Termination Clause Example with 6 Variations from Business Contracts

This page contains Termination clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Termination. (a) The Representative may terminate this Agreement with respect to the Notes by notice to the Company at any time on or prior to the Closing Date in the event that the Company shall have failed, refused or been unable to perform in any material respect all obligations and satisfy in any material respect all conditions on its part to be performed or satisfied hereunder at or prior thereto or if, at or prior to the Closing Date and after the execution of this Agreement (i) trading in securities g...enerally on the New York Stock Exchange, the NASDAQ Stock Market or in the over-the-counter market, or trading in any securities of the Company on any exchange or in the over-the-counter market, shall have been suspended or minimum or maximum prices shall have been established on any such exchange or market; (ii) there has been a material disruption in commercial banking or securities settlement, payment or clearance services in the United States; (iii) a banking moratorium shall have been declared by New York or United States authorities, or (iv) there shall have been (A) an outbreak or escalation of hostilities between the United States and any foreign power, (B) an outbreak or escalation of any other insurrection or armed conflict involving the United States, (C) the occurrence of any other calamity or crisis or (D) any change in general economic, political or financial conditions which has an effect on the U.S. financial markets or the international financial markets that, in the case 24 of any event described in this clause (iv), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the offer, sale and delivery of the Notes as disclosed in the Preliminary Memorandum, the Offering Memorandum or the Final Memorandum, exclusive of any amendment or supplement thereto. (b) Termination of this Agreement pursuant to this Section 10 shall be without liability of any party to any other party except as provided in Sections 5 and 8 hereof. View More

Variations of a "Termination" Clause from Business Contracts

Termination. (a) The Representative This Agreement may terminate this Agreement with respect to be terminated in the Notes absolute discretion of the Representative, by notice to the Company at any time Issuers, if after the execution and delivery of this Agreement and on or prior to the Closing Date in the event that the Company shall have failed, refused or been unable to perform in any material respect all obligations and satisfy in any material respect all conditions on its part to be performed or satisf...ied hereunder at or prior thereto or if, at or prior to the Closing Date and after the execution of this Agreement (i) trading in securities generally on the New York Stock Exchange, the NASDAQ Stock Market or in the over-the-counter market, market shall have been suspended or minimum prices shall have been established on any such exchange or market; (ii) trading in any securities of the Company any Issuer on any exchange or in the over-the-counter market, shall have been suspended or minimum or maximum prices shall have been established on any such exchange or market; (ii) (iii) there has been a material disruption in commercial banking or securities settlement, payment or clearance services in the United States; (iii) (iv) a banking moratorium shall have been declared by New York or United States authorities, authorities or (iv) (v) there shall have been (A) an outbreak or significant escalation of hostilities between the United States and any foreign power, (B) an outbreak or significant escalation of any other insurrection or armed conflict involving the United States, (C) the occurrence of any other calamity or crisis or (D) any material and adverse change in general economic, political or financial conditions which has an effect on the U.S. financial markets or the international financial markets that, in the case 24 of any event described in this clause (iv), (v), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the offer, sale and delivery of the Notes as disclosed on the terms and in the Preliminary Memorandum, manner contemplated by this Agreement, the Offering Memorandum Disclosure Package or the Final Memorandum, exclusive of any amendment or supplement thereto. Prospectus. (b) Termination of this Agreement pursuant to this Section 10 9 shall be without liability of any party to any other party except as provided in Sections 5 and 8 5(b) hereof. View More
