Termination During Due Diligence Sample Clauses

Termination During Due Diligence. Notwithstanding anything herein to the contrary, Purchaser shall have the right to terminate this Agreement at any time during the Due Diligence Period for any reason or for no reason whatsoever. Upon any such termination, the Deposit shall be returned to Purchaser, and the parties shall have no further liability or obligation to one another arising from such termination except for the surviving provisions described in ARTICLE 9.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Termination During Due Diligence. The Investor and Sunrise acknowledge and agree that the Due Diligence Period has ended with respect to the following Facilities: Alexandria, Bloomingdale, Blue Xxxx, Canyon Crest, Fleetwood, Northville, Rochester, Smithtown and Sterling Canyon and, pursuant to Section 2.4(b) hereof, the Deposit is no longer refundable.
Sample 1Sample 2
Termination During Due Diligence. At any time during the Due Diligence Period, Buyer shall have the right, in its sole discretion and for any reason or no reason, to terminate this Agreement by written notice to Seller. Upon such notice, this Agreement shall terminate and be of no further force and effect.
Sample 1Sample 2
Termination During Due Diligence. In the event the results of the inspections, investigations and evaluations set forth in subparagraph (a), in Buyer’s sole and absolute opinion, are unacceptable to Buyer and Buyer so notifies Seller in writing of that fact within the Due Diligence Period, then this Contract shall be terminated and the Xxxxxxx Money Deposit returned to Buyer, less the sum of One Thousand and No/100 Dollars ($1,000.00), to be paid to Seller and Buyer shall promptly provide Seller a copy of all surveys, studies, reports or other information obtained during due diligence (but without representation or warranty whatsoever), as consideration for Buyer’s rights to inspect the Property and terminate the Contract as provided herein. If Buyer does not timely notify Seller of termination of this contract prior to expiration of the Due Diligence Period, Buyer’s right to terminate this Contract under this Section 9 shall thereafter be void.
Sample 1Sample 2
Termination During Due Diligence. At any time during the Due Diligence Period, SHP shall have the right, in its sole discretion and for any reason or no reason, to terminate this Agreement by written notice to SALII. Upon such notice, this Agreement shall terminate and be of no further force and effect.
Sample 1
Termination During Due Diligence. Prior to the end of the Due Diligence Period, Buyer shall have the right to terminate this Agreement at any time in its sole and absolute discretion and for any reason or no reason whatsoever upon delivery to Seller of written notice informing Seller of its election to terminate the Agreement. Upon the expiration of the Due Diligence Period, if Buyer has not delivered written notice to Seller terminating the Agreement, then, the Deposit shall become non-refundable, except in the event that a condition precedent of Buyer's duty to close pursuant to Sections 13.1 through 13.4 or Section 13.6 has not been fully and completely satisfied as of the Closing, in which case the Deposit shall be refunded to Buyer.
Sample 1
Termination During Due Diligence. Notwithstanding anything herein to the contrary, Purchaser shall have the right to terminate this Agreement at any time during the Due Diligence Period for any reason or for no reason whatsoever with respect to all (but not less than all) of the Facilities and the St. Petersburg Raw Land. Upon any such termination, the Deposit shall be returned to Purchaser, and the parties shall have no further liability or obligation to one another arising from such termination except for the surviving provisions described in ARTICLE 9.
Sample 1
AutoNDA by SimpleDocs
Termination During Due Diligence. VOTORANTIM can terminate this Agreement at anytime during the initial two (2) month due diligence period prior to the Effective Date referred to in section 1.22 b. above, without any further obligations to MINERA SOLITARIO under this Agreement, except those as provided in Section 1.22 and the CA, by giving MINERA SOLITARIO timely written notice of such termination. If VOTORANTIM terminates this Agreement under this section 1.23, then: i) VOTORANTIM shall have no obligation to make exploration expenditures, payments of any kind in connection to this document, or contribute the VOTORANTIM Properties as described in section 2.3 to CHAMBARA; ii) VOTORANTIM shall have no right to earn any interest in CHAMBARA or mineral rights controlled by CHAMBARA, and; iii) MINERA SOLITARIO shall have no rights or interest in the VOTORANTIM Properties as described in Section 2.3.
Sample 1
Termination During Due Diligence. If Lessee, in its sole discretion, is dissatisfied with the condition of the Premises and/or the Personal Property, with the results of the tests and studies, or with the information in any of the Records or other documents, or for any other reason determines that the Premises are not suitable then Lessee shall have the absolute right and option to terminate this Lease, which must be exercised by giving written notice to Lessor prior to the expiration of the Due Diligence Period. In the event of such a termination, the parties shall have no other or further obligation or liability to each other. In the event that no notice of termination is given within the Due Diligence Period, then this Lease shall continue to be binding and in full force and effect against Lessee and Lessor. Lessor hereby acknowledges the receipt from Lessee of $50.00 as consideration for this option.
Sample 1

