Common use of Procedure Upon Termination Clause in Contracts

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, pursuant to Section 11.1 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 18 contracts

Samples: Asset Purchase Agreement (Alliance MMA, Inc.), Asset Purchase Agreement (Alliance MMA, Inc.), Asset Purchase Agreement (Alliance MMA, Inc.)

AutoNDA by SimpleDocs

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 16 contracts

Samples: Stock Purchase Agreement (Thomas Equipment, Inc.), Stock Purchase Agreement (Omnireliant Holdings, Inc.), Stock Purchase Agreement (Zysblat Robert)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Sellers, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 9 contracts

Samples: Stock Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (WPCS International Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or SellerSellers, or both, pursuant to Section 11.1 13.1 hereof, except as provided in Section 13.1(f)(in which case no notice shall be required), written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Subject Assets hereunder shall be abandoned, without further action by Buyer or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the sameSellers.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Cal Dive International Inc), Asset Purchase Agreement (Cal Dive International Inc), Asset Purchase Agreement (Cal Dive International Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Parent or the Seller, or both, pursuant to Section 11.1 2.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer the Parent or the Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Ventures National Inc), Asset Purchase Agreement (Roo Group Inc), Asset Purchase Agreement (Tech Laboratories Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, pursuant to Section 11.1 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Copyrights in the Fight Library hereunder shall be abandoned, without further action by Buyer or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 4 contracts

Samples: Fight Library Copyright Purchase Agreement (Alliance MMA, Inc.), Fight Library Copyright Purchase Agreement (Alliance MMA, Inc.), Fight Library Copyright Purchase Agreement (Alliance MMA, Inc.)

Procedure Upon Termination. In the event of termination and abandonment an election to terminate by Buyer Purchaser or SellerSellers, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party shall redeliver return to the other party all documents, work papers and other material of any such other party furnished to it by such other party and in its possession and relating to the transactions contemplated hereby, whether so obtained before or after the execution date hereof, to the party furnishing the same.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (American Real Estate Partners L P), Asset Purchase Agreement (Westpoint Stevens Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or Seller, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or Seller. If this Agreement is terminated as provided herein each party shall redeliver or destroy all confidential non-public documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Sharper Image Corp), Asset Purchase Agreement, Asset Purchase Agreement (Sharper Image Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Sellers, or both, elect to terminate this Agreement pursuant to Section 11.1 hereof3.2, written notice thereof shall forthwith promptly be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase and sale of the Purchased Shares and Transferred Assets hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any the other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 3 contracts

Samples: Purchase Agreement (Regal Beloit Corp), Purchase Agreement (Tecumseh Products Co), Purchase Agreement (Tecumseh Products Co)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Sellers, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Securities hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Axcess Medical Imaging Corp), Securities Purchase Agreement (Heartland, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerSellers, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party Party shall redeliver all documents, work papers and other material of any other party Party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party Party furnishing the same.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Foot Locker Inc), Asset Purchase Agreement (Footstar Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerSellers, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Xanodyne Pharmaceuticals Inc), Asset Purchase Agreement (Aaipharma Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Company, or both, pursuant to Section 11.1 2.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Amalgamation hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Company. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Agreement and Plan of Amalgamation (Thomas Equipment, Inc.), Agreement and Plan of Amalgamation (Maxim Mortgage Corp/)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Sellers, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Membership Interests hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Mesa Energy Holdings, Inc.), Membership Interest Purchase Agreement (WPCS International Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or Seller, or both, pursuant to Section 11.1 9.1 hereof, written the terminating party shall forthwith deliver notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Share Sale contemplated hereunder shall be abandoned, without further action by Buyer Purchaser or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Zayo Group LLC), Stock Purchase Agreement (Zayo Group Holdings, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Contract Rights hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Purchase Agreement (Ark Development Inc), Purchase Agreement (Blackbird Petroleum Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerSellers, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party Party shall redeliver all documents, work papers and other material of any other party Party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party Party furnishing the same.

