Termination Clause Example with 19 Variations from Business Contracts

Termination. In the event that the First Closing shall not have occurred with respect to a Buyer within five (5) ten (10) days of the date hereof, then such the Buyer shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after the close of business on such date without liability of such the Buyer to any other party; provided, however, (i) the right to terminate this Agreement under this Section 8 shall not be available to such the Buyer if the failure... of the transactions contemplated by this Agreement to have been consummated by such date is the result of such the Buyer's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes and the Warrants Convertible Debentures shall be applicable only to such the Buyer by providing such written notice, provided further that no such termination shall affect any obligation of the Company under this Agreement to reimburse such the Buyer for the expenses described in Section 4(g) above. herein. Nothing contained in this Section 8 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. View More

Termination. In the event that the Closing shall not have occurred with respect to a Buyer within five (5) days of the date hereof, then such the Buyer shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after the close of business on such date without liability of such the Buyer to any other party; the Company; provided, however, (i) the right to terminate this Agreement under this Section 8 shall not be available to such the Buyer if the failure o...f the transactions contemplated by this Agreement to have been consummated by such date is the result of such the Buyer's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes and the Warrants shall be applicable only to such Buyer providing such written notice, Agreement, provided further that no such termination shall affect any obligation of the Company under this Agreement to reimburse such the Buyer for the expenses described in Section 4(g) above. Nothing contained in this Section 8 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. View More

Termination. In This Agreement may be terminated (i) by the event that mutual consent of each of the Company and the Buyers, (ii) if the Closing shall not have occurred by December 15, 2022 (provided that no party shall have the right to terminate if they were the proximate cause of the failure to close by such date), or (iii) with respect to a Buyer within five (5) days Buyer, if the Company has breached the terms of this Agreement in a manner that would cause the failure of the date hereof, then conditions... to closing hereunder to be met (and such Buyer breach remains uncured after 30 days' notice). Upon any termination in accordance with this Section 8 by a Buyer, such party shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after the close of business on such date without (without liability of such Buyer to any other party; party); provided, however, (i) the right to terminate this Agreement under this Section 8 shall not be available to such Buyer if the failure of the transactions contemplated by this Agreement to have been consummated by such date is the result of such Buyer's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes Preferred Shares and the Warrants by such Buyer shall be applicable only to such Buyer providing such written notice, provided further that no such termination by any party shall affect any obligation of the Company under this Agreement to reimburse such Buyer for the expenses described in Section 4(g) above. Nothing contained in this Section 8 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. View More

Termination. In the event that the Closing shall not have occurred with respect to a Buyer within five (5) days of the date hereof, then such A Buyer shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after for a breach by the close Company of business on such date the terms and provisions of this Agreement without liability of such Buyer to any other party; provided, however, (i) the right to terminate this Agreement under this Section 8 7 shall n...ot be available to such Buyer if the failure of the transactions contemplated by this Agreement to have been consummated by such date is the result of such Buyer's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes and the Warrants Common Shares shall be applicable only to such Buyer providing such written notice, provided further that no such termination shall affect any obligation of the Company under this Agreement to reimburse such Buyer for the expenses described in Section 4(g) above. notice. Nothing contained in this Section 8 7 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. Agreement. View More

