Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company of any representation or warranty made by it in this Agreement, (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably likely to have a Material Adverse Effect or (iv) the Company shall have failed to satisfy the conditions provided in Article IX hereof.
Appears in 9 contracts
Samples: Securities Purchase Agreement (Innovative Gaming Corp of America), Securities Purchase Agreement (Ifs International Holdings Inc), Securities Purchase Agreement (Wareforce Com Inc)
Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company of with respect to any representation or warranty made by it in this Agreement, (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and forseeably likely to have a Material Adverse Effect or (iv) the Company shall have failed to satisfy the conditions provided in Article Section IX hereof.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Cafe Odyssey Inc), Securities Purchase Agreement (Cafe Odyssey Inc), Securities Purchase Agreement (Thermatrix Inc)
Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company of with respect to any representation or warranty made by it in this Agreement, (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and forseeably likely to have a Material Adverse Effect or (iv) the Company shall have failed to satisfy the conditions provided set forth in Article Section IX hereof.
Appears in 2 contracts
Samples: Securities Purchase Agreement (American Telesource International Inc), Securities Purchase Agreement (American Telesource International Inc)
Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company of with respect to any representation or warranty made by it in this Agreement, (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably likely to have a Material Adverse Effect or (iv) the Company shall have failed to satisfy the conditions provided in Article Section IX hereof.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Compositech LTD), Securities Purchase Agreement (Innovative Gaming Corp of America)
Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply with any of its covenants or agreements Agreements contained in this Agreement, (ii) there shall have been a breach by the Company of any representation or warranty made by it in this Agreement, (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably likely to have a Material Adverse Effect or (iv) the Company shall have failed to satisfy the conditions provided in Article IX hereof.
Appears in 1 contract
Samples: Securities Purchase Agreement (Educational Video Conferencing Inc)
Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) Seller or the Company shall have failed to comply comply, in any material respect, with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a material breach by the Company of any representation or warranty made by it Seller in this Agreement, (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably likely to have a Material Adverse Effect material adverse effect on the Company, or (iv) Seller or the Company shall have failed to satisfy the conditions provided in Article IX VII hereof.
Appears in 1 contract
Samples: Stock Purchase Agreement (Educational Video Conferencing Inc)
Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply in any material respect with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company of with respect to any representation or warranty made by it in this Agreement, Agreement (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and forseeably likely to have a Material Adverse Effect or (iv) the Company shall have failed to satisfy any of the conditions provided in Article Section IX hereofhereof become incapable of being satisfied.
Appears in 1 contract
Samples: Securities Purchase Agreement (Interactive Flight Technologies Inc)
Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i) the Company shall have failed to comply with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company of with respect to any representation or warranty made by it in this Agreement, (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably and foreseeably likely to have a Material Adverse Effect or (iv) the Company shall have failed to satisfy the conditions provided in Article Section IX hereof.
Appears in 1 contract
Termination by Buyer. This Agreement may be terminated and the transactions contemplated hereby may be abandoned by Buyer at any time prior to the Closing Date, if (i1) the Company shall have failed to comply with any of its covenants or agreements contained in this Agreement, (ii) there shall have been a breach by the Company of any representation or warranty made by it in this Agreement, (iii) there shall have occurred any event or development, or there shall be in existence any condition, having or reasonably likely to have a Material Adverse Effect or (iv) the Company shall have failed to satisfy the conditions provided in Article IX hereofIX.
Appears in 1 contract
Samples: Securities Purchase Agreement (Inforetech Wireless Technology Inc)