Common use of Conditions; Termination Clause in Contracts

Conditions; Termination. (a) This Agreement shall automatically terminate upon the earlier of (i) September 30, 2010 and (ii) the written notice of the Requisite Locked-Up Holders of the termination of this Agreement; and (b) In the event of termination of this Agreement pursuant to this Section 4, the obligations of the Locked-Up Holders hereunder shall cease, and no party shall have any liability to any other party hereunder; provided, however, that no such termination shall relieve any party of liability for any willful and material breach of this Agreement prior to the effectiveness of such termination.

Appears in 5 contracts

Samples: Lock Up Agreement (Emmis Communications Corp), Lock Up Agreement (Emmis Communications Corp), Lock Up Agreement (King Luther Capital Management Corp)

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Conditions; Termination. (a) This Agreement shall automatically terminate upon the earlier of (i) September 30April 29, 2010 2011 and (ii) three business days following the written notice of the Requisite Locked-Up Holders of the termination of this Agreement; and and (b) In the event of termination of this Agreement pursuant to this Section 4, the obligations of the Locked-Up Holders hereunder shall cease, and no party shall have any liability to any other party hereunder; provided, however, that no such termination shall relieve any party of liability for any willful and material breach of this Agreement prior to the effectiveness of such termination.

Appears in 2 contracts

Samples: Lock Up Agreement (Nisswa Acquisition Master Fund Ltd.), Lock Up Agreement (Zazove Associates LLC)

Conditions; Termination. (a) This Agreement shall automatically terminate upon the earlier of (i) September 30, 2010 and (ii) the written notice of the Requisite Locked-Up Holders of the termination of this Agreement; and and (b) In the event of termination of this Agreement pursuant to this Section 4, the obligations of the Locked-Up Holders hereunder shall cease, and no party shall have any liability to any other party hereunder; provided, however, that no such termination shall relieve any party of liability for any willful and material breach of this Agreement prior to the effectiveness of such termination.

Appears in 1 contract

Samples: Lock Up Agreement (Zazove Associates LLC)

Conditions; Termination. (a) This Agreement shall automatically terminate upon the earlier of (i) September 30, 2010 and (ii) the written notice of the Requisite Locked-Up Holders of the termination of this Agreement; and (b) and In the event of termination of this Agreement pursuant to this Section 4, the obligations of the Locked-Up Holders hereunder shall cease, and no party shall have any liability to any other party hereunder; provided, however, that no such termination shall relieve any party of liability for any willful and material breach of this Agreement prior to the effectiveness of such termination.

Appears in 1 contract

Samples: Lock Up Agreement (Amalgamated Gadget Lp)

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Conditions; Termination. (a) This Agreement shall automatically terminate upon the earlier of (i) September 30April 29, 2010 2011 and (ii) three business days following the written notice of the Requisite Locked-Up Holders of the termination of this Agreement; and (b) In the event of termination of this Agreement pursuant to this Section 4, the obligations of the Locked-Up Holders hereunder shall cease, and no party shall have any liability to any other party hereunder; provided, however, that no such termination shall relieve any party of liability for any willful and material breach of this Agreement prior to the effectiveness of such termination.

Appears in 1 contract

Samples: Lock Up Agreement (Stonerise Capital Management, LLC)

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