Common use of Termination by Seller Clause in Contracts

Termination by Seller. This Agreement may be terminated by Seller, by written notice to Buyer, in the event of a material breach of any representation or warranty of Buyer hereunder, or in the event Buyer fails to perform any material covenant or obligation required to be performed by it hereunder and such failure remains uncured for ten (10) days following such written notice.

Appears in 3 contracts

Samples: Asset Purchase Agreement (CQENS Technologies Inc.), Asset Purchase Agreement (CQENS Technologies Inc.), Asset Purchase Agreement (CQENS Technologies Inc.)

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Termination by Seller. This Agreement may be terminated by Seller, by Seller upon written notice to BuyerBuyer at any time prior to the Merger Closing if Buyer shall have materially Breached or failed to perform any of the representations, warranties, covenants or other agreements contained in this Agreement or the event of a material breach of Buyer Closing Documents, or if any representation or warranty of Buyer hereundershall have become materially untrue, in either case such that such Breach or in the event Buyer fails to perform any material covenant or obligation required failure to be performed true has not been or is incapable of being cured within thirty (30) business days following receipt by it hereunder and Seller of notice of such failure remains uncured for ten (10) days following such written noticeto comply.

Appears in 2 contracts

Samples: Stockholder Agreement (Eshare Communications Inc), Stockholder Agreement (Divine Inc)

Termination by Seller. This Agreement may be terminated by Seller, by written notice to 247MGI or Buyer, in the event of a material breach of any representation or warranty of 247MGI or Buyer hereunder, or in the event 247MGI or Buyer fails to perform any material covenant or obligation required to be performed by it hereunder and such failure remains uncured for ten (10) days following such written notice.

Appears in 2 contracts

Samples: Asset Purchase Agreement (247MGI, Inc.), Asset Purchase Agreement (247MGI, Inc.)

Termination by Seller. This Seller may terminate this Agreement may be terminated by Seller, by giving written notice to Buyer, the Buyers at any time prior to the Closing (i) in the event of a material breach of either Buyer has breached any representation or warranty of Buyer hereunderrepresentation, warranty, or covenant contained in the event Buyer fails to perform this Agreement in any material covenant or obligation required to be performed by it hereunder respect, Seller has notified such Buyer of the breach, and such failure remains uncured the breach has continued without cure for a period of ten (10) days following such written noticeafter the notice of breach or (ii) if the Closing shall not have occurred on or before March 31, 2011 (unless the failure results primarily from Seller breaching any representation, warranty, or covenant contained in this Agreement).

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Sunrise Senior Living Inc)

Termination by Seller. This Agreement may be terminated by Seller, Seller by written notice to Buyer, in the event of a material breach of any representation or warranty of Buyer hereunder, or in the event Buyer fails to perform any material covenant or obligation required to be performed by it hereunder and such failure remains uncured for ten (10) days following such written notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Investco Inc)

Termination by Seller. This Agreement may be terminated by Seller, by written notice at any time prior to Buyerthe Closing, in the event of a material breach by Purchaser of any representation or warranty of Buyer hereunderrepresentation, warranty, or covenant contained in the event Buyer fails this Agreement; provided that such breach is not curable, or if curable, is not cured within fifteen (15) business days after written notice of such breach is given by Seller to perform any material covenant or obligation required to Purchaser. In such event, Seller shall have such remedies as may be performed provided by it hereunder and such failure remains uncured for ten (10) days following such written noticelaw.

Appears in 1 contract

Samples: Asset Purchase Agreement (Usurf America Inc)

Termination by Seller. This Agreement may be terminated by Seller, by written notice at any time prior to Buyerthe Closing, in the event of a material breach by either Purchaser of any representation or warranty of Buyer hereunderrepresentation, or in the event Buyer fails to perform any material warranty, covenant or obligation required to be performed by it hereunder and condition contained in this Agreement provided that such failure remains uncured for breach is not curable or, if curable, is not cured within ten (10) business days following after written notice of such written noticebreach is given by Seller to Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Zkid Network Co)

Termination by Seller. This Agreement may be terminated at any time prior to the Closing by Seller, Seller by giving written notice to BuyerPurchaser, in the event of if: (a) there has been a material breach by any Purchaser of any agreement, covenant, representation or warranty of Buyer hereundercontained in this Agreement, or in the event Buyer fails to perform any material covenant or obligation required to be performed by it hereunder and such failure remains uncured for ten which breach shall not have been cured within thirty (1030) days following such written noticeafter notice thereof; or (b) the Closing does not occur on or prior to the Closing Date, other than due to the failure of Seller to comply with any of its obligations under this Agreement.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Korea Thrunet Co LTD)

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Termination by Seller. This Agreement may be terminated by Seller, by written notice to BuyerBuyer and AGT, in the event of a material breach of any representation or warranty of Buyer or AGT hereunder, or in the event Buyer or AGT fails to perform any material covenant or obligation required to be performed by it hereunder and such failure remains uncured for ten (10) days following such written notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (America Greener Technologies, Inc.)

Termination by Seller. This Seller may terminate this Agreement may be terminated by Seller, by giving written notice to Buyer, in Buyer at any time prior to the event of a material breach of any representation or warranty of Buyer hereunder, or Closing (i) in the event Buyer fails to perform has breached any representation, warranty, or covenant contained in this Agreement in any material covenant or obligation required to be performed by it hereunder respect, Seller has notified Buyer of the breach, and such failure remains uncured the breach has continued without cure for a period of ten (10) days following such written noticeafter the notice of breach or (ii) if the Closing shall not have occurred on or before March 31, 2011 (unless the failure results primarily from Seller breaching any representation, warranty, or covenant contained in this Agreement).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sunrise Senior Living Inc)

Termination by Seller. This Agreement may be terminated by Seller, by written notice to Buyer, in the event of a material breach of any representation or warranty of Buyer hereunder, or in the event Buyer fails to perform any material covenant or obligation required to be performed by it hereunder and such failure remains uncured for ten (10) days following such written notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mmax Media, Inc.)

Termination by Seller. This Agreement may be terminated and the transactions contemplated herein may be abandoned at any time prior to the Closing by Seller, by if Buyer shall have breached any of its representations or warranties or failed to perform in any material respect any of its covenants or agreements contained in this Agreement which breach or failure shall not have been cured within fifteen (15) business days after the receipt of written notice by Seller to Buyer, in the event Buyer of a material such breach of any representation or warranty of Buyer hereunder, or in the event Buyer fails to perform any material covenant or obligation required to be performed by it hereunder and such failure remains uncured for ten (10) days following such written noticefailure.

Appears in 1 contract

Samples: Stock Purchase Agreement (Federal Signal Corp /De/)

Termination by Seller. This Agreement may be terminated --------------------- and the transactions contemplated herein may be abandoned at any time prior to the Closing by action of the Board of Directors of Seller, if Buyer shall have breached any of its representations or warranties in any material respect or failed to perform in any material respect any of its covenants or agreements contained in this Agreement which breach or failure shall not have been cured within ten business days after the receipt by Buyer of written notice to Buyer, in the event from Seller of a material such breach of any representation or warranty of Buyer hereunder, or in the event Buyer fails to perform any material covenant or obligation required to be performed by it hereunder and such failure remains uncured for ten (10) days following such written noticefailure.

Appears in 1 contract

Samples: Asset Purchase Agreement (Angelica Corp /New/)

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