Common use of Termination by Either the Company or Parent Clause in Contracts

Termination by Either the Company or Parent. This Agreement may be terminated by either the Company or Parent if the Closing is not consummated by the Termination Date (provided that the right to terminate this Agreement under this Section 7.2 will not be available to any party whose failure to fulfill any obligation under this Agreement has been the cause of or resulted in the failure of the Closing to occur on or before such date).

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Source Energy Corp /Ut/), Agreement and Plan of Merger (Cardiff International Inc), Agreement and Plan of Merger (PivX Solutions, Inc.)

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Termination by Either the Company or Parent. This Agreement may be terminated by either the Company or Parent if the Closing is not consummated by the Termination Date January 31, 2001 (provided that the right to terminate this Agreement under this Section 7.2 will not be available to any party whose failure to fulfill any obligation under this Agreement has been the cause of or resulted in the failure of the Closing to occur on or before such date).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entreport Corp)

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Termination by Either the Company or Parent. This Agreement may be terminated by either the Company or Parent if the Closing is not consummated by the Termination Date January 26, 2001 (provided that the right to terminate this Agreement under this Section 7.2 will not be available to any party whose failure to fulfill any obligation under this Agreement has been the cause of or resulted in the failure of the Closing to occur on or before such date).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entreport Corp)

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