Termination Clause Example from Business Contracts

Termination. In the event that the Closing shall not have occurred with respect to the Investor on or before five business days from the date hereof due to the Company's or the Investor's failure to satisfy the conditions set forth in Sections 5 and 6 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 par...ty to any other party. View More