Common use of Termination Election Clause in Contracts

Termination Election. Purchaser shall not have given notice to Seller of it election to terminate this Agreement with respect to such Operating Residence pursuant to Sections 5.A, 12.B, 12.C, 16.A, 16.B, Seller shall not have given notice to Purchaser pursuant to Section 14.C and neither party shall have given notice of termination pursuant to Sections 18, 20, 21, 22 or 23 hereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Alternative Living Services Inc)

Termination Election. Purchaser shall not have given notice to Seller of it election to terminate this Agreement with respect to such Operating Construction Residence pursuant to Sections 5.A5.A., 12.B12.B., 12.C12.C., 16.A, 16.B, Seller shall not have given notice to Purchaser pursuant to Section 14.C and neither party shall have given notice of termination pursuant to Sections 18, 20, 21, 22 22, 23 or 23 24 hereof.

Appears in 1 contract

Sources: Agreement of Purchase and Sale (Alternative Living Services Inc)