Termination of Offering. The Investor understands and agrees that it will not be entitled to exercise the rights of a shareholder of the Company until an appropriate certificate representing the Preferred Stock for which it has subscribed has been issued to it on the day of the Closing. If (a) the Company shall have reasonably determined that an event has occurred or a condition exists which could materially and adversely affect the business or proposed business of the Company and that such possibility warrants termination of the Offering, (b) the condi- tions to the Closing of the Offering are not satisfied or (c) the Company elects to terminate the Offering, the Offering will be terminated, and the Company will not issue the Preferred Stock and the Company will not be entitled to payment of the purchase price for the Preferred Stock.
Termination of Offering. The Offering shall terminate on the date selected by the Manager in its sole discretion.
Termination of Offering. If the Offering should be terminated, the Company shall promptly so advise the Bank in writing, and shall authorize and direct the Bank to return the Subscription Payments to the Purchasers. The Bank thereupon shall return those Subscription Payments to the extent they have not been distributed per Section 1.6 to the Purchasers from whom they were received. Any interest earned on the Subscription Payments and not theretofore distributed pursuant to Section 1.3 hereof shall be paid in accordance with Section 1.3 hereof. Upon paying such disbursements to the Purchasers and the Company, the Bank shall be relieved of all of its obligations and liabilities under this Bank Agreement.
Termination of Offering. In the case of a registration initiated by OWW, nothing contained herein shall prohibit OWW from determining, at any time, not to file a registration statement or, if filed, to withdraw such registration or terminate or abandon the registration related thereto, without prejudice, however, to the rights of the members of the Travelport Affiliated Group to immediately request a registration pursuant to Section 5.2 hereof.
Termination of Offering. All payments will be held by the Company until the Company declares the Closing effective or terminates the Offering. The Offering will be terminated if either (i) the Closing does not become effective on or prior to March 1, 2009, which date the Company may extend, in its sole discretion, but not beyond March 31, 2009, or (ii) the Company elects to terminate the Offering. If the Offering is terminated, the Company will return any payments received, without interest, to the Subscribers.
Termination of Offering. The Managing Member, in its sole discretion, is authorized at any time, to terminate and discontinue any offering of Units, in whole or in part or in respect of any particular jurisdiction.
Termination of Offering. The Offering shall terminate upon the happening of the earlier of (i) the sale of all of the Stock, (ii) June 30, 2002, (or such later date if the Offering is extended by the Issuer for an additional period, not to extend beyond December 31, 2002), or (iii) the withdrawal or cancellation of the Offering by the Issuer in its sole and absolute discretion (the earlier of (i), (ii) and (iii) being sometimes referred to herein as the "Termination Date"). Upon the Agent's receipt of written notice from the Issuer of the termination of the Offering, the Agent immediately shall cease making offers of the Stock and shall terminate all then pending offers.
Termination of Offering. This Agreement shall terminate upon the termination or completion of the Offering.
Termination of Offering. (A) Neither Customer nor Supplier may terminate the Offering for convenience. (B) Even if Customer stops using the Offering during the Term for its convenience, Customer must still pay Supplier all fees due for the then-current Term. (C) Either party may terminate for cause, if: (1) such party becomes insolvent, admits in writing its inability to pay its debts as they mature, or makes an assignment for the benefit of creditors; (2) such party becomes subject to contr ol of a trustee, receiver, or similar authority, or to any bankruptcy or insolvency proceeding; (3) the other party commits a material breach and has failed to cure the breach within 30 days from the other party’s written notice; or (4) with respect to Supplier only, as provided under Section 9.3 below. A termination for cause will be effective on the date the notice was sent.
Termination of Offering. 5 Section 5.8 Return of Member's Capital Contribution.................5 Section 5.9 Adjustment to Number of Units Issued....................5
