Right to Unwind Sample Clauses

Right to Unwind. Company may, at its sole discretion and without stating any reason, request to unwind this Agreement prior to the issuance of the Tokens/coins. If this Agreement is to be unwound, Company may provide you (subject to permissibility under Swiss bankruptcy laws) the purchase amount minus fees and expenses. You shall bear all of your own costs and expenses related to or arising out of the unwind. In case of an unwind as set out above, each Party releases the other Party from any and all claims, which a Party ever had, now has, or hereafter may have against the other arising out of or relating to this Agreement, except for any claims relating to rights and obligations preserved by, created by or otherwise arising out of this Agreement.
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Right to Unwind. (a) In the event that, within ten (10) years from and after the Closing Date, Advocate enters into an agreement (an “Unwind Event”) to (i) sell or lease substantially all the operations of Xxxxxxx Hospital, or (b) undertake a “change of control” of the entire Advocate System to or with a third-party for-profit investor-owned company or a Catholic Health Organization, then Xxxxxxx Foundation shall have the right to initiate the unwinding of this Agreement and to establish Xxxxxxx Hospital and the then-existing Xxxxxxx Corporations (or the operations previously conducted by Xxxxxxx Corporations in the Xxxxxxx Primary Service Area, if such operations have been transferred to Advocate entities) either as independently-governed entities or as an organized integrated health care delivery system which has no membership relationship or other affiliation with Advocate (an “Unwind Transaction”). Advocate has the obligation to provide written notice to Xxxxxxx Foundation within ten (10) business days of the occurrence of an Unwind Event describing the Unwind Event in reasonable detail. (b) If, upon receiving notice of or otherwise becoming aware of the occurrence of an Unwind Event, the Xxxxxxx Foundation desires to effect an Unwind Transaction, it shall send to Advocate a notice describing its intent to effect an Unwind Transaction (an “Unwind Notice”). If Advocate reasonably and in good faith disputes that an Unwind Event has occurred, it shall provide Xxxxxxx Foundation a Dispute Notice within ten (10) business days following delivery of the Unwind Notice by Xxxxxxx, and thereafter the Parties shall attempt in good faith to resolve the dispute, or at either Party’s option, may seek declaratory relief from a court of competent jurisdiction to adjudicate whether an Unwind Event has occurred.
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Right to Unwind. Company may, at its sole discretion and without stating any reason, request to unwind this Agreement prior to the issuance of the Tokens/coins. If this Agreement is to be unwound, Company may provide you (subject to permissibility under Swiss bankruptcy laws) the purchase amount minus fees and expenses. You shall bear all of your own costs and expenses related to or arising out of the unwind. In case of an unwind as set out above, each Party releases the other Party from any and all claims, which a Party ever had, now has, or hereafter may have against the other arising out of or relating to this Agreement, except for any claims relating to rights and obligations preserved by, created by or otherwise arising out of this Agreement. Token/coin Supply – Potential Dilution of the Token/coin Value. The supply of Tokens/coins is controlled by Company. Although not intended, Company may mint further Tokens/coins at any time by a vote of the DIAM Node GMBH’s members. You acknowledge that this means for you that the value of Tokens/coins may get diluted. Tokens/coins have no Rights, Uses or Attributes. Entitlement to Tokens/coins carries no rights, uses, purpose, attributes, functionalities or features, express or implied, including without limitation, any uses, purpose, attributes, functionalities or features, other than as set out above, subject to limitations and conditions in this Agreement. In particular, you acknowledge the Tokens/coins do not represent or confer any ownership right or stake, share or security or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to Diamante Net or Company or any of the Company Parties. Tokens/coins are not intended to be a, security, commodity or any other kind of financial instrument.
Sample 1
Right to Unwind. Should the Events of Reorganization not have occurred during the one-year period following the Closing Date, and only to the extent permitted by applicable law and regulation, for a period of Ninety (90) days following the One (1) year anniversary of the Closing Date (the “Unwinding Period”), MVC shall be entitled to rescind this Agreement and the transactions contemplated hereby (collectively, the “Unwinding”) by providing written notice to Equus in accordance with Section 10(g) below subject, however, to the following; (i) each Party shall return to the other Party the Securities acquired hereunder, free and clear from any Liens or encumbrances (except for such Liens or encumbrances under state and federal securities laws or created or imposed by the Party receiving the returned Securities); and (ii) with respect to any Securities returned pursuant to this Section 6(j), certificates for such Securities shall be accompanied with a duly endorsed stock power executed in blank in favor of the receiving Party in proper form for transfer.
Sample 1
Right to Unwind. If the Funding Conditions are not satisfied on or before the first anniversary of the Closing (or if any circumstances or event occurs that makes it reasonably unlikely that the Funding Conditions will be satisfied on or before the first anniversary of the Closing), other than by reason of a material breach of this Agreement by Armacor, then Armacor, at its option, shall have the right to unwind the transactions contemplated by this Agreement (the “Right to Unwind”) in accordance with this Section 3.
Sample 1

