Common use of Time Limitation Clause in Contracts

Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser will be released from his obligations under the written commitment, the Participation Notice will be null and void, and it will be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.1.

Appears in 3 contracts

Samples: Stockholders Agreement (Panther Expedited Services, Inc.), Stockholders Agreement (Panther Expedited Services, Inc.), Stockholders Agreement (Panther Expedited Services, Inc.)

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Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company Issuer has not completed the Issuance, each Participating Purchaser will Buyer shall be released from his all obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 3.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.13.1.

Appears in 2 contracts

Samples: Stockholders Agreement (Michaels Stores Inc), Stockholders Agreement (Michaels Stores Inc)

Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the IssuanceIssuance (for any reason other than the failure by any Participating Buyer to pay the applicable purchase price), each Participating Purchaser will Buyer shall be released from his its obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.1.

Appears in 2 contracts

Samples: Stockholders Agreement (Eschelon Telecom Inc), Stockholders Agreement (Eschelon Telecom Inc)

Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company Issuer has not completed the Issuance, each Participating Purchaser will Buyer shall be released from his obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.1.

Appears in 2 contracts

Samples: Stockholders Agreement (Burlington Coat Factory Investments Holdings, Inc.), Stockholders Agreement (Burlington Coat Factory Investments Holdings, Inc.)

Time Limitation. If If, at the end of the 180th day following the date of the effectiveness of the Participation Notice Notice, the Company has not completed the Issuance, each Participating Purchaser Buyer will be released from his his, her or its obligations under the written commitment, the Participation Notice will be null and void, and it will be necessary for the Company to furnish a separate Participation Notice to be furnishedNotice, and the terms and provisions of this Section 6.1 2.2 separately complied with, in order to consummate such Issuance pursuant to this Section 6.12.2.

Appears in 2 contracts

Samples: Registration and Participation Rights Agreement (Gymboree Corp), Form of Registration and Participation Rights Agreement (Gym-Card, LLC)

Time Limitation. If at the end of the 180th one hundred eightieth (180th) calendar day following the date of the effectiveness delivery of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser Buyer will be released from his his, her or its obligations under the written commitment, the Participation Notice will be null and void, and it will be necessary for a separate Participation Notice to must be furnished, and the terms and provisions of this Section 6.1 5.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.15.1.

Appears in 1 contract

Samples: Stockholders’ Agreement (SolarWinds Corp)

Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser will Investor shall be released from his its obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 2.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.12.1.

Appears in 1 contract

Samples: Stockholders Agreement (Irvine Sensors Corp/De/)

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Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser will Buyer shall be released from his obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 10.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.110.1.

Appears in 1 contract

Samples: Securityholders Agreement (NTK Holdings, Inc.)

Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser will Buyer shall be released from his obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.1.

Appears in 1 contract

Samples: Stockholders Agreement (Transcultural Health Develpment, Inc.)

Time Limitation. If at the end of the 180th one hundred eightieth (180th) calendar day following the date of the effectiveness delivery of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser Buyer will be released from his his, her or its obligations under the written commitment, the Participation Notice will be null and void, and it will be necessary for a separate Participation Notice to must be furnished, and the terms and provisions of this Section 6.1 5.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.15.1. 5.1.3.

Appears in 1 contract

Samples: sec.report

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