Common use of Procedures and Effect of Termination Clause in Contracts

Procedures and Effect of Termination. In order to effect the ------------------------------------ termination of this Agreement pursuant to, and in accordance with, the terms and conditions of any provision of Section 6.2 hereof, written notice of such ----------- termination shall be given by a party to the other party

Appears in 2 contracts

Samples: Asset Purchase Agreement (Nm Licensing LLC), Asset Purchase Agreement (Nm Licensing LLC)

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Procedures and Effect of Termination. In order to effect the ------------------------------------ termination of this Agreement pursuant to, and in accordance with, the terms and conditions of any provision of Section 6.2 hereof, written notice of such ----------- termination shall be given by a party to the other partyparty to this Agreement and this Agreement, assuming the relevant provision of Section 6.2 has been ----------- satisfied, shall terminate and the transactions contemplated hereby shall be abandoned, without further action by either of the parties hereto. If this Agreement is terminated as provided herein:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Nm Licensing LLC), Asset Purchase Agreement (Nm Licensing LLC)

Procedures and Effect of Termination. In order to effect the ------------------------------------ ------------------------------------- termination of this Agreement pursuant to, and in accordance with, the terms and conditions of any provision of Section 6.2 hereof14.1, written notice of such ----------- termination shall be given by a party to the other partyparty to this Agreement and this Agreement, assuming the relevant provision of Section 14.1 has been satisfied, shall terminate and ------------ the transactions contemplated hereby shall be abandoned, without further action by either of the parties hereto. If this Agreement is terminated as provided herein:

Appears in 1 contract

Samples: Contribution and Purchase and Sale Agreement (Nm Licensing LLC)

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Procedures and Effect of Termination. In order to effect the ------------------------------------ termination of this Agreement pursuant to, and in accordance with, the terms and conditions of any provision of Section 6.2 hereof17.1, written notice of such ----------- termination ------------ shall be given by a party to the other partyparty to this Agreement and this Agreement, assuming the relevant provision of Section 17.1 has been satisfied, shall terminate and ------------ the transactions contemplated hereby shall be abandoned, without further action by either of the parties hereto. If this Agreement is terminated as provided herein:

Appears in 1 contract

Samples: Asset Purchase Agreement (Nm Licensing LLC)

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