Common use of Procedure Upon Termination Clause in Contracts

Procedure Upon Termination. In the event of termination and abandonment pursuant to Section 10.1 hereof, written notice thereof shall forthwith be given to the other parties hereto and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned without further action by the Buyer or the Seller.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Kti Inc), Asset Purchase Agreement (Kti Inc), Asset Purchase Agreement (Kti Inc)

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Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Acquirors or Sellers, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto Parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby purchase of the Subject Interests hereunder shall be abandoned abandoned, without further action by the Buyer Acquirors or the SellerSellers.

Appears in 3 contracts

Samples: Purchase Agreement (Kelso GP VIII, LLC), Purchase Agreement (Tallgrass KC, LLC), Purchase Agreement (Tallgrass Holdings, LLC)

Procedure Upon Termination. In the event of termination and abandonment by the Purchaser or the Seller pursuant to Section 10.1 hereof8.1, written notice thereof of such termination shall forthwith be given to the other parties hereto Parties, and this Agreement shall thereupon terminate and the transactions contemplated hereby shall be abandoned without further action by the Buyer or the Sellerany Party.

Appears in 2 contracts

Samples: Share Purchase Agreement (NetEase, Inc.), Share Purchase Agreement (Alibaba Group Holding LTD)

Procedure Upon Termination. In the event of termination and abandonment by the Seller Representative or Purchaser, or both, pursuant to Section 10.1 hereof10.01, written notice thereof specifying the relevant provision under which termination is made shall forthwith be given to the other parties hereto and this Agreement shall terminate party or parties, and the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by any of the Buyer Seller Representative, the Company or the SellerPurchaser.

Appears in 2 contracts

Samples: Transaction Agreement (Replay Acquisition LLC), Transaction Agreement (Replay Acquisition Corp.)

Procedure Upon Termination. In the event of termination and abandonment by the Owner or the Purchaser, or both, pursuant to Section 10.1 hereof9.01, written notice thereof shall forthwith be given to the other parties hereto party, and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned terminate, without further action by any of the Buyer or the Sellerparties hereto.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Unrivaled Brands, Inc.), Stock Purchase Agreement

Procedure Upon Termination. In the event of termination and abandonment by the Purchaser or the Seller pursuant to Section 10.1 7.1 hereof, written notice thereof of such termination shall forthwith be given to the other parties hereto Parties, and this Agreement shall thereupon terminate and the transactions contemplated hereby shall be abandoned without further action by the Buyer or the Sellerany Party.

Appears in 2 contracts

Samples: Share Purchase Agreement (eHi Car Services LTD), Share Purchase Agreement (eHi Car Services LTD)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or the Company, or both, pursuant to Section 10.1 8.1 hereof, written notice thereof shall forthwith be given to the other parties hereto party or parties, which written notice shall specify the provision or provisions hereof pursuant to which such termination is being effected, and this Agreement shall terminate (subject to the provisions of Section 8.3(a)), and the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by the Buyer or the SellerCompany.

Appears in 2 contracts

Samples: Merger Agreement (Plug Power Inc), Merger Agreement (Plug Power Inc)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement pursuant to Section 10.1 hereof10.1, written notice thereof shall forthwith be given to the other party or parties hereto and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned abandoned, without further action by the Buyer Sellers or the SellerBuyer.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Cn Biosciences Inc), Stock Purchase Agreement (Cn Biosciences Inc)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Acquiror or Seller, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto Parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby purchase of the Subject Interests hereunder shall be abandoned abandoned, without further action by the Buyer Acquiror or the Seller.

Appears in 2 contracts

Samples: Purchase Agreement (HP Bulk Storage Manager, LLC), Purchase Agreement (Sprague Resources Holdings LLC)

Procedure Upon Termination. In the event of termination and abandonment by Seller or Purchaser, or both, pursuant to Section 10.1 hereof8.1, written notice thereof shall forthwith be given to the other parties hereto party hereto, and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned terminate, without further action by the Buyer Seller or the SellerPurchaser.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement

Procedure Upon Termination. In the event of termination and abandonment by Buyer or the Company, or both, pursuant to Section 10.1 8.1 hereof, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by the Buyer or the SellerCompany.

Appears in 1 contract

Samples: Merger Agreement (TransDigm Group INC)

Procedure Upon Termination. In Subject to Section 10.3, in the event of termination and abandonment by Purchaser or the Seller Representative, or both, pursuant to Section 10.1 hereof, written notice thereof shall forthwith be given to the other parties hereto parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby shall be abandoned abandoned, without further action by Purchaser, the Buyer Sellers, the Seller Representative, Blocker or the SellerCompany.

