Outside Date Clause Samples
The Outside Date clause sets a specific deadline by which certain contractual obligations, such as closing a transaction or completing a project, must be fulfilled. If the required actions are not completed by this date, either party may have the right to terminate the agreement without penalty. This clause provides a clear endpoint to negotiations or performance periods, ensuring that neither party is indefinitely bound to the contract if delays occur, thereby managing risk and promoting timely completion.
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Outside Date. This Agreement may be terminated by either party (a) if the Closing shall not have occurred by July 1, 2000 (the "Outside Date") or (b) if one or more conditions to such party's obligation to consummate the transactions contemplated hereby cannot be satisfied by the Outside Date; provided, however, that no party may exercise its rights under this Section 6.1.3 if such party is in material breach or default under this Agreement.
Outside Date. Except as otherwise agreed by the parties hereto, all of the fore going conditions shall have been satisfied or waived on or before 5:00 p.m. E.D.T. on June 30, 1997 (the "Outside Date").
Outside Date. If Landlord does not tender possession of the Premises to Tenant on or before March 1, 2015 (the “Outside Date”), then except as provided in Section 2.1 above, the sole remedy of Tenant for such failure shall be the right to deliver a notice to Landlord (a “Termination Notice”) electing to terminate this Lease effective upon the date occurring five (5) business days following receipt by Landlord of the Termination Notice (the “Effective Date”). The Termination Notice must be delivered by Tenant to Landlord, if at all, not earlier than the Outside Date (as the same may be extended pursuant to the terms of Section 2.2.3, below) nor later than ten (10) business days after the Outside Date. The effectiveness of any such Termination Notice delivered by Tenant to Landlord shall be governed by the terms of this Section 2.2.
Outside Date. 75 Parent...................................................................................................1
Outside Date. If the Restructuring does not occur by the one-year anniversary of the Execution Date or by such later date as may be agreed by Stonehouse and WSI in writing (the one-year anniversary of the Execution Date or such later date agreed by Stonehouse and WSI referred to herein as the “Outside Date”), then this Agreement will terminate, and each of the Original Agreements will remain in full force and effect and unmodified hereby (including, without limitation, with respect to the accrual of interest without interruption), as if this Agreement had never been entered into.
Outside Date. The Amendment Transactions shall have been consummated not later than April 15, 2007.
Outside Date. If the Closing has not occurred on or before the date that is nine (9) months following the date hereof (the “Outside Date”), then either Party may terminate this Agreement by written notice to the other Party; provided, however, that if the sole cause of the Closing not occurring by the Outside Date is the failure to receive all consents, approvals and authorizations of Governmental Authorities required to consummate the transactions contemplated hereby by the Outside Date, the Outside Date shall be automatically extended for an additional thirty (30) days; provided, further, that such right to terminate this Agreement shall not be available to a Party if the failure of the Closing to occur before the Outside Date was primarily due to the failure of such Party to perform any of its obligations under this Agreement.
Outside Date. This Agreement may be terminated by Parent alone or by INT'▇.▇▇▇ alone by means of written notice if the Effective Time does not occur on or prior to June 30, 2000; PROVIDED, HOWEVER, that the right to terminate this Agreement pursuant to the preceding clause will not be available to any party whose failure to fulfill any obligation under this Agreement has been a significant cause of, or resulted in, the failure of the Effective Time to occur on or before such date.
Outside Date. The Effective Date shall be on or before the Outside Date.
Outside Date. Section 9.01(b)(ii) of the Merger Agreement is deleted in its entirety and replaced with the following: “(ii) any of the conditions set forth in Section 8.01 or Section 8.02 shall not have been fulfilled by June 30, 2017 (the “Outside Date”), or if it becomes impossible or extremely unlikely for any such conditions to be fulfilled by the Outside Date, unless such failure shall be due to the failure of the Royale Parties to perform or comply with any of the covenants, agreements or conditions hereof to be performed or complied with by it prior to the Closing;”
