Study Period definition
Examples of Study Period in a sentence
Notwithstanding the foregoing, on or at any time following the expiration of the Study Period, Seller may make a press release or file with the United States Securities Exchange Commission information regarding the Transaction.
If Purchaser does not provide such written notice of termination prior to the expiration of the Study Period, the Deposit shall be non-refundable to Purchaser except as otherwise expressly provided herein.
The Initial Deposit shall be returned to Purchaser if Purchaser, prior to the end of the Study Period, notifies Seller in writing, pursuant to Section 2.4 hereof, that Purchaser is electing to terminate this Agreement.
Purchaser acknowledges that it is waiving its due diligence contingency and its right to terminate this Agreement under the Study Period contemporaneously with the execution of this Agreement, and accordingly, as of the Effective Date, the Deposit shall be non-refundable except as otherwise expressly provided herein.
In the event Seller does not provide the Submission Matters or items specified in Section 2.4(c) prior to the expiration of the Study Period, Purchaser’s sole remedy shall be to terminate this Agreement on or before the expiration of the Study Period.