Common use of Termination Procedure Clause in Contracts

Termination Procedure. Any party having the right to terminate this Agreement may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.

Appears in 4 contracts

Samples: 2 Share Exchange Agreement (Everlert Inc), 2 Share Exchange Agreement (Everlert Inc), Share Exchange Agreement (Everlert Inc)

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Termination Procedure. Any party having the right to terminate this --------------------- Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.

Appears in 4 contracts

Samples: Purchase Stock Agreement (Biolynx Com Inc), Purchase Stock Agreement (Biolynx Com Inc), Biolynx Com Inc

Termination Procedure. Any party having the desiring to exercise its right to terminate this Agreement may terminate this Agreement prior to Closing by delivering shall deliver to the other party written notice of termination in accordance with Section 13.6, stating with a reasonable degree of specificity the reason relied upon for such termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.

Appears in 3 contracts

Samples: Asset Purchase Agreement (AgFeed Industries, Inc.), Asset Purchase Agreement (Medical Transcription Billing, Corp), Asset Purchase Agreement (Medical Transcription Billing, Corp)

Termination Procedure. Any party having the right to terminate this Agreement may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party in favor of any other party.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Praegitzer Industries Inc), Stock Purchase Agreement (Utah Medical Products Inc), Stock Purchase Agreement (United Grocers Inc /Or/)

Termination Procedure. Any party having In the right to terminate event of the termination of this Agreement may terminate this Agreement prior pursuant to Closing Section 9.1 hereof, written notice thereof shall forthwith be given by delivering the Party so terminating to the other party written notice of terminationParty, and thereupon, this Agreement will be shall terminate without further action by any Party. If this Agreement is terminated without obligation or liability of any party.pursuant to Section 9.1 hereof:

Appears in 2 contracts

Samples: La Libertad Share Purchase Agreement (Yamana Gold Inc), Share Purchase Agreement (Yamana Gold Inc)

Termination Procedure. Any party having the right to terminate this Agreement pursuant to Section 11.1 or 11.2 may terminate this Agreement prior to Closing by delivering to the other party written notice of terminationtermination prior to the Closing, and thereupon, this Agreement will be terminated without obligation or liability of any party.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Netivation Inc), Agreement and Plan of Merger (Netivation Inc)

Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 6 or 7 hereto may 7 8 terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Healthmed Inc), Exhibit 2 Stock Purchase Agreement (Healthmed Inc)

Termination Procedure. Any party having the right to terminate this Agreement may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any partyparty except as otherwise provided herein.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Healthextras Inc), Securities Purchase Agreement (Healthextras Inc)

Termination Procedure. Any party having the a right to terminate this Agreement may terminate this Agreement prior to Closing by delivering to the other party parties written notice of the termination, and thereupon, this Agreement will shall be terminated without obligation or liability of any party in favor of any other party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Protection One Inc), Stock Purchase Agreement (Protection One Inc)

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Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 6 or 7 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Katz David), Stock Purchase Agreement (Katz David)

Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 and 8 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party, except as set forth in the Escrow Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nostrad Telecommunications Inc)

Termination Procedure. Any party having the right to terminate this ---------------------- Agreement due to a failure of a condition precedent contained in Sections 7 and 8 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party, except as set forth in the Escrow Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Security Biometrics Inc)

Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 9, 10, or 11 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.

Appears in 1 contract

Samples: Exhibit 2 Agreement and Plan of Merger (Security Biometrics Inc)

Termination Procedure. Any party having the Each Party has a right to terminate this the Agreement may terminate this Agreement prior to Closing by delivering to if the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.Party materially has breached the Agreement. Termination immediately takes effect if:

Appears in 1 contract

Samples: Consulting and Services Agreement (Valley Forge Composite Technologies, Inc.)

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