Closing for the Purchase of Common Stock. The Closing (the “Closing”) of this transaction for the Shares of Common Stock being purchased will occur when all of the documents and consideration described in Paragraphs 2.12 above and in 3.02 below, have been delivered or other arrangements have been made and agreed to by the Parties. This Agreement may be terminated by the non-breaching in the event of any material breach by the breaching party.
Closing for the Purchase of Common Stock. The Closing will occur when all of the documents and consideration described in Sections 2.12 and 3.02 have been delivered or other arrangements have been made and agreed to by the Parties. If the Closing does not occur on or before September 13, 2013, then any Party may terminate this Agreement upon written notice. This Agreement can be terminated in the event of any material breach by any Party.
Closing for the Purchase of Common Stock. The Closing of this transaction for the Shares being purchased will be consummated when all of the documents and consideration described in Paragraphs 2.12 above and in 3.02 below, have been delivered, or other arrangements made and agreed to. If the Closing of this transaction has not taken place on or before the close of business on June 8, 2010, then either party may terminate this Agreement by written notice to the other. Prior to June 8, 2010, the Company shall have made available to the Purchaser for inspection all corporate books, records and assets, and shall have otherwise afforded reasonable access to all documentation and other information concerning the business, financial and legal conditions of the Company for the purpose of conducting a due diligence investigation. Such due diligence investigation shall be for the purpose of satisfying the Purchaser as to the business, financial and legal condition of the Company for purposes of determining and confirming the desirability of consummating the proposed transaction. Prior to the Closing, this Agreement can be terminated in the event of any material breach by either party.
Closing for the Purchase of Common Stock. The Closing (the “Closing”) of this transaction for the Stock of Common Stock being purchased will occur when all of the documents and consideration described in Paragraphs 2.10 above and in 3.02 below, have been delivered or other arrangements have been made and agreed to by the Parties. It is understood that the Audit of Innovate will take time, but can take no longer than sixty (60) days from the date of this Agreement. If the Closing does not occur on or before June 24th, 2014, then either party may terminate this Agreement upon written notice.
Closing for the Purchase of Common Stock. The Closing (the “Closing”) of this Transaction for the Shares being purchased will occur when all of the documents and consideration described in Paragraphs 2.11 above and in 3.02 below have been delivered and (i) the Company’s Form 10-Q for the quarter ended December 31, 2011 has been filed with the SEC.
Closing for the Purchase of Common Stock. Within five (5) days of the Closing of this Transaction, all of the documents and consideration described in Paragraphs 2.11 above and in 3.02 shall have been delivered.
Closing for the Purchase of Common Stock. The Closing (the “Closing”) of this transaction for the Shares of Common Stock being purchased will occur on June 11th 2007.
Closing for the Purchase of Common Stock. The Closing (the "Closing") of this transaction for the Shares of Common Stock being purchased will occur when all of the documents and consideration described in Sections 2.14 above and in 3.02 below, have been delivered. Unless the Closing of this transaction takes place within five (5) business days after the Company either: i) files its Quarterly Report on Form 10-QSB for the period ended December 31, 2007, ii) files an amended filing with its amended audited financial statements for the fiscal year ended June 30, 2006, or iii) 10 days after the mailing of the Schedule 14F-1 (as set forth below), whichever is later, then either party may terminate this Agreement. If this Agreement is terminated pursuant to Section 5.02 below or the failure of the Sellers to provide the documents specified in Section 2.14 or the documents listed below in Section 3.02, then all consideration paid by the Purchaser shall be returned to the Purchaser. If this Agreement is terminated by the Sellers due to the failure of the Purchaser to provide the Purchase Price, then the Deposit previously paid by the Purchaser will be forfeited to the Sellers and the Sellers shall have no further liability to the Purchaser and the Purchaser shall have no further liability to the Sellers, except that such Deposit shall be returned to the Purchaser if termination shall occur by the Purchaser pursuant to Section 5.02 below. However, it is understood by all parties that, in addition to any other terms or conditions described herein, the purchase of the Shares by the Purchaser is contingent on the Company: i) filing an amended filing with its amended audited financial statements for the fiscal year ended June 30, 2006, ii) filing its Quarterly Report on Form 10-QSB for the period ended December 31, 2007, iii) filing a Current Report on Form 8-K disclosing this Agreement, and iv) filing a Schedule 14F-1, mailing the Schedule 14F-1 to all its shareholders, and having at least 10 days pass after the mailing of the Schedule 14F-1 to its shareholders. This Agreement can be terminated in the event of any material breach by either party and the Deposit and Purchase Price will be returned to Purchaser unless the only material breach of this Agreement is the Purchaser's failure to pay the remaining $450,000 of the Purchase Price, in which case the Deposit is forfeited to the Sellers.
Closing for the Purchase of Common Stock. The Closing (the “Closing”) of this transaction for the Shares being purchased will occur when all of the documents and consideration described in Paragraphs 2.13 above and in 3.02 below, have been delivered. Unless the Closing of this transaction takes place on or before July ___, 2007, then either party may terminate this Agreement. If this Agreement is terminated due to the failure of the Sellers to provide the documents specified in Paragraphs 2.13 or the documents listed below in Section 3.02, then all consideration paid by the Purchaser shall be returned to the Purchaser. If this Agreement is terminated by the Sellers due to the failure of the Purchaser to provide the consideration specified below, then the Funds previously paid by the Purchaser will be forfeited to the Sellers and the Sellers shall have no further liability to the Purchaser and the Purchaser shall have no further liability to the Seller. This Agreement can be terminated in the event of any material breach by either party.
Closing for the Purchase of Common Stock. The Closing (the “Closing”) of this Transaction for the Assignment Shares will occur when all of the documents and consideration have been delivered, which shall be the resignation document of Rajendran, and appointment of XX Xxxxxxx as sole officer and director, together with the letter of instruction by Rajendran for the transfer of the Control Shares in the form of the Assigned Shares. Such other documentation shall be required but shall not effect the closing of this transaction.
