Agreement Null and Void. If the Agreement is declared null and void pursuant to Section 12.4 (Interconnection Requirements Study), Section 12.5 (Prior to Effective Date), Section 12.6 (Time Periods for PUC Submittal Date and PUC Approval), or Section 1(d) (NEP IE Estimate, Liquidated Damages and Seller's Null and Void Right) of said Attachment U (Calculation and Adjustment of Net Energy Potential), the Parties hereto shall thereafter be free of all obligations hereunder except as set forth in this Section 12.7 (Agreement Null and Void) and Section 14.3 (Return of Development Period Security), and shall pursue no further remedies against one another; provided, however, that if in response to Seller's request and Seller's offer of adequate assurance of reimbursement, Company agrees in writing to incur costs associated with Company-Owned Interconnection Facilities prior to the Non-appealable PUC Approval Order Date or completion of the IRS, Seller shall pay Company the actual costs and cost obligations incurred by Company as of the date the Agreement is declared null and void for Company-Owned Interconnection Facilities and any reasonable costs incurred thereafter and Company shall refund to Seller any amounts advanced by Seller in excess of such costs. A declaration that this Agreement is null and void pursuant to Section 12.4 (Interconnection Requirements Study), Section 12.5 (Prior to Effective Date), Section 12.6 (Time Periods for PUC Submittal Date and PUC Approval), or Section 1(d) (NEP IE Estimate, Liquidated Damages and Seller's Null and Void Right) of said Attachment U (Calculation and Adjustment of Net Energy Potential), shall not affect the following provisions, which shall remain in full force and effect: Section 12.2 (Effectiveness of Obligations), this Section 12.7 (Agreement Null and Void), Section 24.2 (Confidentiality), Article 28 (Dispute Resolution), Section 29.3 (Notices), Section 29.8 (Governing Law, Jurisdiction and Venue), Section 29.14 (Settlement of Disputes), Section 29.19 (Computation of Time), Section 29.23 (No Third Party Beneficiaries), Section 29.24 (Hawai‘i General Excise Tax), and Section 7 (Land Restoration) of Attachment G (Company-Owned Interconnection Facilities).
Agreement Null and Void. If the Merger Proposal is not consummated within the time provided in the Merger Agreement, this Agreement shall be null and void as though it had never been made, and neither party shall have any liability to the other.
Agreement Null and Void. THE PARTIES ACKNOWLEDGE THAT THIS AGREEMENT IS NULL AND VOID IF THE TERM EXCEEDS ONE YEAR OR THE FEE EXCEEDS $50,000. ACCEPTED AND AGREED this day of , 20 : MEMBER: LICENSEE: By: By: Name: Name: Title: Title: APPROVAL RECOMMENDED: By: Name: Title: Schedule “A”
Agreement Null and Void. (a) Subject to paragraph (b), if a Condition Precedent is not fulfilled, or waived by each party entitled to the benefit of that Condition Precedent, by 31 March 2007 or a later date agreed in writing by the Vendor and the Purchaser, except for this clause and the Specified Clauses, this Agreement will be null and void and of no effect.
Agreement Null and Void. In the event that Lessee fails to get registration of at least 12 students prior to August 15th, Lessee, may, at its option, declare said Lease to be null and void, in which case each party shall be responsible for any expenses incurred in preparation for said Lease activities.
Agreement Null and Void. The Authority, at its option, after the expiration of the cure period set forth in Section 9.1 of this Agreement, may by Notice to the Bank declare this Agreement to be null and void and of no further force and effect, if the Authority reasonably determines that (i) any material provision of the MIDFA Act has not been complied with (other than noncompliance by the Authority) by virtue of facts or circumstances known to the Bank but not known to the Authority, or (ii) as a result of the default of the Bank, the security for the Borrower’s Letter of Credit Obligations has been materially impaired.
Agreement Null and Void. The Authority, at its option, at the expiration of any cure period set forth in Section 7.1 of this Agreement, may by a Notice to the Lender declare this Agreement to be null and void and of no further force and effect, if the Authority reasonably determines that as a result of the Lender's default, the Security, or any portion thereof, has been materially impaired.
Agreement Null and Void. The parties acknowledge and agree that, in the event that TALISKER does not close the stock purchase transaction referred to in Recital C above by July 11, 2006, this Agreement shall automatically become null and void, provided that any confidentiality and non-disclosure agreements previously entered into by the parties shall remain in full force and effect.
Agreement Null and Void. If on 4 April 2007 at the latest (or on any other date as shall be agreed upon by the Parties), the above condition precedent have not been fulfilled, this Agreement shall lapse and become null and void (except as concerns the confidentiality obligation) and no expenses or damages of any kind shall be due by the Buyer to the Sellers or by the Sellers to the Buyer (other than in case of breach by one of the Parties of its obligations hereunder which results in the Closing failing to take place by such date).
Agreement Null and Void. If this Agreement does not become unconditional on or before 15 September 1998 (or such later day as the Sellers and the Purchaser shall agree), then this Agreement shall be null and void and the parties shall be released from their obligations hereunder. The Sellers and the Purchaser shall use their respective best endeavours to ensure that this Agreement becomes unconditional by such date.
