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 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
Sources: Option to Purchase Employee/Customer Base (Biolynx Com Inc), Option to Purchase Stock Agreement (Biolynx Com Inc), Option to Purchase Stock Agreement (Biolynx Com Inc)
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 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
Sources: Option to Purchase Agreement (Biolynx Com Inc), Option to Purchase Stock Agreement (Biolynx Com Inc), Stock Purchase Agreement (Simonds Industries Inc)
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
Sources: Share Exchange Agreement (Everlert Inc), Share Exchange Agreement (Everlert Inc), Share Exchange Agreement (Everlert Inc)
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 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
Sources: Stock Purchase Agreement (Utah Medical Products Inc), Stock Purchase Agreement (Praegitzer Industries Inc), Stock Purchase Agreement (United Grocers Inc /Or/)
Termination Procedure. Any party having the desiring to exercise its right to terminate this --------------------- Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement 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
Sources: Asset Purchase Agreement (Medical Transcription Billing, Corp), Asset Purchase Agreement (Medical Transcription Billing, Corp), Asset Purchase Agreement (AgFeed Industries, Inc.)
Termination Procedure. Any party having the right to terminate this --------------------- Agreement due pursuant to a failure of a condition precedent contained in Sections 7 Section 11.1 or 8 hereto 11.2 may terminate this Agreement 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
Sources: Merger Agreement (Netivation Inc), Merger Agreement (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 or 8 hereto may terminate this Agreement 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
Sources: Stock Purchase Agreement (Katz David), Stock Purchase Agreement (Katz David)
Termination Procedure. Any A party having the right intending to terminate this Agreement --------------------- Agreement due shall first notify the other party of the grounds for the intended termination. In the event the other party fails to a failure remedy such grounds for termination within thirty (30) days after the date of a condition precedent contained in Sections 7 or 8 hereto such notice, then the terminating party may terminate this Agreement by delivering effective immediately upon notice to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of the need for any partyjudicial action.
Appears in 2 contracts
Sources: Component Supply Agreement (Delco Remy International Inc), Component Supply Agreement (Delco Remy International Inc)
Termination Procedure. Any A party having the right intending to terminate this Agreement --------------------- Agreement due under Section 4.1 (ii) or (iv) above shall first notify the other party in writing of the grounds for the intended termination. In the event the other party fails to a failure remedy such grounds for termination within ninety (90) days after the date of a condition precedent contained in Sections 7 or 8 hereto receipt of such notice, then the terminating party may terminate this Agreement by delivering effective immediately upon written notice to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of the need for any partyjudicial action.
Appears in 2 contracts
Sources: Distribution Agreement (Delco Remy International Inc), Distribution Agreement (Delco Remy International Inc)
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 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
Sources: Securities Purchase Agreement (Healthextras Inc), Securities Purchase Agreement (Healthextras Inc)
Termination Procedure. Any A party having the right intending to terminate this --------------------- Agreement due shall ---------------------- first notify the other party of the grounds for the intended termination. In the event the other party fails to a failure remedy such grounds for termination within thirty (30) days after the date of a condition precedent contained in Sections 7 or 8 hereto such notice, then the terminating party may terminate this Agreement by delivering effective immediately upon notice to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of the need for any partyjudicial action.
Appears in 2 contracts
Sources: Component Supply Agreement (Delco Remy International Inc), Component Supply Agreement (Delco Remy International Inc)
Termination Procedure. Any party having the a right to terminate this --------------------- Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement 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
Sources: Stock Purchase Agreement (Protection One Inc), Stock Purchase Agreement (Protection One 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 or 8 hereto may 7 8 terminate this Agreement 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
Sources: Stock Purchase Agreement (Healthmed Inc), Stock Purchase Agreement (Healthmed Inc)
Termination Procedure. Any party having the right to terminate this --------------------- Agreement due to a failure of a condition precedent contained in Sections 7 or 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
Sources: 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 9, 10, or 8 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
Termination Procedure. Any party having the right to terminate this --------------------- ---------------------- Agreement due to a failure of a condition precedent contained in Sections 7 or 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
Termination Procedure. Any A party having the right intending to terminate this --------------------- Agreement due shall first notify the other party of the grounds for the intended termination. In the event the other party fails to a failure of a condition precedent contained in Sections 7 or 8 hereto remedy such grounds for termination within ninety days after such notice, then the terminating party may terminate this Agreement by delivering effective immediately upon notice 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
Sources: Trademark License Agreement (Residential Funding Corp)
Termination Procedure. Any party having the right The Party entitled to terminate this --------------------- Agreement due to a failure either on account of a condition precedent contained in Sections 7 Force Majeure Event or 8 hereto may terminate on account of a Fundamental Breach of this Agreement shall do so by delivering issue of a Termination Notice to the other party written notice Party and simultaneously deliver a copy thereof to the PPCB and GoP and at the expiry of termination, and thereuponthe Termination Period, this Agreement will be terminated without obligation or liability of any partyshall stand terminated.
Appears in 1 contract
Sources: Design, Build and Operate Agreement