Termination Clause Example from Business Contracts

This example Termination clause appears in 2 contracts from 1 company

Termination. This Agreement shall terminate as follows: (a) At such time that the Trustee has completed the liquidation of the Trust Account and its obligations in accordance with the provisions of Section 1(i) hereof and distributed the Property in accordance with the provisions of the Termination Letter, this Agreement shall terminate except with respect to Section 2(b); or (b) If the Offering is not consummated within ten (10) business days of the date of this Agreement, in which case any funds received b...y the Trustee from the Company or the Sponsor for purposes of funding the Trust Account shall be promptly returned to the Company or the Sponsor, as applicable. View More
Found in Nabors Energy Transition Corp. contract
Nabors Energy Transition Corp. Contracts

Form of Investment Management Trust Agreement between Continental Stock Transfer & Trust Company and the Registrant (Filed With SEC on October 27, 2021)

Investment Management Trust Agreement, dated November 16, 2021, between the Company and Continental Stock Transfer & Trust Company, as trustee (Filed With SEC on November 22, 2021)