Appears in 2 contracts

Samples: Asset Purchase Agreement (New Century Energy Corp.), Asset Purchase Agreement (New Century Energy Corp.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 2.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Titan Global Holdings, Inc.), Asset Purchase Agreement (Roo Group Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Sellers, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Franklin Capital Corp), Stock Purchase Agreement (Science Dynamics Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Buyers or SellerSellers, or botheach of them, pursuant to Section 11.1 hereof8(a), written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, terminate and the purchase of the Purchased Acquired Assets hereunder shall be abandoned, without further action by Buyer Buyers or SellerSellers. If this Agreement is terminated as provided herein herein, then each party Party shall redeliver all documents, work papers and other material materials of any other party Party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party Party furnishing the same.

Appears in 2 contracts

Samples: Asset and Equity Purchase Agreement (Tronox Inc), Asset and Equity Purchase Agreement (Huntsman International LLC)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Sellerthe Selling Parties, or both, pursuant to Section 11.1 hereof11.01, written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets Subject Interests hereunder shall be abandoned, without further action by Buyer or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the sameSelling Parties.

Appears in 2 contracts

Samples: Purchase Agreement (PostRock Energy Corp), Purchase Agreement (Constellation Energy Group Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerSellers, or both, elect to terminate this Agreement pursuant to Section 11.1 hereof10.1, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase and sale of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Hexacomb CORP), Stock Purchase Agreement (Pactiv Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 3.3 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Stock Purchase Agreement (First Aviation Services Inc), Stock Purchase Agreement (First Aviation Services Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Sellerthe Selling Parties, or both, pursuant to Section 11.1 hereof10.01, written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets Subject Interests hereunder shall be abandoned, without further action by Buyer or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the sameSelling Parties.

Appears in 2 contracts

Samples: Purchase Agreement (Constellation Energy Group Inc), Purchase Agreement (PostRock Energy Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or by Seller, or of both, pursuant to Section 11.1 hereof, written notice thereof shall forthwith be given to the other party or parties, and the transactions contemplated by this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be terminated and/or abandoned, without further action by Buyer or Seller. If the transactions contemplated by this Agreement is are terminated and/or abandoned as provided herein herein, each party shall will redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 2 contracts

Samples: Patent Purchase Agreement (Creative Medical Technology Holdings, Inc.), Asset Purchase Agreement (Supergen Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 2.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Option hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Titan Global Holdings, Inc.)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Buyer the Purchaser or Sellerthe Sellers’ Representative, or both, pursuant to Section 11.1 hereof2.2, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers’ Representative. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material materials of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Brinks Co)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Buyer Purchaser or SellerXxxxxx, or both, pursuant to Section 11.1 4.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer Purchaser, the Sellers or SellerXxxxxx. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (General Motors Corp)

Procedure Upon Termination. In the event of -------------------------- termination and abandonment by Buyer or Seller, or both, of this Agreement pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given by the terminating party to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares and the LP Interests hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Purchase Agreement (Us Check Exchange Lp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerTamtron, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or either Seller. If this Agreement is validly terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Impac Medical Systems Inc)

Procedure Upon Termination. 267671.03 In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Exchange Agreement and Plan of Reorganization (Zulu Energy Corp.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, Seller or both, both pursuant to Section 11.1 hereof10.1 above, written notice thereof shall forthwith be promptly given by the terminating party to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, abandoned without further action by Buyer or SellerSellers. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Reliance Steel & Aluminum Co)

Procedure Upon Termination. In the event of termination and abandonment by the Buyer or Seller, the Seller or both, both pursuant to Section 11.1 hereofabove, written notice thereof shall forthwith be promptly given by the terminating party to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Stock hereunder shall be abandoned, abandoned without further action by the Buyer or SellerTransworld. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: 1 Stock Purchase Agreement (Transworld Healthcare Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerby the Stockholders, or both, pursuant to Section 11.1 hereof9.1, written notice thereof shall forthwith be given to the other party or parties, and the transactions contemplated by this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be terminated and/or abandoned, without further action by Buyer or Sellerthe parties. If the transactions contemplated by this Agreement is are terminated and/or abandoned as provided herein each party shall hereto will redeliver all documents, work papers and other material (and all copies thereof) of any the other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: American Home Mortgage Holdings Inc

