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
Found in PLx Pharma Inc. contract

Variations of a "Termination" Clause from Business Contracts

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 date by delivering a writte...n 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 Empery or its designee(s), as applicable, for the expenses described in Section 4(g) above. View More
Found in GT Biopharma, Inc. contract
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 28, 2020 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 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 the Lead Investor or its designee(s), as applicable, for the expenses described in Section 4(f) above. View More
Found in MAGNEGAS APPLIED TECHNOLOGY SOLUTIONS, INC. contract
Termination. In the event that the Closing shall not have occurred with respect to a Buyer on or before ten (10) Business Days from five (5) business days following the date hereof due to the Company's or such Buyer's 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 su...ch 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. None of the Parties may rely, as a basis for terminating this Agreement or not consummating the transactions contemplated hereby, on the failure of any condition set forth in Section 5 or Section 6, as the case may be, to be satisfied, if such failure was caused by such party's failure to perform any of its obligations under this Agreement. View More
Found in 2 Contracts from BJ's Restaurants, Inc.
Termination. In the event that the Initial Closing shall not have occurred with respect to a Buyer on or before ten (10) 10 Business Days from the date hereof due to the Company's or such the 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 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 Buyer 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
Found in Medicine Man Technologies, Inc. contract
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 October 23, 2014 due to the Company's or such the 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 li...ability 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 Buyer for the expenses described in Section 4(g) above. View More
Found in HUTCHINSON TECHNOLOGY INC contract
Termination. In the event that the Closing shall not have occurred with respect to a Buyer the Investor on or before ten (10) Business Days five business days from the date hereof due to the Company's or such Buyer's the Investor's 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 without liability of any party to any other party. View More
Found in 2 Contracts from AMERICAN OUTDOOR BRANDS CORP
Termination. In the event that the Initial Closing or any Subsequent Closing shall not have occurred with respect to a Buyer on or before ten (10) Business Days five business days from the date hereof Initial Closing Date or any Subsequent Closing Date before July 31, 2015, as applicable, due to the Company's or Parent'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 sh...all 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
Found in Guardian 8 Holdings contract
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 Execution Date 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 by deli...vering 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 Cavalry or its designee(s), as applicable, for the expenses described in Section 4(f) above. View More
Found in 4 Contracts from 3 Companies
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 date by delivering a writte...n 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 JCP or its designee(s), as applicable, for the expenses described in Section 4(f) above. View More
Found in INNOVATIVE FOOD HOLDINGS INC contract
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 48 (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 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(f) above. View More
Found in Real Goods Solar, Inc. contract