Common use of Termination by Sellers Clause in Contracts

Termination by Sellers. This Agreement may be terminated by Sellers, if Sellers are not then in material default, upon written notice to Buyers, upon the occurrence of any of the following:

Appears in 2 contracts

Sources: Asset Purchase Agreement (Acme Intermediate Holdings LLC), Asset Purchase Agreement (Paxson Communications Corp)

Termination by Sellers. This Agreement may be terminated by Sellers, if Sellers are not then in material default, upon written notice to BuyersBuyer, upon the occurrence of any of the following:

Appears in 2 contracts

Sources: Asset Purchase Agreement (Shop at Home Inc /Tn/), Asset Purchase Agreement (Paxson Communications Corp)

Termination by Sellers. This Agreement may be terminated by SellersSellers and the purchase and sale of the Assets, the Shares, and the Options abandoned, if Sellers are not then in material defaultdefault under this Agreement, upon written notice to BuyersBuyer, upon the occurrence of any of the following:

Appears in 2 contracts

Sources: Asset and Stock Purchase Agreement (Quantum Direct Corp), Asset and Stock Purchase Agreement (Paxson Communications Corp)

Termination by Sellers. This Agreement may be terminated by Sellers, if Sellers and the Company are not then in material default, upon written notice to BuyersBuyer, upon the occurrence of any of the following:

Appears in 1 contract

Sources: Asset Purchase Agreement (Paxson Communications Corp)

Termination by Sellers. This Agreement may be terminated by SellersSellers and the Company, if Sellers and the Company are not then in material default, upon written notice to BuyersBuyer, upon the occurrence of any of the following:

Appears in 1 contract

Sources: Stock Purchase Agreement (Paxson Communications Corp)

Termination by Sellers. This Agreement may be terminated prior to the Closing by the Sellers, if none of the Company nor any of the Sellers are not then in material defaultdefault of any of their representations, warranties or covenants hereunder, upon written notice to BuyersBuyer, which notice must be executed and delivered by both of the Joint Sellers' Representatives to be effective, solely upon the occurrence of any of the following:

Appears in 1 contract

Sources: Limited Liability Company Interest Purchase Agreement (Valuevision Media Inc)