Cancellation of Transaction. Notwithstanding anything contained in master agreement, the AI shall be entitled to suo moto cancel SLB transactions or under the regulatory guidelines, all such transactions including the trade/s done on behalf of the Client shall ipso facto stand cancelled, and in such event neither ICCL/ BSE nor the SLB member shall be liable to compensate the client for any loss (including any opportunity loss) arising out of such cancellation.
Cancellation of Transaction. 3. Loss or forfeiture of all or part of Seller’s Amount.
Cancellation of Transaction. Notwithstanding anything to contrary herein, in the event that the Company is unable to obtain the consents of BankBoston N.A. and FINOVA Capital Corporation, its senior lenders, and State Street Bank & Trust, as trustee for General Motors Employees, Global Group Pension Trust as directed by DDJ Capital Management, LLC, its subordinated lender, then the Company may, in its sole discretion, terminate this Agreement and return the Shares to the Seller at which time the Note will no longer be cancelled and will remain in full force and effect whereby the Seller will continue to be obligated to pay all amounts due and owing thereunder to the Company. In the event that this Agreement is terminated pursuant to this Section 11, then any and all further obligations of the Seller and the Company under this Agreement shall terminate without further liability of such party except with respect to its obligations under Section 12 hereof.
Cancellation of Transaction. With respect to any Transaction, including the initial Transaction, if following disbursement by Buyer of the Purchase Price relating to such Transaction, Seller cancels such Transaction, in each case, Seller shall pay Buyer a Price Differential on such Purchase Price from the Purchase Date until, but not including, the date the Purchase Price is returned to Buyer.
Cancellation of Transaction. Notwithstanding anything to the contrary herein or elsewhere to the contrary, Seller, Buyer and Shareholder acknowledge and agree that Buyer is relying on the availability of reasonable financing sources, terms and conditions, in order to fully consummate the transaction contemplated by this Agreement, including but not limited to, the payment of the Purchase Price to Seller and/or Shareholder, and in the event that Buyer is unable to obtain such financing with respect to the Promissory Note from Buyer to Seller in the amount of Four Million and no/100 Dollars ($4,000,000) within sixty (60) days of the Closing Date, the parties hereto hereby agree that the transaction contemplated by this Agreement shall be canceled in its entirety (unless otherwise agreed to in writing by the Buyer, Seller and Shareholder), and any and all consideration paid to any party pursuant to this Agreement shall be returned to the respective parties so that Buyer, Seller and Shareholder shall be placed in the same position as that party was in prior to this Agreement, all without the payment of any damages or penalty unless it is determined that such party acted in bad faith, except that Shareholder shall be entitled to retain Two Hundred Thousand and No/100 Dollars ($200,000) of consideration paid by Buyer as a break-up fee.
Cancellation of Transaction. Notwithstanding anything to the contrary herein, the transaction between the Parties contemplated under this Agreement shall not be binding and shall not be deemed closed until the trademarks and domains have been assigned and transferred in accordance with Section 3 of this Agreement. However, if the assignments and transfers under Section 3 of this Agreement have not occurred on or before April 20, 2020, then this Agreement shall terminate and be deemed null and void.
Cancellation of Transaction. The Company shall not cancel deposit transactions to the Master Account performed by the Bank, unless such cancellation is attributable to the Bank.
Cancellation of Transaction
