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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Related to Termination During Due Diligence

  • Time off during notice period During the period of notice of termination given by the employer, an employee shall be allowed up to one day's time off without loss of pay for the purpose of seeking other employment. This time off shall be taken at times that are convenient to the employee after consultation with the employer.

  • Union Activity During Working Hours Solicitation of Union membership or collection or checking of dues will not be conducted during working time. The Company agrees not to discriminate in any way against any employee for Union activity, but such activity shall not be carried on during working time, except as specifically allowed by the provisions of this Agreement.

  • 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.

  • Rejection During Probation ‌ (a) The Employer may reject any probationary employee for just cause. A rejection during probation shall not be considered a dismissal for the purpose of Clause 10.

  • Death During Active Service If the Executive dies while in the active service of the Company, the Company shall pay to the Executive's beneficiary the benefit described in this Section 3.1. This benefit shall be paid in lieu of the Lifetime Benefits of Article 2.

  • Employee leaving during notice period An employee given notice of termination in circumstances of redundancy may terminate their employment during the period of notice. The employee is entitled to receive the benefits and payments they would have received under this clause had they remained in employment until the expiry of the notice, but is not entitled to any payment in lieu of any remaining notice.

  • Termination due to Force Majeure 13.5.1 If the Force Majeure Event or its effects continue to be present beyond the period as specified in Article 4.5.3, either Party shall have the right to cause termination of the Agreement. In such an event, this Agreement shall terminate on the date of such Termination Notice.

  • Allocations During the Early Amortization Period During the Early Amortization Period, an amount equal to the product of (A) the Principal Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 1997-1 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that after the date on which an amount of such Collections equal to the Adjusted Invested Amount has been deposited into the Collection Account and allocated to the Series 1997-1 Certificateholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.

  • Termination Due to Force Majeure Event If the period of Force Majeure continues or is in the reasonable judgment of the Parties likely to continue beyond a period of 120 (one hundred and twenty) Days, the Parties may mutually decide to terminate this Agreement or continue this Agreement on mutually agreed revised terms. If the Parties are unable to reach an agreement in this regard, the Affected Party shall after the expiry of the said period of 120 (one hundred and twenty ) Days be entitled to terminate the Agreement in which event, the provisions of Articles 16 and 17 shall, to the extent expressly made applicable, apply.

  • Refund During Cooling-Off Period The PEI will provide the Student with a cooling-off period of seven (7) working days after the date that the Contract has been signed by both parties. The Student will be refunded the highest percentage (stated in Schedule D) of the fees already paid if the Student submits a written notice of withdrawal to the PEI within the cooling-off period, regardless of whether the Student has started the course or not.

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