Common use of Failure to Fulfill Conditions Clause in Contracts

Failure to Fulfill Conditions. In the event that any Party determines ----------------------------- that a material condition to its or the other's obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to August 31, 1999 (the "Deadline Date"), it will promptly notify the other Party. Except for any acquisition or merger discussions Purchaser may enter into with other persons, each Party will promptly inform the other Parties of any facts applicable to it that would be likely to prevent or materially delay consummation of the transactions contemplated by this Agreement.

Appears in 4 contracts

Samples: Acquisition Agreement (Netzee Inc), Merger Agreement (Intercept Group Inc), Merger Agreement (Netzee Inc)

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Failure to Fulfill Conditions. In the event that any Party determines ----------------------------- that a material condition to its or the other's obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to August 31May 1, 1999 (the "Deadline Date")2001, it will promptly notify the other Party. Except for any acquisition or merger discussions Purchaser may enter into with other persons, each Each Party will promptly inform the other Parties Party of any facts applicable to it that would be likely to prevent or materially delay consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Netzee Inc)

Failure to Fulfill Conditions. In the event that any Party determines ----------------------------- that a material condition to its or the other's obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to August 31December 1, 1999 1998 (the "Deadline DateDEADLINE DATE"), it will promptly notify the other Party. Except for any acquisition or merger discussions Purchaser Parent may enter into with other personsPersons, each Party will promptly inform the other Parties of any facts applicable to it that would be likely to prevent or materially delay consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Towne Services Inc)

Failure to Fulfill Conditions. In the event that any Party determines ----------------------------- that a material condition to its or the other's obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to August 31September 2, 1999 (the "Deadline Date"), it will promptly notify the other Party. Except for any acquisition or merger discussions Purchaser may enter into with other persons, each Each Party will promptly inform the other Parties of any facts applicable to it that would be likely to prevent or materially delay consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Netzee Inc)

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Failure to Fulfill Conditions. In the event that any Party determines ----------------------------- that a material condition to its or the other's obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to August 31June 15, 1999 2000 (the "Deadline Date"), it will promptly notify the other Party. Except for any acquisition or merger discussions Purchaser may enter into with other persons, each Each Party will promptly inform the other Parties of any facts applicable to it that would be likely to prevent or materially delay consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tanners Restaurant Group Inc)

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