Common use of Termination by Purchaser Clause in Contracts

Termination by Purchaser. Notwithstanding anything to the contrary herein, Purchaser shall have the right, in its sole and absolute discretion, at any time prior to its payment of the Purchase Price, to terminate this Agreement, in which event, this Agreement shall be terminated and no party shall have any further obligation to any other party.

Appears in 12 contracts

Samples: Stock Purchase Agreement (Sunrise Real Estate Group Inc), Stock Purchase Agreement (Sunrise Real Estate Group Inc), Stock Purchase Agreement (Sunrise Real Estate Group Inc)

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Termination by Purchaser. Notwithstanding anything to the contrary herein, Purchaser shall have the right, in its sole and absolute discretion, at any time prior to its payment of the Purchase Price, to terminate this Agreement, in which event, this Agreement shall be terminated and no party shall have any further obligation to any other party. In such event, the non-refundable deposit which Purchaser has paid shall be forfeited to the benefit of Seller.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Parallax Entertainment Inc), Stock Purchase Agreement (Legalopinion Com), Stock Purchase Agreement (Omni Doors Inc)

Termination by Purchaser. Notwithstanding anything to the contrary -------------------------- herein, Purchaser shall have the right, in its sole and absolute discretion, at any time prior to its payment of the Purchase Price, to terminate this Agreement, in which event, this Agreement shall be terminated and no party shall have any further obligation to any other party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Vdo Com Inc /Fl)

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Termination by Purchaser. Notwithstanding anything to the contrary herein, Purchaser shall have the right, in its sole and absolute discretion, at any time prior to its payment of the Purchase Price, to terminate this Agreement, in which event, this Agreement shall be terminated and no party shall have any further obligation to any other party. In such event, the non-refundable deposit that Purchaser has paid shall be forfeited to the benefit of Seller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Parallax Entertainment Inc)

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