Termination. (a) The Representative Representatives may terminate this Agreement with respect to the Notes by notice to the Company at any time on or prior to the Closing Date in the event that the Company shall have failed, refused or been unable to perform in any material respect all obligations and satisfy in any material respect all conditions on its part to be performed or satisfied hereunder at or prior thereto or if, at or prior to the Closing Date and after (i) trading or quotation in any of the exec...ution of this Agreement (i) Company's securities shall have been suspended or limited by the Commission or the NYSE, (ii) trading in securities generally on either the New York Stock Exchange, the NASDAQ Nasdaq Stock Market or in the over-the-counter market, or trading in any securities of the Company on any exchange or in the over-the-counter market, NYSE shall have been suspended or limited, or minimum or maximum prices shall have been generally established on any of such exchange stock exchanges by the Commission or market; (ii) FINRA; (iii) there has been a material disruption in commercial banking or securities settlement, payment or clearance services in the United States; (iii) (iv) a banking moratorium shall have been declared by New York York, North Carolina or United States authorities, authorities or (iv) (v) there shall have been (A) an outbreak or escalation of hostilities between the United States and any foreign power, (B) an outbreak or escalation of any other insurrection or armed conflict involving the United States, (C) the occurrence of any other calamity or crisis involving the United States or (D) any change in general economic, political or financial conditions which has an effect on the U.S. financial markets or the international financial markets that, in the case 24 of any event described in this clause (iv), (v), in the sole judgment of the Representative, Representatives, makes it impracticable or inadvisable to proceed with the offer, sale and or delivery of the Notes as disclosed in the Preliminary Memorandum, manner and on the Offering Memorandum terms described in the Disclosure Package or the Final Memorandum, Prospectus, exclusive of any amendment or supplement thereto. thereto, or to enforce contracts for the sale of securities. (b) Termination of this Agreement pursuant to this Section 10 8 shall be without liability of any party to any other party except as provided in Sections 5 4 and 8 6 hereof. View More
Termination. (a) The Representative may terminate this Agreement with respect to the Notes by notice to the Company at any time on or prior to the Closing Date in the event that the Company shall have failed, refused or been unable to perform in any material respect all obligations and satisfy in any material respect all conditions on its part to be performed or satisfied hereunder at or prior thereto or if, at or prior to the Closing Date and after the execution of this Agreement (i) trading in securities g...enerally on the New York Stock Exchange, the NASDAQ Stock Market Market, the Irish Stock Exchange, the London Stock Exchange 25 or in the over-the-counter market, or trading in any securities of the Company on any exchange or in the over-the-counter market, shall have been suspended or minimum or maximum prices shall have been established on any such exchange or market; (ii) there has been a material disruption in commercial banking or securities settlement, payment or clearance services in the United States; States, the United Kingdom or Ireland; (iii) a banking moratorium shall have been declared by New York or United States authorities, authorities or by the competent governmental or regulatory authorities in the United Kingdom or Ireland; or (iv) there shall have been (A) an outbreak or escalation of hostilities between the European Union, any member state thereof or the United States and any foreign power, (B) an outbreak or escalation of any other insurrection or armed conflict involving the European Union, any member state thereof or the United States, (C) the occurrence of any other calamity or crisis or (D) any change in general economic, political or financial conditions which has an effect on the U.S. financial markets or the international financial markets that, in the case 24 of any event described in this clause (iv), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the offer, sale and delivery of the Notes as disclosed in the Preliminary Memorandum, the Offering Memorandum or the Final Memorandum, exclusive of any amendment or supplement thereto. (b) Termination of this Agreement pursuant to this Section 10 shall be without liability of any party to any other party except as provided in Sections 5 and 8 hereof. View More
Termination. (a) The Representative may terminate this Agreement with respect to the Notes by notice to the Company at any time on or prior to the Closing Date in the event that the Company shall have failed, refused or been unable to perform in any material respect all obligations and satisfy in any material respect all conditions on its part to be performed or satisfied hereunder at or prior thereto or if, at or prior to the Closing Date and after the execution of this Agreement (i) trading in securities g...enerally on the New York Stock Exchange, the NASDAQ Stock Market Market, the Irish Stock Exchange, the London Stock Exchange or in the over-the-counter market, or trading in any securities of the Company on any exchange or in the over-the-counter market, shall have been suspended or minimum or maximum prices 27 shall have been established on any such exchange or market; (ii) there has been a material disruption in commercial banking or securities settlement, payment or clearance services in the United States; States, the United Kingdom or Ireland; (iii) a banking moratorium shall have been declared by New York or United States authorities, authorities or by the competent governmental or regulatory authorities in the United Kingdom or Ireland; or (iv) there shall have been (A) an outbreak or escalation of hostilities between