Term, Termination by Mutual Consent. Subject to the provisions of Section 7.02, the term of this Agreement shall run until the end of the Commitment Period; provided that the right of the Company to effect any Draw Downs under this Agreement may be terminated at any time by mutual consent of the parties. Notwithstanding the foregoing, the Company may terminate this Agreement at any time provided that, simultaneously with such termination, it shall make any payment required by Section 9.13.
Appears in 3 contracts
Samples: Equity Line Financing Agreement (Biopure Corp), Equity Line Financing Agreement (Biopure Corp), Equity Line Financing Agreement (Gadzoox Networks Inc)
Term, Termination by Mutual Consent. Subject to the provisions of Section 7.027.2, the term of this Agreement shall run until the end of the Commitment Period; provided that the right of the Company to effect any Draw Downs under this Agreement may be terminated at any time by mutual consent of the parties. Notwithstanding the foregoing, the Company may terminate this Agreement at any time provided that, simultaneously with such termination, it shall make any payment required by Section 9.13.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Elgrande Com Inc), Common Stock Purchase Agreement (Teligent Inc), Common Stock Purchase Agreement (Elgrande Com Inc)
Term, Termination by Mutual Consent. Subject to the provisions of Section 7.02, the term of this Agreement shall run until the end of the Commitment Period; provided that the right of the Company to effect any Draw Downs under this Agreement may be terminated at any time by mutual consent of the parties. Notwithstanding the foregoing, the Company may terminate this Agreement at any time provided that, simultaneously with such termination, it shall make any payment required by Section 9.13.
Appears in 2 contracts
Samples: Equity Line Financing Agreement (Computer Motion Inc), Equity Line Financing Agreement (Computer Motion Inc)
Term, Termination by Mutual Consent. Subject to the provisions of Section 7.026.2, the term of this Agreement shall run until the end of the Commitment Period; provided that the right of the Company to effect any Draw Downs under this Agreement, and the right of the Investor to effect any Purchase Right under this Agreement may be terminated or extended at any time by mutual consent of the partiesparties hereto. Notwithstanding Furthermore, in the foregoing, event that the Company may and Perseus terminate the Xxxxxxx Equity Option, Investor shall have the right to terminate this Agreement at any time provided that, simultaneously with within thirty (30) days following receipt of notice of such termination, it shall make any payment required by Section 9.13termination from the Company.
Appears in 1 contract
