Common use of Effect of Termination of Merger Agreement Clause in Contracts

Effect of Termination of Merger Agreement. This Amendment shall terminate automatically and be of no further force and effect from and after any termination of the Merger Agreement, whereupon the Rights Agreement shall automatically be the same as it existed immediately prior to the execution and delivery of this Amendment; provided that for the avoidance of doubt, such termination of this Amendment shall not affect the validity and effect of this Amendment prior to such termination. In the event of any termination of the Merger Agreement, the Company shall promptly deliver to the Rights Agent a notice of such termination.

Appears in 2 contracts

Samples: Rights Agreement (Orchid Cellmark Inc), Rights Agreement (Caliper Life Sciences Inc)

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Effect of Termination of Merger Agreement. This Amendment shall automatically terminate automatically and be of no further force and effect from and after any termination of the Merger Agreement, whereupon the Rights Agreement shall automatically be the same as it existed immediately prior to the execution and delivery of this Amendment; , provided that for the avoidance of doubt, such termination of this Amendment shall not affect the validity and effect of this Amendment prior to such termination. In the event of any termination of the Merger Agreement, the Company shall promptly deliver to the Rights Agent American Stock Transfer & Trust Company a notice of such termination.

Appears in 1 contract

Samples: Rights Agreement (Noven Pharmaceuticals Inc)

Effect of Termination of Merger Agreement. This Amendment shall terminate automatically and be of no further force and effect from and after any termination of the Merger Agreement, whereupon the Rights Agreement shall automatically be the same as it existed immediately prior to the execution and delivery of this Amendment; provided that for the avoidance of doubt, such termination of this Amendment shall not affect the validity and effect of this Amendment prior to such termination. In the event of any termination of the Merger Agreement, the Company shall promptly deliver to the Rights Agent Computershare a notice of such termination.

Appears in 1 contract

Samples: Stockholder Rights Agreement (Coley Pharmaceutical Group, Inc.)

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Effect of Termination of Merger Agreement. This If for any reason the Merger Agreement is terminated or the Merger is abandoned, then this Amendment shall terminate automatically and be of no further force and effect from and after any termination of the Merger Agreement, whereupon the Rights Agreement shall be deemed automatically be the same amended without further action to provide such terms and conditions as it existed immediately prior to the execution and delivery of this Amendment; provided that for the avoidance of doubt, such termination of this Amendment shall not affect the validity and effect of this Amendment prior to such termination. In the event of any termination of the Merger Agreement, the Company shall promptly deliver to the Rights Agent a notice of such termination.

Appears in 1 contract

Samples: Rights Agreement (Biosource International Inc)

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