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Seacor Smit Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 9.1 hereof, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any the other party relating to the transactions transaction contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Imo Industries Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser, the Company or Sellerthe Sellers, or bothall, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser, the Company or Sellerthe Sellers. If this Agreement is terminated as provided herein each party shall redeliver deliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Digicorp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Owner, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Owner. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (WPCS International Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Sellers, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Seacor Smit Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or Seller, or both, pursuant to Section 11.1 hereof4.4, written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or Seller. If this Agreement is terminated as provided herein herein, each party Party shall redeliver all documents, work papers and other material of any other party Party relating to the transactions contemplated herebyTransactions, whether so obtained before or after the execution hereof, to the party Party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cenveo, Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerby the Principal Stockholders, or both, pursuant to Section 11.1 hereof10.1, written notice thereof shall forthwith be given to the other party or parties, and the transactions contemplated by this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be terminated and/or abandoned, without further action by Buyer or Sellerthe parties. If the transactions contemplated by this Agreement is are terminated and/or abandoned as provided herein each party shall hereto will redeliver all documents, work papers and other material (and all copies thereof) of any the other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Execution Copy (American Home Mortgage Holdings Inc)

Procedure Upon Termination. In the event of -------------------------- termination and abandonment by Buyer or Seller, or both, of this Agreement pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given by the terminating party to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer the Purchaser or SellerCND. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Manor Investment Co Inc)

AutoNDA by SimpleDocs

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Sellerby the Selling Parties, or both, pursuant to Section 11.1 hereof, written notice thereof shall forthwith be given to the other party or parties. Upon termination, and this Agreement shall terminate, and the purchase and sale of the Purchased Assets hereunder shall be abandoned, without further action by Buyer or Sellerthe Selling Parties. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.herein:

Appears in 1 contract

Samples: Asset Purchase Agreement (Nstor Technologies Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the -------------------------- Purchaser or the Seller, or both, pursuant to Section 11.1 4.3 hereof, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, terminate and the Transfers and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material materials of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hughes Electronics Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerSellers, or both, elect to terminate this Agreement pursuant to Section 11.1 hereof3.2, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase and sale of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sensus Metering Systems Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, pursuant to Section 11.1 8.1 hereof, written the terminating Party shall forthwith deliver notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the sale and purchase of the Purchased Acquired Assets hereunder shall be abandoned, without further action by Buyer or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (TigerLogic CORP)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 hereof3.4 of this Agreement, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder under this Agreement shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein above, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated herebyby this Agreement, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Halcyon Jets Holdings, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Sellers, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, and all copies thereof to the party furnishing the same, and shall delete all electronic copies maintained on electronic media.

Appears in 1 contract

Samples: Stock Purchase Agreement (National Investment Managers Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Sellers, or both, elect to terminate this Agreement pursuant to Section 11.1 hereof3.2, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase and sale of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or Sellerthe Sellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tecumseh Products Co)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerSellers, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party Party shall use reasonable efforts to destroy or redeliver all documents, work papers and other material of any other party Party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party Party furnishing the same; and the same shall remain subject to the confidentiality provisions set forth in Section 8.5.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sco Group Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or Seller, or both, Seller pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer Purchaser or Seller. If this Agreement is terminated terminated, as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same, or, promptly following the request of the furnishing party, destroy all such documents, work papers or other materials.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intek Diversified Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, the Purchasers and/or the Selling Stockholders pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchasers or Sellerthe Selling Stockholders. If this Agreement is terminated as provided herein each party shall redeliver return all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Purchase Agreement (Redback Networks Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Zulu Energy Corp.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, pursuant to Section 11.1 4.2 hereof, written notice thereof shall forthwith be given by the Terminating Party to the other party or partiesparty, and this Agreement shall terminate, and the purchase obligations of the Purchased Assets Purchaser to purchase and the Seller to sell the TPC Shares hereunder shall be abandonedterminated, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein herein, each party shall redeliver deliver to the other party all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Triton Energy LTD)

