Common use of Return of Deposit Clause in Contracts

Return of Deposit. In the event that this Agreement is terminated other than as in the circumstances contemplated Section 9.1(7), the Deposit shall be promptly returned to the Purchaser by the Monitor. The return of the deposit shall be the Purchaser’s sole and exclusive remedy for any termination of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Return of Deposit. In the event that this Agreement is terminated other than as in a termination by the circumstances contemplated Vendor pursuant to Section 9.1(79.1(6), the Deposit shall be promptly returned to the Purchaser by the MonitorPurchaser. The return of the deposit Deposit shall be the Purchaser’s sole and exclusive remedy for any termination of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Return of Deposit. In the event that this Agreement is terminated other than as in a termination by the circumstances contemplated Vendors pursuant to Section 9.1(79.1(6), the Deposit shall be promptly returned to the Purchaser by the MonitorPurchaser. The return of the deposit Deposit shall be the Purchaser’s sole and exclusive remedy for any termination of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement

Return of Deposit. In the event that Purchaser terminates this Agreement as permitted pursuant to Section 9.1(c), the Purchase Deposit shall be returned to Purchaser. The Purchase Deposit shall also be returned to Purchaser in the event the Agreement is terminated other than as in by mutual agreement pursuant to Section 9.1(a). Interest on the circumstances contemplated Section 9.1(7), the Purchase Deposit shall be promptly returned paid out to Purchaser when the Purchaser by the Monitor. The return of the deposit shall be the Purchaser’s sole and exclusive remedy for any termination of this AgreementPurchase Deposit is paid out.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medimmune Inc /De)

Return of Deposit. In the event that this Agreement is terminated other than as in a termination by the circumstances contemplated Vendors pursuant to Section 9.1(710.1(6), the Deposit shall be promptly returned to the Purchaser by the MonitorPurchaser. The return of the deposit Deposit shall be the Purchaser’s sole and exclusive remedy for any termination of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement

Return of Deposit. In the event that this Agreement is terminated other than as in a termination by the circumstances contemplated Vendor pursuant to Section 9.1(79.1(6), the Deposit shall be promptly returned to the Purchaser by the MonitorPurchaser. The return of the deposit Deposit shall be the Purchaser’s sole and exclusive remedy for any termination of this AgreementAgreement unless such termination results from the gross negligence or willful breach of the terms of this Agreement by the Vendor.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Return of Deposit. In the event that this Agreement is terminated other than as in the circumstances contemplated Section 9.1(7), the Deposit shall be promptly returned to the Purchaser by the Monitor. The return of the deposit shall be the Purchaser’s sole and exclusive remedy for any Upon termination of this AgreementAgreement by Buyer in accordance with Section 8.1, the Deposit, and any accrued interest, shall be returned to Buyer, or Buyer's nominee.

Appears in 1 contract

Samples: Asset Purchase Agreement (DTVN Holdings Inc)

Return of Deposit. In the event that this Agreement is terminated other than as in a termination by the circumstances contemplated Vendor pursuant to Section 9.1(7), 8.1(6) or 8.1(7) the Deposit shall be promptly returned to the Purchaser by the MonitorPurchaser. The return of the deposit Deposit shall be the Purchaser’s sole and exclusive remedy for any termination of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement

Return of Deposit. In the event that this Agreement is terminated other than as in by a termination by the circumstances contemplated Vendors pursuant to Section 9.1(710.1(6), the Deposit shall be promptly returned in full to the Purchaser by the MonitorPurchaser. The return of the deposit Deposit shall be the Purchaser’s sole and exclusive remedy for any such termination of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement

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