Related to Termination During Due Diligence

  • Sales During Pre-Settlement Period Notwithstanding anything herein to the contrary, if at any time on or after the time of execution of this Agreement by the Company and an applicable Purchaser, through, and including the time immediately prior to the Closing (the “Pre-Settlement Period”), such Purchaser sells to any Person all, or any portion, of any shares of Common Stock to be issued hereunder to such Purchaser at the Closing (collectively, the “Pre-Settlement Shares”), such Purchaser shall, automatically hereunder (without any additional required actions by such Purchaser or the Company), be deemed to be unconditionally bound to purchase, and the Company shall be deemed unconditionally bound to sell, such Pre-Settlement Shares to such Purchaser at the Closing; provided, that the Company shall not be required to deliver any Pre-Settlement Shares to such Purchaser prior to the Company’s receipt of the purchase price of such Pre-Settlement Shares hereunder; and provided further that the Company hereby acknowledges and agrees that the forgoing shall not constitute a representation or covenant by such Purchaser as to whether or not during the Pre-Settlement Period such Purchaser shall sell any shares of Common Stock to any Person and that any such decision to sell any shares of Common Stock by such Purchaser shall solely be made at the time such Purchaser elects to effect any such sale, if any.

  • Due Diligence Period (a) During the period (the “Due Diligence Period”) beginning on the Effective Date and ending at 5:00 p.m. Eastern time on November 19, 2014 (the “Expiration of the Due Diligence Period”), Purchaser shall have the right, upon a minimum of one Business Day’s prior telephonic or written notice to Seller, to make a physical inspection of the Property, including (i) a non-invasive inspection of the environmental condition thereof and such non-invasive physical engineering and other studies and tests on the Property as Purchaser deems appropriate in its sole discretion and (ii) with Seller’s consent, which Seller may withhold in its sole discretion, further inspections of the environmental condition of the Property and further physical engineering and other studies and tests on the Property that are invasive or could alter the physical condition of the Property (including examination of materials, soil samples, and groundwater). Prior to performing any inspection or test (whether non-invasive or otherwise), Purchaser must deliver a certificate of insurance to the applicable Seller evidencing that Purchaser and its contractors, agents and representatives have in place comprehensive general liability insurance (with policy limits of at least $1,000,000 per occurrence and $2,000,000 aggregate) and for workers’ compensation insurance (with policy limits not less than statutory requirements) for its activities on the Property on terms reasonably satisfactory to Seller covering any accident arising in connection with the presence of Purchaser, its contractors, agents and representatives on the Property, which insurance shall name Seller and the Company as additional insureds thereunder and Purchaser shall bear the cost of all such inspections or tests. All third-party professional inspection companies or individuals shall be duly licensed. Notwithstanding the foregoing, Purchaser shall give no fewer than two Business Days’ notice to Seller prior to inspecting any Tenant occupied portions of the Property. Subject to the provisions of this Section 2.3, Purchaser upon prior notice to Seller may meet with the current property manager at the Property. At Purchaser’s request, and to the extent in Seller’s or the Company’s possession, Seller shall make available to Purchaser copies of the maintenance records and reports for the Property. Purchaser shall (i) exercise reasonable care at all times that Purchaser shall be present upon the Property, (ii) at Purchaser’s expense, observe and comply with all applicable laws and any conditions imposed by any insurance policy then in effect with respect to the Property and made known to Purchaser, (iii) not engage in any activities which would violate the provisions of any permit or license pertaining to the Property and made known to Purchaser, (iv) not unreasonably disturb the Tenants or unreasonably interfere with their use of the Property pursuant to their respective Leases, (v) not unreasonably interfere with the operation and maintenance of the Property, (vi) repair any damage to the Property resulting directly or indirectly from Purchaser’s activities at the Property and (vii) not disclose any confidential information except as permitted under this Agreement or required by applicable law. Purchaser’s obligation pursuant to clauses (vi) and (vii) above shall survive any termination of this Agreement.

  • Death During Benefit Period If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

  • Allocations During the Rapid Amortization Period During the Rapid Amortization Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, allocate to the Investor Certificateholders and pay or deposit from the Collection Account the following amounts as set forth below:

  • Termination Date The Executive’s “Termination Date” shall be:

  • Allocations During the Revolving Period During the Revolving Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, allocate to the Investor Certificateholders or the Holder of the Seller Interest and pay or deposit from the Collection Account the following amounts as set forth below:

  • Covered Termination During a Change in Control Period If Executive experiences a Covered Termination during a Change in Control Period, and if Executive delivers to the Company a Release of Claims that becomes effective and irrevocable within sixty (60) days, or such shorter period of time specified by the Company, following such Covered Termination, then in addition to any accrued but unpaid salary, bonus, vacation and expense reimbursement payable in accordance with applicable law, the Company shall provide Executive with the following:

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

Time is Money Join Law Insider Premium to draft better contracts faster.