Procedure Upon Termination. In the event of termination and abandonment by the Buyer or Seller, the Seller or both, both pursuant to Section 11.1 hereof10.1 above, written notice thereof shall forthwith be promptly given by the terminating party to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, abandoned without further action by the Buyer or Sellerthe Sellers. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Omega Protein Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Shareholders’ Representative, or both, pursuant to Section 11.1 hereof3.2, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Purchaser, Shareholders’ Representative or Sellerthe Seller Parties. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated herebyTransactions, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Titanium Asset Management Corp)

Procedure Upon Termination. In the event of termination and abandonment -------------------------- by Buyer Purchaser or SellerSellers, or both, pursuant to Section 11.1 4.4 hereof, written notice ----------- thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Agway Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerSellers, or both, pursuant to Section 11.1 hereof4.4, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Station Casinos LLC)

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or the Seller, or both, pursuant to Section 11.1 2.1 hereof, written notice thereof shall forthwith immediately be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer the Purchaser or the Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Kiwibox.Com, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerParent, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerParent. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement

Procedure Upon Termination. In the event of termination and abandonment by Buyer the Purchaser or Sellerthe Members’ Representative, or both, pursuant to Section 11.1 hereof3.2, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Membership Interests hereunder shall be abandoned, without further action by Buyer the Purchaser, Members’ Representative or Sellerthe Seller Parties. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated herebyTransactions, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Titanium Asset Management Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or Seller, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lehman Brothers Holdings Inc)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by the Buyer Parties or Seller, or both, pursuant to Section 11.1 hereof10.01, written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets Subject Interests hereunder shall be abandoned, without further action by the Buyer Parties or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Purchase Agreement (Chesapeake Energy Corp)

Procedure Upon Termination. In the event of termination and abandonment by the Buyer or Sellerthe Owners, or both, pursuant to Section 11.1 2.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Units hereunder shall be abandoned, without further action by the Buyer or Sellerthe Owners. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (TheRetirementSolution.com, Inc.)

Procedure Upon Termination. In the event of termination of this Agreement and the abandonment of the transactions by Buyer Purchaser or Seller, or both, pursuant to Section 11.1 hereofthis Article 10, such party shall give written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer Purchaser or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Financial Industries Corp)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Parent or Sellerthe Target, or both, pursuant to Section 11.1 3.2 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Buyer the Parent or Sellerthe Target. If this Agreement is terminated as provided herein herein, each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Omnireliant Holdings, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by the Buyer or the Seller, or both, pursuant to Section ‎Section 11.1 hereof, written the terminating party shall forthwith deliver notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the sale and purchase of the Purchased Assets Membership Interests hereunder shall be abandoned, without further action by Buyer the Buyer, Parent or the Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Membership Interests Purchase Agreement (Uniti Group Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer Purchaser or SellerSellers, or both, pursuant to Section 11.1 4.4 hereof, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Buyer Purchaser or SellerSellers. If this Agreement is terminated as provided herein each party shall redeliver to the party furnishing the same or destroy all confidential non-public documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Midway Games Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or SellerSeller on the one hand, or bothand/or Buyer, on the other hand, pursuant to Section 11.1 hereof2.1, written notice thereof shall forthwith be given to the other party or parties, and subject to Section 2.3, this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, terminate without further action by Buyer or Seller. If this Agreement is terminated as provided herein each party shall redeliver all documents, work papers and other material of any other party relating to the transactions contemplated hereby, whether so obtained before or after the execution hereof, to the party furnishing the sameparty.

Appears in 1 contract

Samples: Unit Purchase Agreement (Choice Hotels International Inc /De)

Time is Money Join Law Insider Premium to draft better contracts faster.