Termination by Either MLC or PCPlus Sample Clauses

Termination by Either MLC or PCPlus. This Agreement may be terminated and ------------------------------------ the Merger may be abandoned (a) by action of the Board of Directors of MLC in the event of a failure of a condition to the obligations of MLC or the Network Solutions set forth in Section 10.2 of this Agreement; or (b) by the Representative in the event of a failure of a condition to the obligations of the Stockholders or PCPlus set forth in Section 10.3 of this Agreement; or (c) by MLC or the Representative, in their sole discretion, in the event that the Merger Share price is less than $10.00; or (d) if a United States federal or state court of competent jurisdiction or United States federal or state governmental agency shall have issued an order, decree or ruling or taken any other action permanently restraining, enjoining or otherwise prohibiting the transactions contemplated by this Agreement and such other, decree, ruling or other action shall have become final and non-appealable; or (e) the Effective Time has not occurred by July 15, 1998; and provided, in the case of a termination pursuant to clause (a), (b) or (e) above, that the terminating party shall not have breached in any material respect its obligations under this Agreement in any manner that shall have proximately contributed to the occurrence of the failure referred to in said clause. In the event of a termination by MLC pursuant to clause (c) above, MLC shall pay to PCPlus an amount equal to all of PCPlus' out-of-pocket expenses incurred in connection with this Agreement and the proposed Merger, including, without limitation, reasonable attorneys' fees, up to a maximum amount of $100,000.
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Related to Termination by Either MLC or PCPlus

  • Termination by Either Party This Agreement may be terminated upon 60 days written notice without cause or penalty by either the Company (acting through the Conflicts Committee) or the Advisor. The provisions of Articles 1, 10, 12, 13, 15 and 16 shall survive termination of this Agreement.

  • Termination by Xxxxxx This Agreement may be terminated and the Merger Transactions abandoned at any time before the Acceptance Time by Parent:

  • Termination by Any Party This Advisory Agreement may be terminated upon 60 days’ written notice without cause or penalty, by any party (by a majority of the Independent Directors of the Company or the manager of the Advisor).

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

  • Termination by Either Parent or the Company This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by action of the board of directors of either Parent or the Company if:

  • Termination by Seller This Agreement may be terminated by Seller and the purchase and sale of the Station abandoned, if Seller is not then in material default, upon written notice to Buyer, upon the occurrence of any of the following:

  • Termination by You In the event of an Employment Separation as a result of a termination by you for any reason, you must provide the Company with at least 14 days advance written notice ("Notice of Termination") and continue working for the Company during the 14-day notice period, but only if the Company so desires to continue your employment and to compensate you during such period. In the event of such termination under this Section, the Company will pay you the earned but unpaid portion of your Basic Salary through the termination date.

  • Termination by Either the Company or Parent This Agreement may be terminated by either the Company (acting only upon the recommendation of the Special Committee) or Parent at any time prior to the Effective Time, if:

  • Termination by Buyer This Agreement and the transaction contemplated herein may be terminated and abandoned at any time on or prior to the Closing Date by Buyer, if:

  • Termination by Company The Company will have the following rights to terminate this Agreement:

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