Conditions and Termination. Section 5.1 CONDITIONS TO EACH PARTY'S OBLIGATIONS TO CONSUMMATE THE TRANSACTIONS UNDER THIS AGREEMENT. The respective obligations of each party to consummate the transactions contemplated hereby is subject to the satisfaction at or prior to the Closing of the following conditions:
Conditions and Termination. Fees and Expenses are estimates strictly for the scope of work outlined. Any Addenda to Scope of Work, if approved and directed by Client, are subject to billing at standard hourly fee schedule (above). Either party may terminate this agreement at any time upon thirty (30) days written notice.
Conditions and Termination. 33. With exception to the Phase I notice as provided in section 7, and notice costs and administrative expenses related to Phase I notice as provided at section 16, and subject to Sections 39 and 41, unless the Plaintiffs and the Defendants agree otherwise in writing, this Settlement Agreement shall be automatically terminated and shall become null and void, and no obligation on the part of any of the Parties will accrue, if the Court declines to issue the Notice Approval Order without amendment, if the Court declines to issue the Approval Order without amendment, or if the Approval Order does not become a Final Order.
Conditions and Termination. 1.2.1 Provided that at the time of the occurrence of the first to occur of: (a) the conveyance of the Premises by grant deed and the conveyance of all rents, leases, and profits and all other portions of the Premises by assignments, bills of sale, and other appropriate instruments, all given by the Borrower to the Lender or its designee in accordance with the Modification Agreement, or (b) at the election of the Lender, the conveyance of the Premises through foreclosure of the Deed of Trust (collectively, the "Conveyance Events"), no "Bankruptcy Case" (as hereinafter defined) or "Common Law Civil Action" (as hereinafter defined) has been filed or instituted, then the liability of Guarantor under this Guaranty shall cease and terminate without need for any further act or agreement of the Lender, and at such time the Lender shall execute and deliver such documents and writings as Guarantor may reasonably request to confirm and evidence such termination.
Conditions and Termination. (a) All payments to you under this Agreement are subject to and conditioned upon your continued employment with the Company (or its successor) through the payment date set forth in this Agreement. This Agreement will terminate and be of no further force or effect on the termination of your employment with the Company for any reason.
Conditions and Termination. 2.1 The Parties’ obligations under this Deed are conditional in all respects upon: (i) Closing having occurred; (ii) the VE Member Representative having been established in accordance with clause 12.13.1; and (iii) either:
Conditions and Termination. Without prejudice to any accrued rights, obligations or liabilities, my obligations under this Irrevocable Undertaking shall terminate and be of no further force and effect if:
Conditions and Termination. 2.1 The undertaking of MPT to consider the Merger as provided in Section 3 of this Agreement is subject to the performance by XXX of each and every one of its covenants and other obligations hereunder. The obligations of XXX hereunder are subject to the performance by MPT of each and every one of its covenants and other obligations hereunder.
Conditions and Termination. The conditions specified in Articles VII and VIII of the Reorganization Agreement shall constitute conditions precedent to the obligations of ESELCO and Acquisition as therein provided and if by reason of the provisions of Articles VII and VIII of the Reorganization Agreement, either ESELCO or Acquisition is not obligated to consummate the Merger contemplated by this Plan of Merger, then the party not obligated may terminate this Plan of Merger prior to the Effective Time of Merger by delivery to the other party of written notice of termination prior to the Effective Time of Merger, and thereupon this Plan of Merger shall be terminated without further liability of either party in favor of the other except as provided in the Reorganization Agreement.
Conditions and Termination. Conditions precedent
