Common use of Termination by the Purchasers Clause in Contracts

Termination by the Purchasers. This Agreement may be terminated at any time prior to the Closing by the Purchasers following the occurrence of any of the following events (each a “Purchaser Termination Event”) immediately upon delivery of written notice to the Company; provided, however that the Purchasers shall not be permitted to terminate this Agreement if at the time of such termination any Purchaser is in breach of any representation, warranty or covenant applicable to it in any material respect under this Agreement:

Appears in 7 contracts

Samples: Series C Convertible Preferred Stock Purchase Agreement (York Capital Management Global Advisors, LLC), Series C Convertible Preferred Stock Purchase Agreement (Bardin Hill Investment Partners LP), Convertible Preferred Stock Purchase Agreement

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Termination by the Purchasers. This Agreement may be terminated at any time prior to the Closing by the Purchasers following the occurrence of any of the following events (each a “Purchaser Termination Event”) immediately upon delivery of Purchasers, by giving written notice of such termination to the Company; provided, however that the Purchasers shall not be permitted to terminate this Agreement if at the time of such termination any Purchaser is in breach of any representation, warranty or covenant applicable to it in any material respect under this Agreementif:

Appears in 3 contracts

Samples: Common Stock Purchase Agreement (Racom Systems Inc), Convertible Debenture Purchase Agreement (International Fuel Technology Inc), Convertible Debenture Purchase Agreement (Invu Inc)

Termination by the Purchasers. This Agreement and the transactions contemplated hereby may be terminated at any time as to the Purchasers prior to the Closing by the Purchasers following the occurrence of any of the following events (each a “Purchaser Termination Event”) immediately upon delivery of Purchasers, by giving written notice of such termination to the Company; provided, however that the Purchasers shall not be permitted to terminate this Agreement if at the time of such termination any Purchaser is in breach of any representation, warranty or covenant applicable to it in any material respect under this Agreementif:

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Fonix Corp), Convertible Preferred Stock Purchase Agreement (Fonix Corp)

Termination by the Purchasers. This Agreement may be terminated at any time prior to the Closing by the Purchasers following the occurrence of any of the following events (each a “Purchaser Termination Event”) immediately upon delivery alone, by means of written notice to the Company; provided, however that Company if there has been a material breach by the Purchasers shall not be permitted to terminate this Agreement if at Company or the time of such termination any Purchaser is in breach Shareholder of any representation, warranty warranty, covenant or covenant applicable to it agreement set forth in any material respect under this Agreement:the Agreement or other ancillary agreements.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wattage Monitor Inc)

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Termination by the Purchasers. This Agreement and the ------------------------------ transactions contemplated hereby may be terminated at any time as to the Purchasers prior to the Closing by the Purchasers following the occurrence of any of the following events (each a “Purchaser Termination Event”) immediately upon delivery of Purchasers, by giving written notice of such termination to the Company; provided, however that if: (1) the Purchasers shall not be permitted to terminate this Agreement if at the time of such termination Company has breached in any Purchaser is in breach of material respects any representation, warranty warranty, covenant or covenant applicable to it agreement contained in any material respect under this Agreement:Transaction Document and such breach is not cured within one (1) Business Day following receipt by the Company of notice of such breach;

Appears in 1 contract

Samples: Registration Rights Agreement (Fonix Corp)

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