Related to Right to Unwind

  • Right to Opt Out If you do not wish to agree to arbitrate all Disputes in accordance with the terms and conditions of this section, you must advise us in writing at the following address by either hand delivery or a letter postmarked within thirty (30) days following the date you enter into this Agreement. You may opt-out without affecting your application or cardholder status.

  • No Right to Cancel You do not have the right to cancel your subscription or change your mind. Once you sign this Investment Agreement, you are obligated to purchase the Note, no matter what, even if the Offering is over-subscribed and the amount of your Note is reduced.

  • Right to Views Nothing contained in this Agreement shall be construed to limit, impair or affect the right of any employee or representative of an employee to the expression or communication of a view, complaint or opinion on any matter so long as such action does not interfere with the performance of the duties of employment as prescribed in this Agreement or circumvent the rights of the exclusive representative.

  • Right to Cancel 23.1 You have a right to cancel this Agreement within a period of seven days commencing on the date on which this Agreement is concluded or the date on which you receive this Agreement (whichever is later) (the “Cancellation Period”). 23.2 Should you wish to cancel this Agreement within the Cancellation Period, you should send a notice electronically to the following email address: xxxxxxx@xxxxxxx.xxx. Cancelling this Agreement within the Cancellation Period will not cancel any Transaction entered into by you during the Cancellation Period. If you fail to cancel this Agreement within the Cancellation Period you will be bound by its terms but you may terminate this Agreement in accordance with clause 26 (Termination without Default).

  • Xxxxxx’s Right to Transfer If all of the Shares proposed in the Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section 5, then the Holder may sell or otherwise transfer such Shares to that Proposed Transferee at the Offered Price or at a higher price, provided that such sale or other transfer is consummated within one hundred and twenty (120) days after the date of the Notice, that any such sale or other transfer is effected in accordance with any applicable securities laws and that the Proposed Transferee agrees in writing that the provisions of this Section 5 shall continue to apply to the Shares in the hands of such Proposed Transferee. If the Shares described in the Notice are not transferred to the Proposed Transferee within such period, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Shares held by the Holder may be sold or otherwise transferred.

  • Right to withdraw Sale to withdraw, postpone and call off the sale of the Property at any time prior to the auction date and before the fall of the hammer; and

  • Termination of the Right to Use Upon termination of this Addendum for any reason, any right to use the System and access to the Data Access Services shall terminate and the Fund shall immediately cease use of the System and the Data Access Services. Immediately upon termination of this Addendum for any reason, the Fund shall return to State Street all copies of documentation and other Proprietary Information in its possession; provided, however, that in the event that either party terminates this Addendum or the Custodian Agreement for any reason other than the Fund’s breach, State Street shall provide the Data Access Services for a period of time and at a price to be agreed upon in writing by the parties.

  • STUDENT’S RIGHT TO CANCEL You have the right to cancel this agreement and obtain a refund of charges paid through the attendance at the first class session, or the seventh day after enrollment, whichever is later.

  • Right to suspend 2.1.1 Network Rail may serve a Suspension Notice where a Train Operator Event of Default has occurred and is continuing. 2.1.2 The Train Operator may serve a Suspension Notice where a Network Rail Event of Default has occurred and is continuing.

  • Waiver of Right to Trial by Jury EACH PARTY TO THIS AGREEMENT HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING UNDER ANY LOAN DOCUMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO ANY LOAN DOCUMENT, OR THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED IN CONTRACT OR TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE SIGNATORIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY.

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