Termination Clause Example with 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. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Shares to the Holder in accordance with Section 1 hereof, then, at the election of the Holder delivered in writing to the Company at any time after the fifth (5th) Business Day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab initio and the Existing Warrant shall not be cancelled... hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow

Variations of a "Termination" Clause from Business Contracts

Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Shares Warrant to the Holder in accordance with Section 1 hereof, then, at the election of the Holder delivered in writing to the Company at any time after the fifth (5th) third (3rd) Business Day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab initio and the Holder's Existing ... class="diff-color-red">Warrant Securities shall not automatically be cancelled hereunder and shall remain outstanding reinstated as if this Agreement never existed. View More Arrow
Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Shares Exchanged Notes and Warrant to the Holder Investor in accordance with Section 1 hereof, then, at the election of the Holder Investor delivered in writing to the Company at any time after the fifth (5th) Business Day business day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab... initio and the Existing Warrant Investor Notes and Warrants shall not be cancelled terminated hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow
Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Common Shares to the Holder in accordance with Section 1 hereof on or prior to the second (2nd) Trading Day after the date hereof, then, at the election of the Holder delivered in writing to the Company at any time after the fifth (5th) Business Trading Day immediately following the date of this Agreement, this Agreement shall be terminated... and be null and void ab initio and the Existing Warrant Warrants shall not be cancelled terminated hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow
Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Shares Exchanged Note to the Holder Investor in accordance with Section 1 hereof, then, at the election of the Holder Investor delivered in writing to the Company at any time after the fifth (5th) Business Day business day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab initio and... the Existing Warrant Investor Note shall not be cancelled terminated hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow
Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Closing Date has not occurred and the Company does not deliver the Exchange Shares Warrant and cash consideration to the Holder in accordance with Section 1 hereof, then, at the election of the Holder delivered in writing to the Company at any time after the fifth (5th) (fifth (5th)) Business Day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab... initio and the Existing Warrant shall not be cancelled hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow
Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Shares Warrant to the Holder in accordance with Section 1 hereof, then, at the election of the Holder delivered in writing to the Company at any time after the fifth (5th) Business Day business day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab initio and the Existing 2017 Warrant... shall not be cancelled hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow
Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Note, the Exchanged Warrant and the Exchanged Shares to the Holder in accordance with Section 1 hereof, then, at the election of the Holder delivered in writing to the Company at any time after the fifth (5th) Business Day business day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab... initio and the Existing Note and the Warrant shall not be cancelled terminated hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow
Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Purchase Price and the Conversion Shares to the Holder in accordance with Section 1 hereof, then, at the election of the Holder delivered in writing to the Company at any time after the fifth (5th) Business Day business day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab initio and... the Existing Warrant Preferred Shares shall not be cancelled hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow
Termination. Notwithstanding anything contained in this Agreement to the contrary, if the Effective Date has not occurred and the Company does not deliver the Exchange Shares Warrants to the Holder in accordance with Section 1 hereof, then, at the election of the Holder delivered in writing to the Company at any time after the fifth (5th) Business Day business day immediately following the date of this Agreement, this Agreement shall be terminated and be null and void ab initio and the Existing Warrant Common Shares shall not be cancelled terminated hereunder and shall remain outstanding as if this Agreement never existed. View More Arrow