Common use of Termination and Postponement Clause in Contracts

Termination and Postponement. This Agreement may be terminated, and the transactions provided for herein abandoned, at any time prior to but not after the Closing, as follows: 9.01 by mutual consent of the Buyers and the Trustee; 9.02 by the Buyers or the Trustee, if any of the conditions set forth in Article VIII shall not have been met or cannot reasonably be met by the Closing Date; or 9.03 by the Buyers or the Trustee if the Closing has not been consummated by August 31, 2000. In the event of the termination and abandonment of this Agreement and the transactions contemplated hereby, this Agreement shall become void and of no effect, without any liability on the part of any party or its directors, officers or shareholders.

Termination and Postponement. This Agreement may be terminated, and the transactions provided for herein abandoned, at any time prior to but not after the Closing, as follows: 9.01 by mutual consent of the Buyers and the TrusteeShamrock; 9.02 by the Buyers or the TrusteeShamrock, if any of the conditions set forth in Article VIII shall not have been met or cannot reasonably be met by the Closing Date; or 9.03 by the Buyers or the Trustee Shamrock if the Closing has not been consummated by August 31, 2000. In the event of the termination and abandonment of this Agreement and the transactions contemplated hereby, this Agreement shall become void and of no effect, without any liability on the part of any party or its directors, officers or shareholders.