Common use of Failure to Satisfy Conditions Clause in Contracts

Failure to Satisfy Conditions. If any condition set forth in Sections ----------------------------- 6.1 or 6.2 is not satisfied on or before the Closing Time, the Party entitled to the benefit of such condition may send notice in writing to the other Party that this Agreement is to be terminated. 6.5

Appears in 2 contracts

Samples: Agreement (Bid Com International Inc), Agreement (Bid Com International Inc)

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Failure to Satisfy Conditions. If Subject to Section 2.2, if any condition set forth in Sections ----------------------------- Section 6.1 or 6.2 is not satisfied on at the Closing Time, or before if it becomes apparent that any such condition cannot be satisfied at the Closing Time, the Party entitled to the benefit of such condition (the “First Party”) may send terminate this Agreement by notice in writing to the other Party that this Agreement is to be terminated. 6.5and in such event:

Appears in 2 contracts

Samples: Asset Purchase Agreement (MDS Inc), Asset Purchase Agreement (LPBP Inc)

Failure to Satisfy Conditions. If any condition set forth in Sections ----------------------------- 6.1 or 6.2 is not satisfied on at the Closing Time, or before if it becomes apparent that any such condition cannot be satisfied at the Closing Time, the Party entitled to the benefit of such condition (the “First Party”, it being understood that the Rxx Parties are considered for this purpose to be one Party) may send terminate this Agreement by notice in writing to the other Party that this Agreement is to be terminated. 6.5and in such event:

Appears in 1 contract

Samples: Purchase Agreement (MDS Inc)

Failure to Satisfy Conditions. If any condition set forth in Sections ----------------------------- 6.1 or 6.2 is not satisfied on at the Closing Time, or before if it becomes apparent that any such condition can not be satisfied at the Closing Time, the Party entitled to the benefit of such condition (the “First Party”), may send terminate this Agreement by notice in writing to the other Party that this Agreement is to be terminated. 6.5and in such event:

Appears in 1 contract

Samples: Share Purchase Agreement (Imperial Parking Corp)

Failure to Satisfy Conditions. If any condition set forth in Sections ----------------------------- 6.1 or 6.2 is not satisfied on at the Closing Time, or before if it becomes apparent that any such condition can not be satisfied at the Closing Time, the Party entitled to the benefit of such condition (the "FIRST PARTY") may send terminate this Agreement by notice in writing to the other Party that this Agreement is to be terminated. 6.5and in such event:

Appears in 1 contract

Samples: Asset Purchase Agreement (Draxis Health Inc /Cn/)

Failure to Satisfy Conditions. (a) If any condition set forth in Sections ----------------------------- 6.1 or 6.2 is not satisfied on or before waived by the applicable beneficiary of such condition at the Closing Time, or if it becomes apparent that any such condition can not be satisfied at the Closing Time, the Party entitled to the benefit of such condition (the “First Party”) may send terminate this Agreement by notice in writing to the other Party that this Agreement is to be terminated. 6.5and in such event:

Appears in 1 contract

Samples: Agreement (Cascade Corp)

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Failure to Satisfy Conditions. If any condition set forth in Sections ----------------------------- 6.1 5.01, 5.02 or 6.2 5.03 is not satisfied on or before waived at the Closing Time, or if it becomes apparent that any such condition cannot be satisfied or will not be waived at the Closing Time, the Party or Parties entitled to the benefit of such condition may send terminate this Agreement by notice in writing to the other Party that this Agreement is or Parties and without prejudice to be terminated. 6.5any other rights or remedies of the terminating Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (NWT Uranium Corp.)

Failure to Satisfy Conditions. If any condition set forth in Sections ----------------------------- 6.1 5.1 or 6.2 5.2 is not satisfied on at the Closing Time, or before if it becomes apparent that any such condition cannot be satisfied at the Closing Time, the Party entitled to the benefit of such condition (the "First Party") may send terminate this Agreement by notice in writing to the other Party that this Agreement is to be terminated. 6.5Party, and in such event:

Appears in 1 contract

Samples: Option Agreement (Silver Stream Mining Corp.)

Failure to Satisfy Conditions. If any condition set forth in Sections ----------------------------- 6.1 5.1 or 6.2 5.2 is not satisfied on at the Closing Time, or before if it becomes apparent that any such condition cannot be satisfied at the Closing Time, the Party entitled to the benefit of such condition (the “First Party”) may send terminate this Agreement by notice in writing to the other Party that this Agreement is to be terminated. 6.5and in such event:

Appears in 1 contract

Samples: Share Purchase Agreement (Team Inc)

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