Rescission Agreement Sample Clauses
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Rescission Agreement. STI and the STI Principal Stockholders shall have executed and delivered the Rescission Agreement.
Rescission Agreement. The SELLER and the Company have the right to unwind the Acquisition outlined in this Agreement no earlier than six months from the closing date on the terms and conditions set forth in this Section 6.
a. Upon the earlier of six months or exchange of any initial percentage of the Options the Rescission Agreement is terminated by both parties.
i. The Seller is required to maintain its year-end cash flow and margins as represented in 11.e. below and Exhibit A.
Rescission Agreement. If the Closing occurs before each of the FCC Order and the FCC Renewal Orders has become a Final Action, the Rescission Agreement.
Rescission Agreement. The Purchaser and Welltek Incorporated shall have entered into and effectuated the terms of that certain Rescission Agreement, pursuant to which all transactions between the parties and their Affiliates were rescinded, including, but not limited to, the merger transaction that closed on or about August 29, 2008.
Rescission Agreement. In the event Closing occurs before the FCC Order and the FCC Renewal Orders each shall have become a Final Action, Seller and Buyer on the Closing Date shall enter into the Rescission Agreement attached hereto as Exhibit 2 (the "Rescission Agreement").
Rescission Agreement. KLI, Consonus and the Company shall have executed and delivered the Rescission Agreement.
Rescission Agreement. Within five (5) business days after execution of this Agreement, the parties shall prepare a mutually agreeable rescission agreement that will provide that if an initial public offering of the Company’s common stock is not consummated June 30, 2007 and the term indebtedness and past due trade indebtedness owing by STI to GE is not repaid by such date with the proceeds of the initial public offering, the Mergers will be rescinded by no later than September 30, 2007 (the “Rescission Agreement”).
Rescission Agreement. The Parties mutually agree that the Agreement is hereby rescinded, annulled, abrogated and made void from its inception.