Common use of Procedure for Termination Clause in Contracts

Procedure for Termination. If a party has a right to terminate this Agreement under Section 7.1, it may only exercise that right by delivering notice to the other parties of such termination, stating the subsection of Section 7.1 providing the basis for such termination and paying any required fees.

Appears in 4 contracts

Samples: Merger Agreement (Horizon Organic Holding Corp), Merger Agreement (Printcafe Software Inc), Merger Agreement (Dean Foods Co/)

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Procedure for Termination. If a Any party has a right desiring to terminate this Agreement under pursuant to Section 7.1, it may only exercise that right by delivering 9.1 shall give written notice of such termination to the other parties of such termination, stating the subsection of Section 7.1 providing the basis for such termination and paying any required feesto this Agreement.

Appears in 3 contracts

Samples: Real Estate Purchase Agreement (Rollins Inc), Stock Purchase Agreement (Rollins Inc), Membership Interest Purchase Agreement (Rollins Inc)

Procedure for Termination. If a party Party has a right to terminate this Agreement under Section 7.1, it may only exercise that right by delivering notice to the other parties of such termination, stating the subsection of Section 7.1 providing the basis for such termination and paying any required feestermination.

Appears in 2 contracts

Samples: Merger Agreement (Firepond Inc), Merger Agreement (Firepond Inc)

Procedure for Termination. If a party has a right to terminate this Agreement under Section 7.16.1, it may only exercise that right only by delivering written notice of such termination to the other parties of such terminationparties, stating the subsection or subsections of Section 7.1 providing 6.1 that provide the basis for such termination and paying any required feestermination.

Appears in 1 contract

Samples: Merger Agreement (Dixon Ticonderoga Co)

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Procedure for Termination. If In order for a party has a right Party to terminate this Agreement under pursuant to Section 7.18.1, it may only exercise that right by delivering such Party must provide written notice of such termination to the other Party, and such termination will be effective at the time when such terminating Party has provided such notice to the other parties of such termination, stating the subsection of Section 7.1 providing the basis for such termination and paying any required feesParty.

Appears in 1 contract

Samples: Asset Purchase Agreement (MiddleBrook Pharmaceuticals, Inc.)

Procedure for Termination. If a party has a right to terminate A termination of this Agreement under pursuant to Section 7.17.1 will, it may only exercise that right in order to be effective, require action by delivering the terminating Party’s board of directors. A terminating Party will provide written notice of termination to the other parties of such termination, stating the subsection of Section 7.1 providing Parties specifying with reasonable particularity the basis for such termination and paying termination. If more than one provision in Section 7.1 is available to a terminating Party in connection with a termination, a terminating Party may rely on any required feesor all available provisions in Section 7.1 for any termination.

Appears in 1 contract

Samples: Transaction Agreement (1 800 Flowers Com Inc)

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