restricted Period shall be stopped or tolled for any period of time following the termination of my GAFMC employment during which I compete with GAFMC in violation of this paragraph 2. As used in this paragraph 2:
Non-Completion. It is understood that if the Resident leaves the Training Program prior to completion for any reason, he/she may only receive credit for length and level of Residency Training at Hospital that is evaluated as satisfactory, and Hospital is obligated to report Resident’s departure from the Training Program to appropriate agencies including the Texas Medical Board.
Non-Completion. If the documents required to be delivered by the Vendor on Completion are not forthcoming for any reason or if in any other respect the provisions of Clause 6 are not fully complied with by the Vendor, the Purchaser shall be entitled to elect to rescind this Agreement or to effect completion so far as practicable having regard to the defaults which have occurred or to fix a new date for completion (not being more than (28) twenty-eight days after the agreed date for Completion).