Common use of Termination for Failure to Close Clause in Contracts

Termination for Failure to Close. This Agreement shall be automatically terminated if the Closing shall not have occurred within ten (10) days of the date hereof (except if such 10th day is not a Business Day, then the next Business Day).

Appears in 14 contracts

Samples: Agreement and Plan of Merger (Bib Holdings LTD), Agreement and Plan of Merger (Reality Wireless Networks Inc), Agreement and Plan of Merger (Michelex Corp)

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Termination for Failure to Close. This Agreement shall be automatically -------------------------------- terminated if the Closing shall not have occurred within ten (10) days of the date hereof (except if such 10th day is not a Business Day, then the next Business Day).

Appears in 2 contracts

Samples: Merger Agreement (Delivery Now Corp), Merger Agreement (Delivery Now Corp)

Termination for Failure to Close. This Agreement shall be automatically terminated if the Closing shall not have occurred within ten five (105) days of the date hereof (except if such 10th sixth (6th) day is not a Business Day, then the next Business Day).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Verticalbuyer Inc), Stock Purchase Agreement (Verticalbuyer Inc)

Termination for Failure to Close. This Agreement shall be ------------------------------------ automatically terminated if the Closing shall not have occurred within ten (10) days of the date hereof (except if such 10th day is not a Business Day, then the next Business Day).

Appears in 1 contract

Samples: Merger Agreement (Heritage Worldwide Inc)

Termination for Failure to Close. This Agreement shall be automatically terminated if the Closing shall not have occurred within ten forty-five (1045) days of the date hereof (except if such 10th 45th day is not a Business Day, then the next Business Day).

Appears in 1 contract

Samples: Merger Agreement (Hy Tech Technology Group Inc)

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Termination for Failure to Close. This Agreement shall be automatically terminated if the Closing shall not have occurred within ten thirty (1030) days of the date hereof (except if such 10th 30th day is not a Business Day, then the next Business Day).

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Innova Holdings)

Termination for Failure to Close. This Agreement shall be automatically terminated if the Closing shall not have occurred within ten (10) days of the date hereof (except if such 10th day is not a Business Day, then the next Business Day).. 7.3

Appears in 1 contract

Samples: Agreement and Plan of Merger (Advanced Id Corp)

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