Common use of Termination and Survival Clause in Contracts

Termination and Survival. In the event all conditions to Closing set forth in Section 3.3 are not met within ninety (90) days following the Effective Date, Purchaser shall have the right to terminate this agreement by written notice to Seller. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.4, 8.5, and 8.7 will survive any termination.

Appears in 3 contracts

Samples: Patent Purchase Agreement (Semotus Solutions Inc), Patent Purchase Agreement (SpeechSwitch, Inc.), Patent Purchase Agreement (Ivoice, Inc /De)

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Termination and Survival. In the event all conditions to Closing set forth in Section paragraph 3.3 are not met within ninety (90) days following the Effective Date, Purchaser shall will have the right to terminate this agreement Agreement by written notice to Seller. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.4, 8.5, and 8.7 Section 8 will survive any termination.

Appears in 3 contracts

Samples: Patent Purchase Agreement (CUI Global, Inc.), Patent Purchase Agreement (InfoLogix Inc), Patent Purchase Agreement (Wegener Corp)

Termination and Survival. In the event all any of the conditions to Closing set forth in Section paragraph 3.3 are not met within ninety one hundred and fifty (90150) days following the Effective Date, each of Purchaser and Seller may terminate this Agreement by written notice to the other party; provided, however, that Seller shall only have the right to terminate this agreement by written notice Agreement if Seller has complied, in all material respects, with all of its obligations under this Agreement prior to Sellersuch termination. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.4, 8.5, and 8.7 Section 8 will survive any termination.

Appears in 2 contracts

Samples: Patent Purchase Agreement (Vocaltec Communications LTD), Patent Purchase Agreement (Vocaltec Communications LTD)

Termination and Survival. In the event all conditions to Closing set forth in Section paragraph 3.3 are not met within ninety (90) days following the Effective Date, Purchaser shall will have the right to terminate this agreement Agreement by written notice to Seller. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.1, 8.2, 8.3, 8.4, 8.5, 8.6, 8.7, 8.8, 8.9, 8.10, and 8.7 8.11 will survive any termination.

Appears in 2 contracts

Samples: Patent Purchase Agreement, Patent Purchase Agreement (Path 1 Network Technologies Inc)

Termination and Survival. In the event all conditions to Closing set ------------------------ forth in Section 3.3 are not met within ninety (90) days following the Effective Date, Purchaser shall have the right to terminate this agreement by written notice to Seller. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.4, 8.58.6, and 8.7 8.8 will survive any termination.

Appears in 1 contract

Samples: Patent Purchase Agreement (Notify Technology Corp)

Termination and Survival. Purchaser will have the right to terminate this Agreement for any reason or no reason within seven (7) days after the Effective Date. In addition, in the event all conditions to Closing set forth in Section paragraph 3.3 are not met within ninety seventy-five (9075) days following the Effective Date, Purchaser shall either party will have the right to terminate this agreement Agreement by written notice to Sellerthe other party; provided, however, that Seller may only terminate this Agreement pursuant to this paragraph 3.5 if Seller has fully complied in all material respects with its all of its obligations under this Agreement prior to such termination. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.4, 8.5, and 8.7 Section 8 will survive any termination.

Appears in 1 contract

Samples: Patent Purchase Agreement (Avistar Communications Corp)

Termination and Survival. In the event all conditions to Closing set forth in Section paragraph 3.3 are not met within ninety forty-five (9045) days following the Effective Date, each of Seller and Purchaser shall will have the right to terminate this agreement Agreement by written notice to Sellerthe other party. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.1, 8.2, 8.3, 8.4, 8.5, 8.6, 8.7, 8.8, 8.9, 8.10, and 8.7 8.11 will survive any termination.

Appears in 1 contract

Samples: Patent Purchase Agreement (Payment Data Systems Inc)

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Termination and Survival. In the event all conditions to Closing set forth in Section paragraph 3.3 are not met within ninety sixty (9060) days following the Effective Date, Purchaser shall either Party will have the right to terminate this agreement Agreement by written notice to Sellerthe other Party. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.1, 8.2, 8.3, 8.4, 8.5, 8.6, 8.8, 8.9 and 8.7 8.10 will survive any termination.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hanover Portfolio Acquisitions, Inc.)

Termination and Survival. In the event all conditions to Closing set forth in Section paragraph 3.3 are not met within ninety (90) days following the Effective Date, each of Seller and Purchaser shall will have the right to terminate this agreement Agreement by written notice to Sellerthe other party; provided that Seller may only terminate this Agreement pursuant to this paragraph 3.5 if Seller has complied, in all material respects, with all of its obligation under this Agreement. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section section 3 to Seller. The provisions of paragraphs 8.1, 8.2, 8.3, 8.4, 8.5, 8.6, 8.7, 8.8, 8.9, 8.10 and 8.7 8.11 will survive any termination.

Appears in 1 contract

Samples: Patent Purchase Agreement (Blonder Tongue Laboratories Inc)

Termination and Survival. In the event all conditions to Closing set forth in Section 3.3 paragraph 5.3 are not met within ninety (90) days following the Effective Date, Purchaser shall will have the right to terminate this agreement Agreement by written notice to Seller. Upon termination, Purchaser will return all documents delivered to Purchaser under this Section 3 to Seller. The provisions of paragraphs 8.4, 8.5, 4.11 and 8.7 4.14 will survive any termination.

Appears in 1 contract

Samples: Patent Purchase Agreement and Consulting Agreement (Bioadaptives, Inc.)

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