Closing or Termination. In the event the Closing of this Agreement shall not take place by September 15, 1999, then any party shall have the right to terminate this Agreement, in which event no party shall have any further right or obligation as against any other.
Closing or Termination. In the event the Closing of this Agreement ------------------------ shall not take place due to failure of any condition of Closing required herein, then any party shall have the right to terminate this Agreement, in which event no party shall have any further right or obligation as against any other. If Whitco shall fail to close for any reason other than failure of any condition of Closing required herein to be performed on the part of Wentworth, Whitco shall pay to Wentworth a break-up fee of $25,000 in cash. If Wentworth shall fail to close for any reason other than failure of any condition of Closing required herein to be performed on the part of Whitco, Wentworth shall pay to Whitco a break-up fee of $25,000 in cash.
Closing or Termination. In the event the Closing of this Agreement shall not take place by July 31, 2000, due to failure of any condition of closing required herein, then any party shall have the right to terminate this Agreement, upon written notice to the other parties, in which event no party shall have any further right or obligation as against any other. If either Logical or Color shall fail to close for any reason other than solely as a result of the failure of any condition of closing required herein to be performed on the part of LAC, CAC or Advatex, then Logical and Color, jointly and severally, shall pay to Advatex the reasonable costs for legal fees incurred in connection with the proposed Mergers, such sum not to exceed $25,000, plus reasonable disbursements.
Closing or Termination. In the event the Closing of this Agreement shall not take place by July 31, 2000, due to failure of any condition of closing required herein, then any party shall have the right to terminate this Agreement, in which event no party shall have any further right or obligation as against any other. If WCIN shall fail to close for any reason other than solely as a result of the failure of any condition of closing required herein to be performed on the part of WCID or Medical, then WCIN shall pay to Medical the reasonable costs for legal fees incurred in connection with the proposed Merger, such sum not to exceed $75,000, plus reasonable disbursements.
Closing or Termination. (a) The closing of the transactions contemplated hereby (the “Closing”) shall occur at the office of Seller on the later of (i) June 30, 2007, (ii) two (2) working days after satisfaction of all conditions to Closing, or (iii) five (5) working days after expiration (or waiver, if earlier) of any applicable preferential purchase rights or consent to assign period. Notwithstanding any provision herein to the contrary, in no event shall the Closing occur later than July 31, 2007. If the transactions contemplated by the Membership Interest Purchase Agreement between Buyer and Forest Alaska Holding LLC have not closed prior to Closing, for any reason, then Buyer and Seller may each elect to terminate this Agreement. Unless otherwise waived in writing prior to the Closing, the obligation of Buyer to complete the Closing is subject to receipt by Buyer of (i) the proceeds of the debt financing contemplated by the commitment letter to the Buyer, dated the date hereof, a copy of which has been provided to Seller, or alternative financing sufficient to fund the transactions contemplated herein and in the Membership Interest Purchase Agreement, and (ii) the required consent under the PERL Credit Agreement (collectively, the “Debt Conditions”). At the Closing, the following shall occur:
Closing or Termination. In the event the Closing shall not take place due to failure of any condition required herein, then any party shall have the right to terminate this Agreement, in which event no party shall have any further right or obligation as against any other.
Closing or Termination. At any time prior to the expiration of the thirty (30) day due diligence period, Buyer shall have the right to terminate this Agreement, in the event Buyer is not satisfied with the results of its due diligence examination of the Company by so notifying Seller in writing and, provided such termination notice is received by Seller within such thirty (30) day period, the Agreement shall be terminated and Seller shall return the Xxxxxxx Money to Buyer. In the event Seller does not receive such termination notice within such period, Buyer shall be deemed to be satisfied with its due diligence examination of the Company, each of Buyer and Seller shall file its HSR Act filing within two business days thereafter and, subject to the satisfaction of waiver of the closing conditions set forth in this Agreement, the sale and purchase of the Shares shall be closed within thirty-two (32) days after the expiration of the due diligence period.
Closing or Termination. (a) The Transaction contemplated by this Agreement shall be completed on the Closing Date, if the Closing Date falls on or before February 5, 2009.
Closing or Termination. In the event the Closing of this Agreement shall not take place by July 31, 2001, due to failure of any condition of closing required herein, then any party shall have the right to terminate this Agreement, in which event no party shall have any further right or obligation as against any other. If GLOBAL or TURFCLUB shall fail to close for any reason other than failure of any condition of closing required herein to be performed on the part of IMSCO, then GLOBAL and TURFCLUB shall each pay to IMSCO one-half of the reasonable costs for legal fees incurred in connection with the proposed Merger and IMSCO Private Placement, such sum not to exceed $30,000.
Closing or Termination. The closing of this Agreement shall be deemed to take place simultaneously with the closing under the Registration Statement and approval for quotation on the NASD OTC Bulletin Board. In the event the Closing of this Agreement shall not take place by sixty (60) days from the date hereof, time being of the essence, then any Party shall have the right to terminate this Agreement in which event no Party shall have any further right or obligation as against any other.