Termination. In the event that the Initial Closing shall not have occurred with respect to a Buyer within five (5) days of the date hereof, then such Buyer shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after the close of business on such date without liability of such Buyer to any other party; provided, however, (i) the right to terminate this Agreement under this Section 8 shall not be available to such Buyer if the failure of the transaction...s contemplated by this Agreement to have been consummated by such date is the result of such Buyer's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes Common Shares and the Warrants shall be applicable only to such Buyer providing such written notice, provided further that no such termination shall affect require any obligation reimbursement of Transaction Expenses to the Company by the lead Buyer hereunder. In the event that the Additional Closing shall not have occurred with respect to a Buyer on or prior to December 31, 2015, then such Buyer and the Company shall have the right to terminate its obligations under this Agreement to reimburse consummate the Additional Closing with respect to itself at any time on or after the close of business on such date without liability to such party or to any other party; provided, however, (i) the right to terminate this Agreement under this Section 8 41 shall not be available to such Person if the failure of the Additional Closing to have been consummated by such date is the result of such Person's breach of this Agreement and (ii) (x) if by a Buyer, the abandonment of the sale and purchase of the Common Shares and the Warrants at the Additional Closing shall be applicable only to such Buyer for providing such written notice and (y) if by the expenses described in Section 4(g) above. Company, the abandonment of the sale and purchase of the Common Shares and the Warrants at the Additional Closing must be made with respect to each Buyer hereunder, provided further that no such termination shall require any reimbursement of Transaction Expenses to the Company by the lead Buyer hereunder. Nothing contained in this Section 8 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. View More

Termination. In the event that the Closing shall not have occurred with respect to a Buyer within five (5) days of the date hereof, then such the Buyer shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after the close of business on such date without liability of such the Buyer to any other party; provided, however, (i) the right to terminate this Agreement under this Section 8 shall not be available to such the Buyer if the failure of the transac...tions contemplated by this Agreement to have been consummated by such date is the result of such the Buyer's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes Common Shares and the Warrants shall be applicable only to such the Buyer providing such written notice, provided further that no such termination shall affect any obligation of the Company under this Agreement to reimburse such the Buyer for the expenses described in Section 4(g) 4(j) above. Nothing contained in this Section 8 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. View More

Termination. In the event that the Closing shall not have occurred with respect to a Buyer within five (5) days of three (3) Trading Days after the date hereof, then either the Company or such Buyer Buyer, by written notice, shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after the close of business on such date without liability of such Buyer any party to any other party; provided, however, (i) the right to terminate this Agreement under this S...ection 8 7 shall not be available to such Buyer any party if the failure of the transactions contemplated by this Agreement to have been consummated by such date is the result of such Buyer's party's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes Preferred Shares and the Warrants shall be applicable only to such Buyer providing such written notice, notice; provided further that no such termination shall affect any obligation of the Company under this Agreement to reimburse such Buyer for the expenses described in Section 4(g) 4(j) above. Nothing contained in this Section 8 7 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. View More

Termination. In the event that the Closing shall not have occurred with respect to a Buyer within five (5) days of the date hereof, then the Partnership and such Buyer each shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after the close of business on such date without liability of such Buyer terminating party to any other party; provided, however, (i) the right to terminate this Agreement under this Section 8 shall not be available to such Buye...r a party if the failure of the transactions contemplated by this Agreement to have been consummated by such date is the result of such Buyer's party's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes Series A Preferred Units and the Warrants shall be applicable only as it relates to such Buyer providing such written notice, Buyer, provided further that no such termination shall affect any obligation of the Company Partnership under this Agreement to reimburse such Buyer for the expenses described in Section 4(g) above. Nothing contained in this Section 8 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. View More

Termination. In the event that the a Closing shall not have occurred with respect to a Buyer within five (5) days two (2) Business Days of the date hereof, then such Buyer shall have the right to terminate its obligations under this Agreement with respect to itself at any time on or after the close of business on such date without liability of such Buyer to any other party; provided, however, (i) the right to terminate this Agreement under this Section 8 shall not be available to such Buyer if the failure of... the transactions contemplated by this Agreement to have been consummated by such date is the result of such Buyer's breach of this Agreement and (ii) the abandonment of the sale and purchase of the Notes and the Warrants shall be applicable only to such Buyer providing such written notice, provided further that no such termination shall affect any obligation of the Company under this Agreement to reimburse such Buyer for the expenses described in Section 4(g) above. Nothing contained in this Section 8 shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement or the other Transaction Documents or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement or the other Transaction Documents. View More