Common use of Termination by Sellers Clause in Contracts

Termination by Sellers. In the event any of the conditions contained in Section 8.2 are not fully and completely satisfied as of the Closing Date, and the conditions shall not have been expressly waived in writing by Sellers, this Agreement shall terminate upon notice by Sellers to Purchasers. In addition, Sellers shall have the right to terminate this Agreement (a) In the event of termination of the ISG Purchase Agreement and/or (b) as provided in Section 6.15, above.

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Fusion Telecommunications International Inc)

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Termination by Sellers. In the event any of the conditions contained in Section 8.2 are not fully and completely satisfied as of the Closing Date, and the conditions shall not have been expressly waived in writing by Sellers, this Agreement shall terminate upon notice by Sellers to Purchasers. In addition, Sellers shall have the right to terminate this Agreement (a) In in the event of termination of the ISG NBS Purchase Agreement and/or (b) as provided in Section 6.15, above.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Fusion Telecommunications International Inc)

Termination by Sellers. (a) In the event any of the conditions contained in Section 8.2 are not fully and completely satisfied as of the Outside Closing Date, or if satisfaction of any such condition by the Outside Closing Date is or becomes impossible (other than through the failure of Sellers to comply with their obligations under this Agreement), and the conditions shall not have been expressly waived in writing by SellersSellers on or before the Outside Closing Date, this Agreement shall terminate upon written notice by Sellers to Purchasers. In addition, Sellers shall have the right to terminate this Agreement (a) In the event of termination of the ISG Purchase Agreement and/or (b) as provided in Section 6.15, aboveBuyers.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Fusion Telecommunications International Inc)

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Termination by Sellers. In the event any of the conditions contained in Section 8.2 9.2(a) are not fully and completely satisfied as of the Closing Outside Date, and the conditions shall not have been expressly waived in writing by Sellers, this Agreement shall terminate upon notice by Sellers to PurchasersBuyer. In addition, Sellers shall have the right to terminate this Agreement (a) In the event of termination of the ISG Purchase Agreement and/or (b) as provided in Section 6.15, 6.12 above.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Fusion Telecommunications International Inc)

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