Termination Clause Example with 38 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. In the event that the Closing shall not have occurred with respect to a Buyer on or before ten (10) Business Days from the date hereof due to the Company's or such Buyer's failure to satisfy the conditions set forth in Sections 6 and 7 above (and the nonbreaching party's failure to waive such unsatisfied condition(s)), the nonbreaching party shall have the option to terminate this Agreement with respect to such breaching party at the close of business on such date without liability of any party ...to any other party. View More

Variations of a "Termination" Clause from Business Contracts

Termination. In the event that the Initial Closing shall not have occurred with respect to a Buyer on or before ten (10) five (5) Business Days from the date hereof due to the Company's or such any Buyer's failure to satisfy the conditions set forth in Sections 6 6(a) and 7 7(a) above (and the nonbreaching party's failure to party does not waive such unsatisfied condition(s)), the nonbreaching party shall have the option to terminate this Agreement with respect to such breaching party (to the extent the Comp...any is the nonbreaching party, the Company shall have the option to terminate this Agreement, and all obligations, in whole) at the close of business on such date by delivering a written notice to that effect to each other party to this Agreement and without liability of any party to any other party. party; provided, however, that if this Agreement is terminated pursuant to this Section 8, the Company shall remain obligated to reimburse Starboard Value and Opportunity Master Fund Ltd. or its designee(s), as applicable, for the reasonable, actual and documented expenses described in Section 4(g) above; provided that any such reimbursed expenses shall not exceed $150,000. View More
Termination. In the event that the Closing shall not have occurred with respect to a Buyer on or before ten (10) Business Days from the date hereof February 11, 2016 due to the Company's or such Buyer's the Seller's failure to satisfy the conditions set forth in Sections 6 and 7 above this Agreement (and the nonbreaching non-breaching party's failure to waive such unsatisfied condition(s)), the nonbreaching non-breaching party shall have the option to terminate this Agreement with respect to such breaching p...arty at the close of business on such date without liability of any party to any other party. View More
Termination. In the event that the Closing shall not have occurred with respect to a Buyer on or before ten (10) Business Days from the date hereof November 30, 2020 due to the Company's or such Buyer's the Buyers' failure to satisfy the conditions set forth in Sections 5 and 6 and 7 above (and the nonbreaching party's failure to waive such unsatisfied condition(s)), the nonbreaching party shall have the option to terminate this Agreement with respect to such breaching party at the close of business on such ...date by delivering a written notice to that effect to each other party to this Agreement and without liability of any party to any other party. party; provided, however, that notwithstanding the foregoing the Buyers shall not be deemed to have waived any right to seek damages in respect of any breach of this Agreement by the Company and shall have all remedies available to it pursuant to this Agreement, under law or at equity. View More
Termination. In the event that the Closing shall does not have occurred with respect to a Buyer occur on or before ten (10) five (5) Business Days from the date hereof due to the Company's or such Buyer's the Holder's failure to satisfy the conditions set forth in Sections 6 7 and 7 above 8 hereof (and the nonbreaching party's failure to waive such unsatisfied condition(s)), conditions(s)), the nonbreaching party shall have the option to terminate this Agreement with respect to such breaching party at the cl...ose of business on such date without liability of any party to any other party. Upon such termination, the terms hereof (other than, in the case of a termination by the Company, Section 3 hereof) shall be null and void and the parties shall continue to comply with all terms and conditions of the Agreements, as in effect prior to the execution of this Agreement. View More
Termination. In the event that the Closing shall not have occurred with respect to a Buyer on or before ten (10) Business Days from the date hereof June 30, 2015 due to the Company's or such Buyer's the Seller's failure to satisfy the conditions set forth in Sections 6 and 7 above (and the nonbreaching non-breaching party's failure to waive such unsatisfied condition(s)), the nonbreaching non-breaching party shall have the option to terminate this Agreement with respect to such breaching party at the close o...f business on such date without liability of any party to any other party. View More
Termination. In Subject to the notice provisions of Section 9, Subsection (h) of this Agreement, in the event that the Closing shall not have occurred with respect to a Buyer on or before ten (10) Business Days from the date hereof due to the Company's or such Buyer's Owner's failure to satisfy the conditions set forth in Sections 6 and 7 above this Agreement (and the nonbreaching non-breaching party's failure to waive such unsatisfied condition(s)), the nonbreaching non-breaching party shall have the option... to terminate this Agreement with respect to such breaching party at the close of business on such date without liability of any party to any other party. View More
Termination. In the event that the Closing shall not have occurred with respect to a Buyer on or before ten (10) five (5) Business Days from the date hereof due to the Company's or such Buyer's failure to satisfy the conditions set forth in Sections 6 and 7 above (and the nonbreaching party's failure to waive such unsatisfied condition(s)), the nonbreaching party shall have the option to terminate this Agreement with respect to such breaching party at the close of business on such 40 date by delivering a wri...tten notice to that effect to each other party to this Agreement and without liability of any party to any other party. party; provided, however, that if this Agreement is terminated pursuant to this Section 8, the Company shall remain obligated to reimburse the Lead Investor or its designee(s), as applicable, for the expenses described in Section 4(g) above. View More
Termination. In the event that the Closing shall not have occurred with respect to a Buyer on or before ten (10) Business Days from the date hereof due to the Company's failure of the Company or such Buyer's failure any Purchaser to satisfy the conditions set forth in Sections 6 and 7 Section 2 above (and the nonbreaching non-breaching party's failure to waive such unsatisfied condition(s)), the nonbreaching non-breaching party shall have the option to terminate this Agreement with respect to such breaching ...party at the close of business on such the tenth business day following the date without liability of any party to any other party. hereof. View More
Termination. In the event that the Closing shall not have occurred with respect to a Buyer by on or before ten (10) three (3) Business Days from the date hereof hereof, due to the Company's or such Buyer's the Holder's failure to satisfy the conditions set forth in Sections 5 and 6 and 7 above hereof (and the nonbreaching party's failure to waive such unsatisfied condition(s)), conditions(s)), the nonbreaching party shall have the option to terminate this Agreement with respect to such breaching party at the... close of business on such date without liability of any party to any other party. Upon such termination, the terms hereof shall be null and void. View More
Termination. In the event that at a Closing the Closing shall not have occurred with respect to a Company or the Buyer on or before ten (10) Business Days from the date hereof due to the Company's or such Buyer's failure has failed to satisfy the conditions set forth in Sections 6 and 7 above (and the nonbreaching party's failure non-breaching party has failed to waive such unsatisfied condition(s)), the nonbreaching non-breaching party shall have the option to terminate this Agreement with respect to such b...reaching party at the close of business on such date without liability of any party to any other party. View More