Termination by Sellers. This Agreement may be terminated by Sellers and the purchase and sale of the Assets, the Shares, and the Options abandoned, if Sellers are not then in material default under this Agreement, upon written notice to Buyer, upon the occurrence of any of the following:
Appears in 2 contracts
Samples: Asset and Stock Purchase and Option Grant Agreement (Paxson Communications Corp), Asset and Stock Purchase and Option Grant Agreement (Quantum Direct Corp)
Termination by Sellers. This Agreement may be terminated by Sellers and the purchase and sale of the Assets, the Shares, and the Options abandonedSellers, if Sellers are not then in material default under this Agreementdefault, upon written notice to Buyer, upon the occurrence of any of the following:
Appears in 2 contracts
Samples: Asset Purchase Agreement (Paxson Communications Corp), Asset Purchase Agreement (Shop at Home Inc /Tn/)
Termination by Sellers. This Agreement may be terminated by Sellers and the purchase and sale of the Assets, the Shares, and the Options abandonedSellers, if Sellers are not then in material default under this Agreementdefault, upon written notice to BuyerBuyers, upon the occurrence of any of the following:
Appears in 2 contracts
Samples: Asset Purchase Agreement (Acme Intermediate Holdings LLC), Asset Purchase Agreement (Paxson Communications Corp)
Termination by Sellers. This Agreement may be terminated prior to the Closing by Sellers and the purchase and sale Sellers, if none of the Assets, Company nor any of the Shares, and the Options abandoned, if Sellers are not then in material default under this Agreementof any of their representations, warranties or covenants hereunder, upon written notice to Buyer, which notice must be executed and delivered by both of the Joint Sellers' Representatives to be effective, solely upon the occurrence of any of the following:
Appears in 1 contract
Samples: Limited Liability Company Interest Purchase Agreement (Valuevision Media Inc)
Termination by Sellers. This Agreement may be terminated by Sellers, if Sellers and the purchase and sale of the Assets, the Shares, and the Options abandoned, if Sellers Company are not then in material default under this Agreementdefault, upon written notice to Buyer, upon the occurrence of any of the following:
Appears in 1 contract
Samples: Asset Purchase Agreement (Paxson Communications Corp)
Termination by Sellers. This Agreement may be terminated by Sellers prior to the Closing and the purchase and sale of the Assets, the Shares, and the Options Assets abandoned, if Sellers are not neither Seller is then in material default under this Agreementdefault, upon written notice to Buyer, upon the occurrence of any of the following:
Appears in 1 contract
Samples: Asset Purchase Agreement (Paxson Communications Corp)
Termination by Sellers. This Agreement may be terminated at any time prior to the Closing by the Sellers and the purchase and sale of the Assets, the Shares, and the Options Purchased Interests abandoned, if Sellers are not then in material default under this Agreement, upon written notice by the General Partner to Buyer, upon the occurrence of any of the following:
Appears in 1 contract
Termination by Sellers. This Agreement may be terminated by Sellers and the purchase and sale of the Assets, the Shares, and the Options abandonedCompany, if Sellers and the Company are not then in material default under this Agreementdefault, upon written notice to Buyer, upon the occurrence of any of the following:
Appears in 1 contract
Samples: Stock Purchase Agreement (Paxson Communications Corp)
