Common use of Termination by the Seller Clause in Contracts

Termination by the Seller. The Seller may terminate this Agreement if (i) there has been a material violation or breach by Buyer of any of the agreements, representations or warranties contained in this Agreement which has not been waived in writing by the Seller, or (ii) there has been a failure of satisfaction of a condition to the obligations of the Seller which has not been so waived, or (iii) Buyer shall have attempted to terminate this Agreement under this ARTICLE 13 or otherwise without grounds to do so, then the Seller may, by written notice to Buyer at any time prior to the closing that such violation, breach, failure or wrongful termination attempt is continuing, terminate this Agreement with the effect set forth in SECTION 13.2.(C) hereof.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Outback Steakhouse Inc), Asset Purchase Agreement (Outback Steakhouse Inc), Asset Purchase Agreement (Outback Steakhouse Inc)

AutoNDA by SimpleDocs

Termination by the Seller. The Seller may terminate this Agreement if If (i) there has been a material violation or breach by the Buyer of any of the agreements, representations or warranties contained in this Agreement which has not been waived in writing by the Seller, or (ii) there has been a failure of satisfaction of a condition to the obligations of the Seller which has not been so waived, or (iii) the Buyer shall have attempted to terminate this Agreement under this ARTICLE 13 Section 9 or otherwise without grounds to do so, then the Seller may, by written notice to the Buyer at any time prior to the closing Closing that such violation, breach, failure or wrongful termination attempt is continuing, terminate this Agreement with the effect set forth in SECTION 13.2.(CSection 9.3(c) hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Microsemi Corp)

AutoNDA by SimpleDocs

Termination by the Seller. The Seller may terminate this Agreement if (i) there has been a material violation or breach by Buyer or the Company of any of the agreements, representations or warranties contained in this Agreement which has not been waived in writing by the Seller, or (ii) there has been a failure of satisfaction of a condition to the obligations of the Seller which has not been so waived, or (iii) Buyer or the Company shall have attempted to terminate this Agreement under this ARTICLE Article 13 or otherwise without grounds to do so, then the Seller may, by written notice to Buyer at any time prior to the closing that such violation, breach, failure or wrongful termination attempt is continuing, terminate this Agreement with the effect set forth in SECTION 13.2.(CSection 13.2.(c) hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Outback Steakhouse Inc)

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