Common use of Termination by Sellers Clause in Contracts

Termination by Sellers. Sellers may, without liability to Buyer, terminate this Agreement by notice to Sellers (i) at any time prior to the Closing if a default shall be made by any of the Buyer in the observance or in the due and timely performance of any of the terms hereof to be performed by Buyer that cannot be cured at or prior to the Closing, or (i) at the Closing if any of the conditions precedent to the performance of Sellers' obligations at the Closing shall not have been fulfilled.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Ibs Interactive Inc)

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Termination by Sellers. The Sellers may, without liability to Buyer, terminate this Agreement by notice to Sellers (i) at any time prior to the Closing if a default shall be made by any of the Buyer in the observance or in the due and timely performance of any of the terms hereof to be performed by Buyer that cannot be cured at or prior to the Closing, or (i) at the Closing if any of the conditions precedent to the performance of Sellers' obligations at the Closing shall not have been fulfilled.Buyer:

Appears in 1 contract

Samples: Stock Purchase Agreement (Airnet Systems Inc)

Termination by Sellers. Sellers may, without liability to Buyer, may terminate this Agreement Agreement, by written notice to Sellers (i) Purchaser at any time prior to the Closing if a default shall be made by any of the Buyer in the observance or in the due and timely performance of any of the terms hereof to be performed by Buyer that cannot be cured at or prior to the Closing, or (i) at the Closing if any of the conditions precedent to the performance of Sellers' obligations at the Closing shall not have been fulfilled.if:

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (National Energy Group Inc)

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Termination by Sellers. Sellers may, without liability to Buyer, may (but shall not be obligated to) terminate this Agreement by notice to Sellers (i) at any time on behalf of itself or the other Seller prior to the Closing if a default shall be made by any of the Buyer in the observance or in the due and timely performance of any of the terms hereof to be performed by Buyer that cannot be cured at or prior giving written notice to the Closing, or (i) at the Closing if any of the conditions precedent to the performance of Sellers' obligations at the Closing shall not have been fulfilled.Purchasers if:

Appears in 1 contract

Samples: Asset Purchase Agreement (Biolargo, Inc.)

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