Common use of Termination Effect of Termination Clause in Contracts

Termination Effect of Termination. (a) Anything contained herein to the contrary notwithstanding, this Agreement shall be terminated and the transactions contemplated hereby abandoned and all outstanding Shares, if any, forfeited if at any time prior to the Closing Date the Merger Agreement is terminated for any reason.

Appears in 2 contracts

Samples: Restricted Share Grant and Shareholders' Agreement (Usa Interactive), Restricted Share Grant and Shareholders' Agreement (Interactivecorp)

AutoNDA by SimpleDocs

Termination Effect of Termination. (a) Anything contained herein This Agreement will terminate automatically and without further action of the Parties upon the earlier to occur of (i) the contrary notwithstanding, this termination of the Transaction Agreement shall be terminated in accordance with its terms and (ii) the transactions contemplated hereby abandoned and all outstanding Shares, if any, forfeited if at any time prior to the Closing Date the Merger Agreement is terminated for any reasonEffective Time.

Appears in 2 contracts

Samples: Transaction Agreement (Bespoke Capital Acquisition Corp), Founder Support Agreement (Bespoke Capital Acquisition Corp)

Termination Effect of Termination. (a) Anything contained herein to the contrary notwithstanding, this This Agreement shall be terminated and terminate automatically in the transactions contemplated hereby abandoned and all outstanding Shares, if any, forfeited if at any time prior to the Closing Date event that either (i) the Merger Agreement is terminated for any reasonin accordance with the terms thereof, upon such termination, or (ii) the Merger is consummated, upon the Effective Time.

Appears in 2 contracts

Samples: Trust Voting Agreement (Manville Personal Injury Settlement Trust), Trust Voting Agreement (Johns Manville Corp /New/)

Termination Effect of Termination. (a) Anything contained herein to This Agreement will terminate automatically and without further action of the contrary notwithstanding, this Parties upon the termination of the Transaction Agreement shall be terminated in accordance with its terms. Section β€Ž1 and Section β€Ž2 will terminate automatically and without further action of the transactions contemplated hereby abandoned and all outstanding Shares, if any, forfeited if at any time prior to Parties upon the Closing Date the Merger Agreement is terminated for any reasonEffective Time.

Appears in 1 contract

Samples: Transaction Agreement (Bespoke Capital Acquisition Corp)

AutoNDA by SimpleDocs

Termination Effect of Termination. (a) Anything contained herein to This Agreement will terminate automatically and without further action of the contrary notwithstanding, this Parties upon the termination of the Transaction Agreement shall be terminated in accordance with its terms. Section 1 and Section 2 will terminate automatically and without further action of the transactions contemplated hereby abandoned and all outstanding Shares, if any, forfeited if at any time prior to Parties upon the Closing Date the Merger Agreement is terminated for any reasonEffective Time.

Appears in 1 contract

Samples: Company Support Agreement (Bespoke Capital Acquisition Corp)

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