Common use of Termination at Closing Clause in Contracts

Termination at Closing. If any of the conditions set forth in Section 8 is not satisfied on or before the fifteenth (15th) days after satisfaction of the condition set forth in Section 8.4, then Seller may terminate this Agreement by notifying Buyer on the sixteenth (16th) day after the Closing Date effective the Closing Date. If any of the conditions set forth in Section 9 is not satisfied on or before the fifteenth (15th) day after the satisfaction of the condition set forth in Section 9.5, then Buyer may terminate this Agreement by notifying Seller on the sixteenth (16th) day after Closing Date effective the Closing Date.

Termination at Closing. If any of the conditions set forth in ---------------------- Section 8 is not satisfied on or before the fifteenth (15th15/th/) days after satisfaction of the condition set forth in Section 8.4, then Seller may terminate this Agreement by notifying Buyer on the sixteenth (16th16/th/) day after the Closing Date effective the Closing Date. If any of the conditions set forth in Section 9 is not satisfied on or before the fifteenth (15th15/th/) day after the satisfaction of the condition set forth in Section 9.5, then Buyer may terminate this Agreement by notifying Seller on the sixteenth (16th16/th/) day after Closing Date effective the Closing Date.