Common use of Initial Purchase Event Clause in Contracts

Initial Purchase Event. If an Initial Purchase Event (as defined below) occurs, this Transaction shall terminate automatically in its entirety and, notwithstanding anything to the contrary herein, only the payments specified below shall be required hereunder in connection with such Initial Purchase Event.

Appears in 11 contracts

Samples: Letter Agreement (General Cable Corp /De/), Master Agreement (Morgans Hotel Group Co.), Letter Agreement (Anixter International Inc)

AutoNDA by SimpleDocs

Initial Purchase Event. If an Initial Purchase Event (as defined below) occurs, this the Transaction shall terminate automatically in its entirety and, notwithstanding anything to the contrary herein, only the payments specified below shall be required hereunder in connection with the Additional Termination Event arising as a result of such Initial Purchase Event.

Appears in 2 contracts

Samples: Gilead Sciences Inc, Gilead Sciences Inc

AutoNDA by SimpleDocs

Initial Purchase Event. If an Initial Purchase Event (as defined below) occurs, this the Transaction shall terminate automatically in its entirety and, notwithstanding anything to the contrary herein, only the payments specified below shall be required hereunder in connection with such Initial Purchase Event.

Appears in 2 contracts

Samples: Iconix Brand Group, Inc., Iconix Brand Group, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.