Common use of Termination Notice Clause in Contracts

Termination Notice. Each notice given by a party to terminate this Agreement shall specify the Subsection of ARTICLE XI pursuant to which such notice is given. If at the time a party gives a termination notice, such party is entitled to give such notice pursuant to more than one Subsection of ARTICLE XI, the Subsection pursuant to which such notice is given and termination is effected shall be deemed to be the section specified in such notice provided that the party giving such notice is at such time entitled to terminate this Agreement pursuant to the specified section.

Appears in 10 contracts

Samples: Purchase and Sale Agreement (Sentio Healthcare Properties Inc), Purchase and Sale Agreement (Sentio Healthcare Properties Inc), Purchase and Sale Agreement (Cornerstone Healthcare Plus Reit, Inc.)

AutoNDA by SimpleDocs

Termination Notice. Each notice given by a party to terminate this Agreement shall specify the Subsection of ARTICLE XI Article 11 pursuant to which such notice is given. If at the time a party gives a termination notice, such party is entitled to give such notice pursuant to more than one Subsection Section of ARTICLE XIArticle 11, the Subsection pursuant to which such notice is given and termination is effected shall be deemed to be the section specified in such notice provided that the party giving such notice is at such time entitled to terminate this Agreement pursuant to the specified section.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Sunrise Assisted Living Inc), Contribution Agreement (Sunrise Assisted Living Inc), Purchase and Sale Agreement (Sunrise Assisted Living Inc)

Termination Notice. Each notice given by a party to terminate this Agreement shall specify the Subsection of ARTICLE Article XI pursuant to which such notice is given. If at the time a party gives a termination notice, such party is entitled to give such notice pursuant to more than one Subsection Section of ARTICLE Article XI, the Subsection pursuant to which such notice is given and termination is effected shall be deemed to be the section specified in such notice notice, provided that the party giving such notice is at such time entitled to terminate this Agreement pursuant to the specified section.

Appears in 2 contracts

Samples: Transaction Agreement (Sunrise Senior Living Inc), Transaction Agreement (Sunrise Assisted Living Inc)

Termination Notice. Each notice given by a party to terminate this Agreement shall specify the Subsection of ARTICLE Article XI pursuant to which such notice is given. If at the time a party gives a termination notice, such party is entitled to give such notice pursuant to more than one Subsection Section of ARTICLE XI, Article XI the Subsection pursuant to which such notice is given and termination is effected shall be deemed to be the section specified in such notice provided that the party giving such notice is at such time entitled to terminate this Agreement pursuant to the specified section.

Appears in 2 contracts

Samples: Transaction Agreement (Sunrise Assisted Living Inc), Transaction Agreement (Sunrise Assisted Living Inc)

Termination Notice. Each notice given by a party to terminate this Agreement shall specify the Subsection Section of this ARTICLE XI pursuant to which such notice is given. If at the time a party gives a termination notice, such party is entitled to give such notice pursuant to more than one Subsection Section of this ARTICLE XI, the Subsection Section pursuant to which such notice is given and termination is effected shall be deemed to be the section Section specified in such notice provided that the party giving such notice is at such time entitled to terminate this Agreement pursuant to the specified sectionSection.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cornerstone Healthcare Plus Reit, Inc.)

AutoNDA by SimpleDocs

Termination Notice. Each notice given by a party to terminate this Agreement shall specify the Subsection Section of ARTICLE XI Article X pursuant to which such notice is given. If at the time a party gives a termination notice, such party is entitled to give such notice pursuant to more than one Subsection Section of ARTICLE XIArticle X, the Subsection Section pursuant to which such notice is given and termination is effected shall be deemed to be the section or sections specified in such notice provided that the party giving such notice is at such time entitled to terminate this Agreement pursuant to the specified section.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sunrise Senior Living Inc)

Termination Notice. Each notice given by a party to terminate this Agreement shall specify the Subsection of ARTICLE XI Article 12 pursuant to which such notice is given. If at the time a party gives a termination notice, such party is entitled to give such notice pursuant to more than one Subsection Section of ARTICLE XIArticle 12, the Subsection pursuant to which such notice is given and termination is effected shall be deemed to be the section specified in such notice provided that the party giving such notice is at such time entitled to terminate this Agreement pursuant to the specified section.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medimmune Inc /De)

Termination Notice. Each notice given by a party to terminate this Agreement shall specify the Subsection of this ARTICLE XI 9 pursuant to which such notice is given. If at the time a party gives a termination notice, such party is entitled to give such notice pursuant to more than one Subsection of ARTICLE XI9, the Subsection pursuant to which such notice is given and termination is effected shall be deemed to be the section specified in such notice provided that the party giving such notice is at such time entitled to terminate this Agreement pursuant to the specified section.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Realty Capital Healthcare Trust II, Inc.)

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