Defaults Permitting Termination. If either Buyer or Seller materially defaults in the due and timely performance of any of its warranties, covenants, or agreements under this Agreement, the non-defaulting party or parties may on the Closing Date give notice of termination of this Agreement, in the manner provided in Article 19. The notice shall specify with particularity the default or defaults on which the notice is based. The termination shall be effective five days after the Closing Date, unless the specified default or defaults have been cured on or before this effective date for termination.
Defaults Permitting Termination. If either SmartGate or Pubco materially default in the due and timely performance of any of their warranties, covenants, or agreements under this Agreement, or upon failure of a condition precedent, the non-defaulting party or parties may on or prior to the Closing Date give notice of termination of this Agreement, in the manner provided in Section 13.6. The notice will specify with particularity the default or defaults on which the notice is based. The termination will be effective five business days after the addressee receives the notice, unless the specified default or defaults have been cured on or before the effective date for termination. Except as otherwise expressly provided herein, upon termination here under neither party shall continuing have any responsibility to the other party
Defaults Permitting Termination. If either Buyer or Seller materially defaults in the due and timely performance of any of its warranties, covenants, or agreements under this Agreement, the non- defaulting party or parties may on the Closing Date give notice of termination of this Agreement, in the manner provided in Article 17. The notice shall specify with particularity the default or defaults on which the notice is based. The termination shall be effective five days after the Closing Date, unless the specified default or defaults have been cured on or before this effective date for termination. Upon material default of the Buyer's payment obligations under this Agreement, the Seller may foreclose its security interest in the assets as referred to in paragraph 2(f) above.
Defaults Permitting Termination. If either Buyers or Selling Parties materially default in the due and timely performance of any of its or their warranties, covenants, or agreements under this Agreement, the nondefaulting party or parties may on the Closing Date give notice of termination of this Agreement, in the manner provided in Section 11.11. The notice shall specify with particularity the default or defaults on which the notice is based. The termination shall be effective Two (2) calendar days after the Closing Date, unless the specified default or defaults have been cured on or before this effective date for termination.
Defaults Permitting Termination. If either Buyer or Seller materially default in the due and timely performance of any of their warranties, covenants, or agreements under this Agreement and such default is not cured within ten (10) business days, the non-defaulting party or parties may, on or before the Closing Date, give notice of termination of this Agreement, in the manner provided in Article XVI. This notice shall specify with particularity the default or defaults on which the notice is based. The termination shall be effective five (5) days after the giving of notice unless the specified default or defaults have been cured on or before this effective date for termination.
Defaults Permitting Termination. If, before the Closing, either Buyer or Corporation materially defaults in the due and timely performance of any of their covenants, or agreements under this Agreement, or if any representation or warranty becomes materially untrue, the nondefaulting party or parties may terminate this Agreement, provided that, if the default or breach of the covenant or agreement, or untruth in the representation, can be cured, termination will not be effective for thirty (30) days after delivery of written notice of intent to terminate, and if the breach is cured within that time, the nondefaulting party will have no right to terminate this Agreement on account of that breach. In addition, no party may exercise any right to terminate under this paragraph if it is in material breach of this Agreement.
Defaults Permitting Termination. If prior to Closing either ProxyMed or a Selling Party materially defaults in the due and timely performance of any of its representations, warranties, covenants or agreements under the Agreement, the non-defaulting party or parties may give notice of termination of the Agreement, in the manner provided in Article 18. The notice shall specify with particularity the default or defaults on which the notice is based. The termination shall be effective ten (10) business days (and if the ten (10) days are prior to the scheduled date of Closing, such Closing shall be extended for the same time to enable the defaulting party to cure the specified default or defaults on or before this effective date for termination) Subject to Section 16.4, such termination shall not waive, release or discharge the non-defaulting parties' rights to seek legal and equitable relief.
Defaults Permitting Termination. If either Purchaser or Selling Parties materially default in the due and timely performance of any of its or their obligations, warranties, covenants, conditions precedent or agreements under this Agreement, the nondefaulting Party or Parties, at its or their option, may on the Closing Date give notice of termination of this Agreement, in the manner provided in Section 12.11. The notice shall specify with particularity the default or defaults on which the notice is based. The termination shall be effective five (5) days after the Closing Date, unless the specified defaults shall have been cured on or before the Effective Date for termination, or unless otherwise set forth in a writing executed by all Parties hereto.
Defaults Permitting Termination. If either Buyer or a Selling Party materially defaults in the due and timely performance of any of its representations, warranties, covenants or agreements under this Agreement, the non-defaulting party or parties may on the Closing Date give notice of termination of this Agreement, in the manner provided in Article 18. The notice shall specify with particularity the default or defaults on which the notice is based. The termination shall be effective three (3) business days after the Closing Date, unless the specified default or defaults have been cured on or before this effective date for termination. Subject to Section 16.4, such termination shall not waive, release or discharge the non-defaulting parties' rights to seek legal and equitable relief.
Defaults Permitting Termination. If either ASPAC, the ASPAC Stockholders or USA materially default in the due and timely performance of any of their warranties, covenants, or agreements under this Agreement, the nondefaulting party or parties may on or prior to the Closing Date give notice of termination of this Agreement, in the manner provided in Section 12.6. The notice will specify with particularity the default or defaults on which the notice is based. The termination will be effective five business days after the notice is received by the addressee, unless the specified default or defaults have been cured on or before the effective date for termination.
