Recission. This Agreement nullifies, rescinds and declares void the Existing Agreement. This Agreement supercedes and is the controlling document for the employment relationship between the parties.
Recission. Notwithstanding anything in this Agreement to the contrary, if the Company has not consummated a Qualified Financing (as such term is defined in the Exchange Warrant) by September 1, 2023, then this Agreement and the transactions contemplated hereby will be terminated, rendered null and void, and the Note and the Original Warrant will remain issued, outstanding, valid and legally binding on the Company.
Recission. Under the market rules, a customer has until midnight of the third federal business day after receipt of the Terms of Service in which to provide notice to TriEagle that customer elects to rescind, without charge or penalty. To rescind this agreement, please contact TriEagle Customer Care at 877- 93-EAGLE [32453] (Toll-free, 8am-7pm Central Time, Monday through Friday). If you would like to rescind and are calling outside of normal business hours, please leave us a message at 877-933- 2453. (Toll-free, 24 hours a day, 7 days a week) or e-mail us at xxxxxxxxxxxx@xxxxxxxxxxxxxx.xxx.
Recission. At any time after any action is taken by the Trustee following the occurrence and continuation of an Event of Default pursuant to Section 10.01 and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Required Noteholder Parties, by written notice to the Issuer and the Trustee, may rescind and annul such declaration and its consequences if:
Recission. Either party may rescind the Agreement at any point of time by giving the other party, at least one month notice in writing of its intention to do so, and is mandatory for both parties of this Agreement. However, the period of notice can be reduced to 15 (fifteen) days or fifteen days salary in lieu thereof by the first party in the following circumstances.
Recission. In connection with an exercise in accordance with sections 3.1 and 3.2 above, if the Company fails to deliver to the Holder a certificate or certificates representing the Warrant Shares or a portion thereof by the fifth Trading Day after the date of exercise, then the Holder will have the right to rescind such exercise.
Recission. If after the Closing the $7 million fee referred to in Section 8.11 of the Purchase Agreement (i) becomes payable and is not irrevocably waived in writing by Buyer or (ii) is paid, the parties hereto shall use their best efforts to (1) unwind and rescind all transactions consummated pursuant hereto, (2) restore the status quo as at immediately prior to the Closing and (3) terminate this Agreement to the extent provisions hereof have not been performed and do not relate to transactions consummated pursuant hereto that are not unwound and rescinded; provided that, in any event, the provisions of Article 4 and Section 12.1(a) (in each case, as modified to reflect the actions referred to in clauses (1) and (2)) and Sections 13.1, 13.2 and 15.8 shall remain in effect, and provided further that such termination shall not relieve any party for Damages resulting from its breach of this Agreement. To the extent that the parties hereto cannot effect any of the actions referred to in clauses (1) and (2) of the preceding sentence, they shall use their best efforts to enter into any reasonable and lawful arrangement designed to put the parties in the same or comparable economic position that they would have been in had such actions been effected.
Recission. In the event that Regulatory Approval is not --------- obtained in connection with the formation of the Partnership, this Agreement and the Contribution Agreement(s) shall be rescinded, and all of the Partners' respective rights and obligations hereunder and thereunder shall be void and terminated as though such agreements were never executed.
Recission. Without prejudice to all other rights and remedies available to the Purchaser, if any of the Vendor Warranties, representations or undertakings on the part of the Vendor, excluding SEEDS Capital Pte Ltd, under this Agreement shall be found by the Purchaser (at its sole discretion) to be untrue or incorrect, the Purchaser shall be entitled by notice in writing to the Vendor, excluding SEEDS Capital Pte Ltd, prior to Completion to rescind and to treat the Vendor, excluding SEEDS Capital Pte Ltd, as having repudiated this Agreement.
Recission. At any time after any Notes have been declared due and payable pursuant to Section 13.1, the holders of not less than 75% in principal amount of the Tranche A Notes then outstanding, by written notice to the Company, may rescind and annul any such declaration and its consequences if (a) the Company has paid all overdue interest on such Notes, and all principal on such Notes that is due and payable and is unpaid other than by reason of such declaration, and all interest on such overdue principal, (b) all Events of Default and Defaults, other than non-payment of amounts that have become due solely by reason of such declaration, have been cured or have been waived pursuant to Section 18, and (c) no judgment or decree has been entered for the payment of any monies due pursuant hereto or to the Notes. No rescission and annulment under this Section 13.3 will extend to or affect any subsequent Event of Default or Default or impair any right consequent thereon.”
