Termination Clause Example from Business Contracts

Termination. In the event that the Initial Closing shall not have occurred with respect to the Buyer on or before ten (10) Trading Days from the date hereof due to the Company's or 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. View More