Common use of Termination by the Purchaser of the Option Clause in Contracts

Termination by the Purchaser of the Option. Prior to the exercise of the Option the Purchaser may terminate the Option by providing a notice of termination to the Vendors in writing of its desire to do so at least 30 calendar days prior to its decision to do so. After such 30-calendar days' period the Purchaser shall have no further obligations, financial or otherwise, under this Agreement, except that the provisions of section "2.8" hereinbelow shall become immediately applicable to the Purchaser upon providing the said notice of termination to the Vendors.

Termination by the Purchaser of the Option. Prior to the exercise of the Option the Purchaser may terminate the Option by providing a notice of termination to the Vendors Vendor in writing of its desire to do so at least 30 14 calendar days prior to its decision to do so. After such 3014-calendar days' period the Purchaser shall have no further obligations, financial or otherwise, under this Agreement, except that the provisions of section "2.82.9" hereinbelow shall become immediately applicable to the Purchaser upon providing the said notice of termination to the VendorsVendor.

Termination by the Purchaser of the Option. Prior to the exercise of the Option the Purchaser may terminate the Option by providing a notice of termination to the Vendors in writing of its desire to do so at least 30 calendar days prior to its decision to do so. After such 30-calendar days' ’ period the Purchaser shall have no further obligations, financial or otherwise, under this Agreement, except that the provisions of section "“2.8" ” hereinbelow shall become immediately applicable to the Purchaser upon providing the said notice of termination to the Vendors.

Termination by the Purchaser of the Option. Prior to the exercise of the Option the Purchaser may terminate the Option by providing a notice of termination to the Vendors Vendor in writing of its desire to do so at least 30 14 calendar days prior to its decision to do so. After such 3014-calendar days' period the Purchaser shall have no further obligations, financial or otherwise, under this Agreement, except that the provisions of section "2.8" hereinbelow shall become immediately applicable to the Purchaser upon providing the said notice of termination to the VendorsVendor.