Common use of Termination by Expiration Clause in Contracts

Termination by Expiration. If the transactions contemplated by this Agreement have not been consummated prior to December 31, 1999, any Party hereto may elect to terminate this Agreement by giving written notice to the other Party hereto; provided that this right to terminate shall not be available to any Party hereto whose failure to perform an obligation under the Agreement has been the cause of, or has resulted in, the failure of the transactions contemplated herein to be consummated by December 31, 1999.

Termination by Expiration. If the transactions contemplated by this Agreement have not been consummated prior to December 31, 1999. 1998, any Party hereto may elect to terminate this Agreement by giving written notice to the other Party hereto; provided that this right to terminate shall not be available to any Party hereto whose failure to perform an obligation under the Agreement has been the cause of, or has resulted in, the failure of the transactions contemplated herein to be consummated by December 31, 19991998.

Termination by Expiration. If the transactions contemplated by this Agreement have not been consummated prior to December August 31, 19992000, any Party party hereto may elect to terminate this Agreement by giving written notice to the other Party party hereto; provided that this right to terminate shall not be available to any Party party hereto whose failure to perform an obligation under the Agreement has been the cause of, or has resulted in, the failure of the transactions contemplated herein to be consummated by December August 31, 19992000.

Termination by Expiration. If the transactions contemplated by this Agreement have not been consummated prior to December July 31, 19991998, any Party party hereto may elect to terminate this Agreement by giving written notice to the other Party party hereto; provided that this right to terminate shall not be available to any Party party hereto whose failure to perform an obligation under the Agreement has been the cause of, or has resulted in, the failure of the transactions contemplated herein to be consummated by December July 31, 19991998.