Appears in 1 contract

Samples: Securities Purchase Agreement (Fox Factory Holding Corp)

Procedure Upon Termination. In the event of termination and abandonment by Seller or Purchaser, or both, pursuant to Section 10.1 hereof8.1, written notice thereof specifying the relevant provision under which termination is made shall forthwith be given to the other parties hereto and this Agreement shall terminate party or parties, and the transactions contemplated hereby by this Agreement shall be abandoned abandoned, without further action by any of Seller, the Buyer Company or the SellerPurchaser.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ingersoll Rand Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller pursuant to Section 10.1 hereof8.1, written notice thereof shall forthwith be given to the other parties hereto Party or Parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby shall be abandoned abandoned, without further action by the Buyer Buyer, Seller or the SellerCompany.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Albany Molecular Research Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto Party or Parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby shall be abandoned abandoned, without further action by the Buyer Purchaser or the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (1847 Holdings LLC)

Procedure Upon Termination. In the event of valid termination and abandonment by the Sellers or the Buyers, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto and this Agreement shall terminate party or parties, and the transactions contemplated hereby Transactions hereunder shall be abandoned abandoned, without further action by any of the Buyer Companies, the Sellers or the SellerBuyers.

Appears in 1 contract

Samples: Transaction Agreement (Americold Realty Trust)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or the Seller Representative pursuant to Section 10.1 hereof, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by Buyer, the Buyer Sellers or the SellerCompany.

Appears in 1 contract

Samples: Purchase Agreement (B&G Foods, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or the Company, or both, pursuant to Section 10.1 8.1 hereof, written notice thereof shall forthwith be given to the other parties hereto party or parties, which written notice shall specify the provision or provisions hereof pursuant to which such termination is being effected, and this Agreement shall terminate (subject to the provisions of Section 8.3(a)), and the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by the Buyer Buyer, Merger Sub or the SellerCompany.

Appears in 1 contract

Samples: Merger Agreement (Am-Source, LLC)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Parent pursuant to Section 10.1 hereof8.1, written notice thereof shall forthwith be given to the other parties hereto Party or Parties in accordance with Section 8.1 and Section 10.4, and this Agreement shall terminate terminate, and the transactions contemplated hereby shall be abandoned abandoned, without further action by the Buyer Buyer, Parent or the SellerCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (STAMPS.COM Inc)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Acquirors or Sellers, or both, pursuant to Section 10.1 hereof10.1, written notice thereof shall forthwith be given to the other parties hereto Parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby purchase of the Subject Interests hereunder shall be abandoned abandoned, without further action by the Buyer Acquirors or the SellerSellers.

Appears in 1 contract

Samples: Purchase Agreement (Devon Energy Corp/De)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or the Seller Representative, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby shall be abandoned abandoned, without further action by Purchaser, the Buyer Company or the SellerEquity Sellers.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Brokerage, Inc.)

Procedure Upon Termination. In the event of termination of this Agreement by Buyer or Seller or by both Buyer and abandonment Seller pursuant to Section 10.1 12.1 hereof, written notice thereof shall forthwith be given to the other party or parties hereto and this Agreement shall terminate and the transactions contemplated hereby herein shall be abandoned without further action by the Buyer or the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cobalis Corp)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Parent, or both, pursuant to Section 10.1 hereof11.1, written notice thereof shall 71 forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby purchase of the Assets hereunder shall be abandoned abandoned, without further action by the Buyer Purchaser or the SellerParent.

Appears in 1 contract

Samples: Asset Purchase Agreement (International Wire Group Inc)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Buyer or Seller, or both, pursuant to Section 10.1 hereof, written notice thereof shall forthwith be given to the other parties hereto party, and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned terminate, without further action by the Buyer or the Seller, subject to Section 10.3 below.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (IHS Inc.)

Procedure Upon Termination. In the event of valid termination and abandonment by the Sellers or Buyer, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto and this Agreement shall terminate party or parties, and the transactions contemplated hereby Transactions hereunder shall be abandoned abandoned, without further action by any of the Buyer Company, the Sellers or the SellerBuyer.

Appears in 1 contract

Samples: Equity Purchase Agreement (RMR Group Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Sellers’ Representative, or both, pursuant to Section 10.1 hereof‎11.1 above, written notice thereof shall forthwith be given to the other parties hereto Parties, and this Agreement shall terminate terminate, and other than as set forth in Section Error! Reference source not found. above, the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by the Buyer Purchaser or the SellerSellers.

