Examples of appeal proceedings in a sentence
In the event that Vendor elects to defend any Appeal Proceedings and extend the Closing Date to the Extended Closing Date, and the Appeal Proceedings are not settled or otherwise determined by the Extended Closing Date, either the Purchaser or the Vendor may elect to terminate this Agreement by notice in writing to the other Party at any time following the Extended Closing Date and the Purchase Price shall be returned to the Purchaser (together with accrued interest if any).
If, as a result of the Permit Appeal Proceedings, the Assets are Idled, Seller shall provide Buyer with a plan to remedy such condition.
Subject to the Permit Appeal Proceedings, Buyer will not hold necessary environmental Permits, though the Buyer (or its Affiliates) will be entitled or allowed to own and operate the Assets pursuant to environmental Permits held in the name of a Seller or an Affiliate of Seller.
The right to appeal or seek leave to appeal from the Approval and Vesting Order shall have expired with all Appeal Proceedings, if any, having been dismissed, quashed or permanently stayed without further right of appeal or to seek leave of appeal.
In the event Appeal Proceedings are commenced that relate to the ownership of Intellectual Property that, in aggregate, accounts for more than $2,500,000 of the Company's sales in the last fiscal year, the Purchaser shall have the right to terminate this Agreement by notice in writing to the Vendor delivered within Five (5) Business Days of the date the Purchaser receives notice of any Appeal proceedings and the Purchase Price shall be returned to the Purchaser (together with accrued interest if any).