Purchaser’s Right of Termination Sample Clauses

Purchaser’s Right of Termination. Prior to or on the last day of the Inspection Period, Purchaser shall have the absolute right, in Purchaser’s sole and absolute discretion, to give written notice of termination to Seller in the manner hereinafter provided for the giving of notice, advising Seller of Purchaser’s election to terminate this Agreement. Such notice shall be effective only if given by Purchaser and received by Seller on or before the last day of the Inspection Period. If Purchaser does not terminate this Agreement by delivering the termination notice set forth in this Paragraph, then Purchaser shall be deemed to have waived the right to terminate this Agreement.
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Purchaser’s Right of Termination. This Agreement may be terminated by Purchaser (i) in accordance with the terms and conditions of Sections 4.1(a), 4.2(d), 7.10, 13.1(a) or 13.2(a) of this Agreement, (ii) if any of the Mutual Closing Conditions in Section 8.1 has not been satisfied on or before the Closing Date, (iii) if any of the Purchaser Closing Conditions in Section 8.2 has not been satisfied on or before the Closing Date, (iv) upon a Seller Default, or (v) if the General Partner has withdrawn, amended or modified the GP Recommendation or approved or recommended any Superior Acquisition Proposal.
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Purchaser’s Right of Termination. This Agreement may be terminated by Purchaser (i) in accordance with the terms and conditions of Sections 4.1, 5.3.2, 13.7, 14.1.1, 14.1.2 or 16.13 of this Agreement, (ii) if any of the Mutual Closing Conditions in Section 9.1 has not been satisfied by the Closing Date, (iii) if any of the Purchaser Closing Conditions in Section 9.2 has not been satisfied on or before the Closing Date, or (iv) upon a Seller Default.
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Purchaser’s Right of Termination. Purchaser shall have the right to terminate this Agreement within seven (7). If the Purchaser elects to cancel this Agreement pursuant to the terms hereof, Purchaser may do so by hand delivering notice thereof to the Developer or by mailing notice thereof by prepaid United States mail to the Developer. However, if Purchaser does not deliver to Developer notice terminating this Agreement as provided for herein, Purchaser shall have no further rights to terminate. Upon such proper cancellation and termination by Purchaser, all sums paid to Escrow Agent by Purchaser, together with interest accrued thereon, will be repaid to Purchaser forthwith upon demand. Upon return to Purchaser of all sums, the parties hereto shall be released from all obligations under this Agreement and, thereupon, neither party hereto shall have any further liability to the other.
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Purchaser’s Right of Termination. Notwithstanding anything contained in this Agreement to the contrary and in addition to any other rights of termination of the Purchaser under this Agreement, if at any time prior to the Closing, any of the studies, inspections, audits, reviews or other activities performed pursuant to Section 2.9, or any other information (including information related to any Permits or the Purchaser’s financing o f the transactions contemplated herein), however gathered or obtained, shall reveal information or conditions unacceptable to the Purchaser, in its sole discretion, then Purchaser shall have the option to terminate this Agreement. Upon receipt of such notice, this Agreement shall terminate and thereafter be null and void and of no further force and effect.
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Purchaser’s Right of Termination. The Purchaser shall have the right to terminate each License Agreement pursuant to the terms set forth in each respective License Agreement in the event that the Company has not completed the Additional Financing.
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Purchaser’s Right of Termination. Purchaser shall have until the Inspection Date to determine, in Purchaser's sole discretion, whether the use of the Property as presently intended by Purchaser is physically, economically and operationally feasible. In the event Purchaser determines in its sole discretion that the Property is not satisfactory to Purchaser for any reason whatsoever, then Purchaser may, by written notice to Seller given on or before the Inspection Date, or in the event that Purchaser fails to give notice, (the "TERMINATION NOTICE"), terminate this Agreement, in which event Escrow Agent shall promptly pay to Seller the $100.00 termination fee referred to in Paragraph 9.1 and refund the remainder of the Initial Deposit and interest accrued thereon to Purchaser, whereupon the rights and obligations of the parties under this Agreement shall terminate, except for the Obligations Surviving Termination.
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Purchaser’s Right of Termination. Purchaser shall have the right to terminate this Agreement within seven (7) days after first receiving the Prospectus. The Purchaser acknowledges receiving the Prospectus simultaneously with, or prior to, Purchaser's execution of this Agreement. If the Purchaser elects to cancel this Agreement pursuant to the terms hereof, Purchaser may do so by hand delivering notice thereof to the Developer or by mailing notice thereof by prepaid United States mail to the Developer. However, if Purchaser does not deliver to Developer notice terminating this Agreement as provided for herein, Purchaser shall have no further rights to terminate. Upon such proper cancellation and termination by Purchaser, all sums paid to Escrow Agent by Purchaser, together with interest accrued thereon, will be repaid to Purchaser forthwith upon demand. Upon return to Purchaser of all sums, the parties hereto shall be released from all obligations under this Agreement and, thereupon, neither party hereto shall have any further liability to the other.
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Related to Purchaser’s Right of Termination