Appears in 1 contract

Samples: Share Purchase Agreement (Cellcom Israel Ltd.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Parent or both, pursuant to Section 10.1 8.1 hereof, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby transaction shall be abandoned abandoned, without further action by the Buyer Purchaser or the SellerParent.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Neenah Paper Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or the Seller Representative, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions transaction contemplated hereby shall be abandoned abandoned, without further action by the Buyer or the SellerSellers.

Appears in 1 contract

Samples: Equity Transfer Agreement (Perkinelmer Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, pursuant to Section 10.1 9.1 hereof, written notice thereof shall forthwith be given to the other parties hereto parties, and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned terminate, without further action by the Buyer or the Sellerany other party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Envision Healthcare Corp)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Buyer or the Representative, or both, pursuant to Section 10.1 hereof11.1, written notice thereof shall forthwith be given to Representative by Buyer (in the other parties hereto event Buyer terminates this Agreement) or by the Representative to Buyer (in the event that the Representative terminates this Agreement), and this Agreement shall terminate terminate, and the transactions contemplated hereby shall be abandoned abandoned, without further action by the Buyer or the Sellerparties.

Appears in 1 contract

Samples: Purchase Agreement (Hormel Foods Corp /De/)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or the Company, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto party or parties, which written notice shall specify the provision or provisions hereof pursuant to which such termination is being effected, and this Agreement shall terminate (subject to the provisions of Section 9.3(a)), and the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by the Buyer or the SellerCompany.

Appears in 1 contract

Samples: Merger Agreement (Crown Castle International Corp)

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Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, pursuant to Section 10.1 hereof10.1, written notice thereof specifying the relevant provision under which termination is made shall forthwith be given to the other parties hereto and this Agreement shall terminate party hereto, and the transactions contemplated hereby by this Agreement shall be abandoned abandoned, without further action by any of the Buyer or the Sellerparties hereto.

Appears in 1 contract

Samples: Securities Purchase Agreement (Colony Starwood Homes)

Procedure Upon Termination. In the event of termination and abandonment pursuant to Section 10.1 hereof7.01, written notice thereof shall forthwith be immediately given to the other parties hereto and this Agreement shall terminate and the transactions contemplated hereby shall by this Agreement will be abandoned terminated without any further action by the Buyer or the SellerSellers.

Appears in 1 contract

Samples: Unit Purchase Agreement (Osi Restaurant Partners, Inc.)

Procedure Upon Termination. In the event of termination and abandonment pursuant to Section 10.1 6.1 hereof, written notice thereof shall forthwith be given to the other parties hereto and the transactions contemplated by this Agreement shall terminate and the transactions contemplated hereby shall be abandoned terminated without further action by the Buyer Purchaser or the Seller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Juniper Group Inc)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Acquiror or Sellers, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto Parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby purchase of the Subject Interests hereunder shall be abandoned abandoned, without further action by the Buyer Acquiror or the SellerSellers.

Appears in 1 contract

Samples: Purchase Agreement (Oneok Inc /New/)

Procedure Upon Termination. In the event of termination and abandonment by Sellers or Purchaser, or both, pursuant to Section 10.1 hereof8.01, written notice thereof shall forthwith be given to the other parties hereto parties, specifying the provision(s) hereof pursuant to which such termination is made and the basis therefor described in reasonable detail, and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned terminate, without further action by the Buyer Sellers or the SellerPurchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement

Procedure Upon Termination. In the event of termination and abandonment by the Buyer or the Seller Representative pursuant to Section 10.1 11.1 hereof, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby Transaction shall be abandoned abandoned, without further action by the Buyer Buyer, the Sellers, the Company or the SellerBlocker Corps.

Appears in 1 contract

Samples: Securities Purchase Agreement (Veeco Instruments Inc)

Procedure Upon Termination. In the event of termination and abandonment by either Investor, or both, pursuant to Section 10.1 8.1 hereof, written notice thereof shall forthwith be given to the other parties hereto Investor, which written notice shall specify the provision or provisions hereof pursuant to which such termination is being effected, and this Agreement shall terminate (subject to the provisions of Section 8.3), and the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by the Buyer or the Sellereither Investor.

