Common use of Non-Termination Clause in Contracts

Non-Termination. Subject to the other provisions of this Agreement that provide a specific right of termination, failure to consummate the Closing on the Closing Date will not result in the termination of this Agreement and will not relieve any Party of any obligation under this Agreement.

Appears in 3 contracts

Sources: Stock Purchase and Transfer Agreement (Pernix Group, Inc.), Stock Purchase and Transfer Agreement (Pernix Group, Inc.), Stock Purchase and Transfer Agreement (Pernix Group, Inc.)