the European Union, any member state thereof or the United States and any foreign power, (B) an outbreak or escalation of any other insurrection or armed conflict involving the European Union, any member state thereof or the United States, (C) the occurrence of any other calamity or crisis or (D) any change in general economic, political or financial conditions which has an effect on the U.S. financial markets or the international financial markets that, in the case 24 of any event described in this clause (iv), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the offer, offering, sale and delivery of the Notes as disclosed in the Preliminary Memorandum, the Offering Memorandum or the Final Memorandum, exclusive of any amendment or supplement thereto. (b) Termination of this Agreement pursuant to this Section 10 shall be without liability of any party to any other party except as provided in Sections 5 and 8 hereof. View More
Termination. (a) The Representative may terminate this Agreement with respect to the Notes by notice to the Company at any time on or prior to the Closing Date in the event that the Company shall have failed, refused or been unable to perform in any material respect all obligations and satisfy in any material respect all conditions on its part to be performed or satisfied hereunder at or prior thereto or if, at or prior to the Closing Date and after the execution of this Agreement (i) trading in securities g...enerally on the New York Stock Exchange, the NASDAQ Stock Market Market, the Irish Stock Exchange, the London Stock Exchange or in the over-the-counter market, or trading in any securities of the Company on any exchange or in the over-the-counter market, shall have been suspended or minimum or maximum prices shall have been established on any such exchange or market; (ii) there has been a material disruption in commercial banking or securities settlement, payment or clearance services in the 25 United States; States, the United Kingdom or Ireland; (iii) a banking moratorium shall have been declared by New York or United States authorities, authorities or by the competent governmental or regulatory authorities in the United Kingdom or Ireland; or (iv) there shall have been (A) an outbreak or escalation of hostilities between the European Union, any member state thereof or the United States and any foreign power, (B) an outbreak or escalation of any other insurrection or armed conflict involving the European Union, any member state thereof or the United States, (C) the occurrence of any other calamity or crisis or (D) any change in general economic, political or financial conditions which has an effect on the U.S. financial markets or the international financial markets that, in the case 24 of any event described in this clause (iv), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the offer, sale and delivery of the Notes as disclosed in the Preliminary Memorandum, the Offering Memorandum or the Final Memorandum, exclusive of any amendment or supplement thereto. (b) Termination of this Agreement pursuant to this Section 10 shall be without liability of any party to any other party except as provided in Sections 5 and 8 hereof. View More
Termination. (a) The Representative may terminate this Agreement with respect to the Notes by notice to the Company Issuers at any time on or prior to the Closing Date in the event that the Company Issuers shall have failed, refused or been unable to perform in any material respect all obligations and satisfy in any material respect all conditions on its their part to be performed or satisfied hereunder at or prior thereto or if, at or prior to the Closing Date and after the execution of this Agreement (i) t...rading in securities generally on the New York Stock Exchange, the NASDAQ Stock National Market or in the over-the-counter market, or trading in any securities of the Company Issuers on any exchange or in the over-the-counter market, shall have been suspended or minimum or maximum prices shall have 34 been established on any such exchange or market; (ii) there has been a material disruption in commercial banking or securities settlement, payment or clearance services in the United States; (iii) a banking moratorium shall have been declared by New York York, North Carolina or United States authorities, federal authorities or (iv) there shall have been (A) an outbreak or escalation of hostilities between the United States and any foreign power, (B) an outbreak or escalation of any other insurrection or armed conflict involving the United States, (C) the occurrence of any other calamity or crisis involving the United States or (D) any change in general economic, political or financial conditions which has an effect on the U.S. financial markets markets, currency exchange rates or controls or the international financial markets that, in the case 24 of any event described in this clause (iv), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the offer, sale and delivery of the Notes as disclosed in the Preliminary Memorandum, the Offering Memorandum or the Final Offering Memorandum, exclusive of any amendment or supplement thereto. (b) Termination of this Agreement pursuant to this Section 10 9 shall be without liability of any party to any other party except as provided in Sections 5 and 8 7 hereof. View More