Appears in 1 contract

Samples: Omnibus Transaction Agreement (Visant Corp)

Procedure Upon Termination. In the event of termination and abandonment by the Sellers, or the Buyer, or both, pursuant to Section 10.1 hereofthis Article 10, written notice thereof shall forthwith be given to the other parties hereto party and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned without further action by the Buyer Sellers or the Seller.Buyer. If this Agreement is terminated as provided herein:

Appears in 1 contract

Samples: Asset Purchase Agreement (Gp Strategies Corp)

Procedure Upon Termination. In the event of termination and abandonment of this Agreement by Purchaser or either of Sellers, or both, pursuant to Section 10.1 hereof10.01, written notice thereof shall forthwith be given to the other parties hereto Party, and this Agreement shall terminate terminate, and the transactions contemplated hereby purchase of the Subject Interests hereunder shall be abandoned abandoned, without further action by the Buyer Purchaser or the SellerSellers.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (America First Multifamily Investors, L.P.)

Procedure Upon Termination. In the event of termination and abandonment by Seller or Purchaser, or both, pursuant to Section 10.1 hereof9.1, written notice thereof specifying the relevant provision under which termination is made shall forthwith be given to the other parties hereto and this Agreement shall terminate party or parties, and the transactions contemplated hereby by this Agreement shall be abandoned abandoned, without further action by any of Seller, the Buyer Company or the SellerPurchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (Barnes Group Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, pursuant to Section 10.1 10.01 hereof, written notice thereof shall forthwith be given to the other parties hereto party, and this Agreement shall terminate terminate, and the transactions contemplated hereby hereunder shall be abandoned abandoned, without further action by the Buyer or the Seller.

Appears in 1 contract

Samples: LLC Purchase Agreement (Boston Gear LLC)

Procedure Upon Termination. (a) In the event of termination and abandonment pursuant to Section 10.1 hereof7.2(a), (b) or (c), written notice thereof shall forthwith be given to the other parties hereto and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned without further action by any of the Buyer or the Sellerparties hereto.

Appears in 1 contract

Samples: Merger Agreement (FUND.COM Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Sellers pursuant to Section 10.1 5.2 hereof, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby hereunder shall be abandoned abandoned, without further action by the Buyer Purchaser or the SellerSellers.

Appears in 1 contract

Samples: Purchase Agreement (Banctec Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or the Company, or all, pursuant to Section 10.1 9.1 hereof, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby purchase of the Purchased Assets hereunder shall be abandoned abandoned, without further action by the Buyer Purchaser or the SellerCompany.

Appears in 1 contract

Samples: Asset Purchase Agreement (Soy Energy, LLC)

Procedure Upon Termination. In the event of termination and abandonment pursuant to Section 10.1 hereof8.1, written notice thereof shall forthwith be given to the other parties hereto and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned without further action by any of the Buyer or the Sellerparties hereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Duke Energy CORP)

Procedure Upon Termination. In the event of valid termination and abandonment by the Sellers’ Representative or Buyer, or both, pursuant to Section 10.1 hereof9.1, written notice thereof shall forthwith be given to the other parties hereto and this Agreement shall terminate party or parties, and the transactions contemplated hereby Transactions hereunder shall be abandoned abandoned, without further action by any of the Buyer Company, the Sellers or the SellerBuyer.

Appears in 1 contract

Samples: Equity Purchase Agreement (Americold Realty Trust)

Procedure Upon Termination. In the event of termination and abandonment pursuant to Section 10.1 hereof, written notice thereof shall forthwith be given to the other parties hereto and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned without further action by the Buyer or the SellerSellers.

Appears in 1 contract

Samples: Securities Purchase Agreement (Kti Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer, on the one hand, or Sellers, on the other hand, or both, pursuant to Section 10.1 hereof8.1, written notice thereof shall forthwith be given to the other parties hereto Party or Parties, and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned abandoned, without further action by the Buyer or the SellerSellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (Wet Seal Inc)

Procedure Upon Termination. In the event of termination and abandonment by Buyer or Seller, or both, pursuant to Section 10.1 hereof8.1, written notice thereof shall forthwith be given to the other parties hereto party or parties, and this Agreement shall terminate terminate, and the transactions contemplated hereby Transactions shall be abandoned abandoned, without further action by the Buyer or the Seller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kratos Defense & Security Solutions, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by the Company or any Investor pursuant to Section 10.1 hereof9.1, written notice thereof specifying the provision of this Agreement pursuant to which such termination is effected, shall forthwith be given to the other parties hereto hereto, and, solely with respect to a termination by the Company and all of the Investors, and this Agreement shall terminate terminate, and the transactions contemplated hereby purchase of the Shares hereunder shall be abandoned abandoned, without further action by the Buyer or the Sellerparties hereto.

Appears in 1 contract

Samples: Share Purchase and Registration Rights Agreement (QLT Inc/Bc)

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