Failure to Obtain Financing. Notwithstanding anything to the contrary herein, should Licensee fail to obtain financing in the amount of Five Million Dollars (US$5,000,000) (the "Minimum Financing") by March 31, 2004, NovaDel shall have the right, which right shall continue until such time as Licensee obtains the Minimum Financing, but not the obligation, to immediately terminate this Agreement upon written notice to Licensee.
Failure to Obtain Financing. In the event Developer, despite exercising its reasonable and best efforts to obtain required construction financing for Phase I, fails to obtain financing as specified in the Agreement by the time required in Section 3.10.1(a) and in the Schedule of Performance, either Developer or Authority may terminate this Agreement as provided in Sections 6.4 and 6.5 hereof, respectively.
Failure to Obtain Financing. Notwithstanding anything to the contrary herein, should Licensee fail to obtain the Minimum Financing by [***], NovaDel shall have the right, which right shall continue until such time as Licensee obtains the Minimum Financing, but not the obligation, to immediately terminate this Agreement upon written notice to Licensee.
Failure to Obtain Financing. If the closing of the financing has not occurred by April 1, 1999, then either party may terminate this Agreement upon ten (10)
Failure to Obtain Financing. In the event that the Offer is not --------------------------- consummated by the Cut-Off Date only because Parent was unable to satisfy the Financing Condition the Parent shall pay, or cause to be paid, to the Company, upon demand, an amount equal to $6,000,000 (the "Parent Termination Fee"); provided that if any of the Offer Conditions exist, (excluding the Financing Condition and condition (g) as it applies to the Parent), Parent shall have no obligation to pay the Parent Termination Fee.
Failure to Obtain Financing. Owner and Design-Builder agree that this Agreement is conditioned on Owner receiving financing or a complete full funding commitment for such financing within 180 days of the signing of this Agreement. If Owner has not received financing or a complete full funding commitment for such financing within 180 days of the signing of this Agreement, this Agreement shall terminate. Article 7
Failure to Obtain Financing. In the event Developer, despite exercising its best efforts to obtain required construction financing for the Project, fails to obtain such financing as specified in the Agreement by the time required in the Schedule of Performance, the Developer may terminate this Agreement by notice thereof to Authority/Agency, and Authority/Agency may terminate this Agreement as provided in Section 504 hereof. 400. OPERATION OF HOUSING.
Failure to Obtain Financing. If, after using good faith efforts, Manager is unable, by October 30, 1999, to obtain its financing described in Exhibit 1.7 on commercially reasonable terms, the Management Agreement may be terminated by Sprint PCS, but Sprint PCS agrees it will not exercise any of its rights set forth in Section 11.6 as a result of such termination. Sprint PCS, in its sole discretion, may extend this deadline.
Failure to Obtain Financing. This paragraph gives the Authority a termination right if Developer fails to make progress towards obtaining financing or fails to obtain a financing commitment by an outside date to be agreed on by the parties during the Due Diligence Period. These milestones are intended to give the Authority an ability to terminate the deal if the Developer’s financing does not materialize.
Failure to Obtain Financing. Notwithstanding anything to the contrary herein, should Larasan fail to obtain firm commitments for interim financing in the amount of [ ] on or before [ ], or such other sums as may otherwise be agreed from time to time, in writing between the Parties (the "Minimum Financing"), IntelliPharmaCeutics shall have the right, which right shall continue until such time as Larasan obtains the Minimum Financing, but not the obligation, to immediately terminate this Agreement upon written notice to Larasan.