  • Right of Termination This Agreement may be terminated at any time at or prior to the Closing:

  • Waiver of Termination Rights The Employee waives any and all rights to compensation or damages as a result of a Termination, insofar as those rights result or may result from: (a) the loss or diminution in value of such rights or entitlements under the Program; or (b) the Employee ceasing to have rights, or ceasing to be entitled to any Awards under the Program as a result of such Termination.

  • Waiver of Termination Right Landlord and Tenant agree that the foregoing provisions of this Paragraph 20 are to govern their respective rights and obligations in the event of any damage or destruction and supersede and are in lieu of the provisions of any applicable law, statute, ordinance, rule, regulation, order or ruling now or hereafter in force which provide remedies for damage or destruction of leased premises (including, without limitation, to the extent the Premises are located in California, the provisions of California Civil Code Section 1932, Subsection 2, and Section 1933, Subsection 4 and any successor statute or laws of a similar nature).

  • Purchaser’s Right to Terminate Anything in any of the Transaction Documents to the contrary notwithstanding, each Purchaser has the right to demand and receive back from the Company such Purchaser’s Subscription Amount at any time until a Closing takes place in connection with such Subscription Amount. UNDER NO CIRCUMSTANCES WILL THE PURCHASER’S SUBSCRIPTION AMOUNT BE DELIVERED TO OR UNDER THE CONTROL OR AUTHORITY OF ANY PLACEMENT AGENT OR BROKER INCLUDING BUT NOT LIMITED TO PALLADIUM CAPITAL ADVISORS, LLC.

  • Executive’s Right to Terminate Notwithstanding the provisions of paragraph 2.1, Executive shall have the right to terminate his employment under this Agreement for any of the following reasons:

  • In the Event of Termination In the event of termination of this Agreement:

  • Rights of Termination Without limiting any of the other provisions of this Agreement, the Agent will be entitled, at its option, to terminate and cancel, without any liability on its part or on the part of the Purchasers, its obligations under this Agreement by giving written notice to the Corporation at any time prior to the Closing Time if, after the date hereof and at any time prior to the Closing:

  • Landlord’s Right to Terminate Landlord shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Tenant of a written notice of election to terminate within thirty days after the date of such damage or destruction:

  • Buyer’s Termination Right If, prior to Closing and the delivery of possession of the Property to Buyer in accordance with this Contract, (a) any condemnation proceeding shall be pending against a substantial portion of the Hotel or (b) there is any substantial casualty loss or damage to the Hotel, Buyer shall have the option to terminate this Contract, provided Buyer delivers written notice to Seller of its election within twenty (20) days after the date Seller has delivered Buyer written notice of any such loss, damage or condemnation as provided above, and in such event, the Xxxxxxx Money Deposit, and any interest thereon, shall be delivered to Buyer and thereafter, except as expressly set forth herein, no party shall have any further obligation or liability to the other under this Contract. In the context of condemnation, “substantial” shall mean condemnation of such portion of a Hotel (or access thereto) as could, in Buyer’s reasonable judgment, render use of the remainder impractical or unfeasible for the uses herein contemplated, and, in the context of casualty loss or damage, “substantial” shall mean a loss or damage in excess of One Hundred Thousand and No/100 Dollars ($100,000.00) in value.

  • Manner of Termination The Party terminating this Agreement pursuant to Section 8.1 (other than pursuant to Section 8.1(a)) must deliver prompt written notice thereof to the other Parties setting forth in reasonable detail the provision of Section 8.1 pursuant to which this Agreement is being terminated and the facts and circumstances forming the basis for such termination pursuant to such provision.

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