Termination Clause Example from Business Contracts

This example Termination clause appears in 2 contracts from 1 company

Termination. The obligations of the Underwriters hereunder may be terminated by the Representatives on behalf of the Underwriters by notice given to and received by the Partnership prior to delivery of and payment for the Notes if, prior to that time, any of the events described in Section 7(i), (j) or (k) hereof shall have occurred or if the Underwriters shall decline to purchase the Notes for any reason permitted under this Agreement.