Common use of Termination by Buyer Clause in Contracts

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply in any material respect with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company with respect to any representation or warranty made by it in this Agreement, or (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably likely to have a Material Adverse Effect.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Diamond Entertainment Corp), Securities Purchase Agreement (Diamond Entertainment Corp), Securities Purchase Agreement (Sac Technologies Inc)

AutoNDA by SimpleDocs

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Funding Date, if (i) the Company shall have failed to comply in any material respect with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company with respect to any representation or warranty made by it in this Agreement, or (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably likely to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Viisage Technology Inc), Securities Purchase Agreement (Viisage Technology Inc), Securities Purchase Agreement (Immune Response Inc)

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply in any material respect with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company with respect to any representation or warranty made by it in this Agreement, or (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably forseeably likely to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Earth Sciences Inc), Securities Purchase Agreement (Compositech LTD), Securities Subscription Agreement (Earth Sciences Inc)

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Initial Funding Date or the Second Funding Date, if (i) the Company shall have failed to comply in any material respect with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company with respect to any representation or warranty made by it in this Agreement, or (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Dynamicweb Enterprises Inc), Securities Purchase Agreement (Dynamicweb Enterprises Inc)

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply in any all material respect respects with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company with respect to any representation or warranty made by it in this Agreement, or (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably likely to have a Material Adverse Effect.or

Appears in 1 contract

Samples: Securities Purchase Agreement (CVF Corp)

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Initial Funding Date, if (i) the Company shall have failed to comply in any material respect with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company with respect to any representation or warranty made by it in this Agreement, Agreement or (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably forseeably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dynamicweb Enterprises Inc)

AutoNDA by SimpleDocs

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply in any material respect with any of its covenants or agreements contained in this Agreement, Agreement or (ii) there shall have been a breach by the Company with respect to any representation or warranty made by it in this Agreement, or (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Adatom Com Inc)

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company and/or ESI shall have failed to comply in any material respect with any of its their covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company and/or ESI with respect to any representation or warranty made by it them in this Agreement, or (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably forseeably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Subscription and Investment Agreement (Ada-Es Inc)

Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply in any material respect with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company with respect to any representation or warranty made by it in this Agreement, or (iii) there the Company shall have occurred any event or development, or there shall be failed to satisfy the conditions set forth in existence any condition, having or reasonably and foreseeably likely to have a Material Adverse EffectArticle X hereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Us Home Systems Inc /Tx)

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