Termination Clause Example with 71 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. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) the Effective Time; (b) the termination of the Merger Agreement in accordance with its terms; or (c) the mutual agreement of the Company and Purchaser. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve any party from liability f...or any willful breach of this Agreement occurring prior to its termination. View More

Variations of a "Termination" Clause from Business Contracts

Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) of (i) the Effective Time; (b) Time, (ii) the termination of the Merger Business Combination Agreement in accordance with its terms; or (c) terms, and (iii) the time this Agreement is terminated upon the mutual written agreement of Holicity, Merger Sub and the Company Stockholder (the earliest such date under clause (i), (ii) and Purchaser. Upon (iii) being referred to herei...n as the "Termination Date"); provided, that the provisions set forth in Sections 10 through 21 shall survive the termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve any party from liability for any willful breach of this Agreement occurring prior to its termination. Agreement. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) of (i) the Effective Time; (b) Time, (ii) the termination of the Merger Business Combination Agreement in accordance with its terms; or (c) terms, (iii) the mutual adoption by the SPAC and the Company of any material amendment to the Business Combination Agreement and (iv) the time this Agreement is terminated upon the written agreement of the Company Company, SPAC and Purch...aser. Upon the Stockholder (the earliest such date under clause (i), (ii) and (iii) being referred to herein as the "Termination Date") and the representations, warranties, covenants and agreements contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such that the provisions set forth in Sections 10 through 21 shall survive the termination or expiration shall not relieve any party from liability for any willful breach of this Agreement occurring prior to its termination. Agreement. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: of (a) the Effective Time; Closing, (b) the date that the Merger Agreement is terminated, (c) an Adverse Recommendation Change and (d) the delivery of written notice of termination of this Agreement by the Company to Marubeni (such earliest date, the "Termination Date"); provided, that the provisions set forth in Sections 10 and 12 through 24 shall survive the termination of the... Merger Agreement in accordance with its terms; or (c) the mutual agreement of the Company and Purchaser. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve provided further, that any liability incurred by any party from liability for any willful hereto as a result of a breach of a term or condition of this Agreement occurring prior to its termination. such termination shall survive the termination of this Agreement. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) of (i) the Second Merger Effective Time; (b) Time, (ii) the termination of the Merger Business Combination Agreement in accordance with its terms; or (c) terms, and (iii) the time this Agreement is terminated upon the mutual written agreement of the Company Company, Acquiror and Purchaser. Upon the Shareholder (the earliest such date under clause (i), (ii) and (iii) being re...ferred to herein as the "Termination Date") and the representations, warranties, covenants and agreements contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such that, (x) the provisions set forth in Sections 9 through 21 shall survive the termination or expiration shall not relieve any party from liability for any willful breach of this Agreement occurring prior to its termination. and (y) if the Second Merger is consummated in accordance with the Business Combination Agreement, Section 5(b) and Sections 6 through 8 shall also survive the termination of this Agreement. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) of (i) the Second Merger Effective Time; (b) Time, (ii) the termination of the Merger Business Combination Agreement in accordance with its terms; or (c) terms, and (iii) the time this Agreement is terminated upon the mutual written agreement of the Company Company, Acquiror and Purchaser. Upon the Shareholder (the earliest such date under clause (i), (ii) and (iii) being re...ferred to herein as the "Termination Date") and the representations, warranties, covenants and agreements contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such that, (x) the provisions set forth in Sections 9 through 21 shall survive the termination or expiration shall not relieve any party from liability for any willful breach of this Agreement occurring prior to its termination. and (y) if the Second Merger is consummated in accordance with the Business Combination Agreement, Sections 6 through 8 shall also survive the termination of this Agreement. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) of (i) the Effective Time; (b) Time, (ii) the termination of the Merger Agreement in accordance with its terms; terms, (iii) the date of any modification, waiver or (c) amendment to the Merger Agreement effected without the Stockholder's consent that increases the exchange ratio or changes the form of consideration payable to all of the stockholders of the Company pursuant t...o the terms of the Merger 2 Agreement as in effect on the date of this Agreement, (iv) fifteen months from the date hereof and (v) the time this Agreement is terminated upon the mutual written agreement of the Company and Purchaser. Upon the Stockholder (the earliest such date under clause (i), (ii), (iii), (iv) and (v) being referred to herein as the "Termination Date"); provided, that the provisions set forth in this Section 3, Section 7 and Sections 10 to 22 shall survive the termination or expiration of this Agreement, no party Agreement; provided further, nothing herein shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve any party from hereto of any liability for any willful breach of this Agreement occurring damages resulting from Willful Breach or Actual Fraud prior to its such termination. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) of (i) the Effective Time; (b) Time, (ii) the termination of the Merger Agreement in accordance with its terms; terms, (iii) the date of 2 any modification, waiver or (c) amendment to the Merger Agreement effected without the Stockholder's consent that increases the exchange ratio or changes the form of consideration payable to all of the stockholders of the Company pursuant... to the terms of the Merger Agreement as in effect on the date of this Agreement, (iv) fifteen months from the date hereof and (v) the time this Agreement is terminated upon the mutual written agreement of the Company and Purchaser. Upon the Stockholder (the earliest such date under clause (i), (ii), (iii), (iv) and (v) being referred to herein as the "Termination Date"); provided, that the provisions set forth in this Section 3, Section 7 and Sections 10 to 22 shall survive the termination or expiration of this Agreement, no party Agreement; provided further, nothing herein shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve any party from hereto of any liability for any willful breach of this Agreement occurring damages resulting from Willful Breach or Actual Fraud prior to its such termination. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: (a) of (i) the Effective Time; (b) Time, (ii) the termination of the Merger Business Combination Agreement in accordance with its terms; or (c) terms and (iii) the time this Agreement is terminated upon the mutual written agreement of the Company Company, SPAC and Purchaser. Upon the Shareholder (the earliest such date under clause (i), (ii) and (iii) being referred to herein as... the "Termination Date") and the representations, warranties, covenants and agreements contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such that the provisions set forth in Sections 11 through 22 shall survive the termination or expiration shall not relieve any party from liability for any willful breach of this Agreement occurring prior to its termination. Agreement. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: of (a) the Effective Time; Closing, (b) the date that the Merger Agreement is terminated, (c) an Adverse Recommendation Change and (d) the delivery of written notice of termination of this Agreement by the Company to the Shareholder (such earliest date, the "Termination Date"); provided, that the provisions set forth in Sections 10 and 12 through 24 shall survive the termination... of the Merger Agreement in accordance with its terms; or (c) the mutual agreement of the Company and Purchaser. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve provided further, that any liability incurred by any party from liability for any willful hereto as a result of a breach of a term or condition of this Agreement occurring prior to its termination. such termination shall survive the termination of this Agreement. View More
Termination. This Agreement and the obligations of Sponsor under this Agreement shall automatically terminate upon the earliest of: of (a) the Effective Time; Closing, (b) the date that the Merger Agreement is terminated, (c) an Adverse Recommendation Change and (d) the delivery of written notice of termination of this Agreement by the Company to the Shareholders (such earliest date, the "Termination Date"); provided, that the provisions set forth in Sections 10 and 12 through 24 shall survive the terminatio...n of the Merger Agreement in accordance with its terms; or (c) the mutual agreement of the Company and Purchaser. Upon termination or expiration of this Agreement, no party shall have any further obligations or liabilities under this Agreement; provided, however, such termination or expiration shall not relieve provided further, that any liability incurred by any party from liability for any willful hereto as a result of a breach of a term or condition of this Agreement occurring prior to its termination. such termination shall survive the termination of this Agreement. View More