Termination of Purchase Agreement. Any termination of Seller’s obligation to sell Receivables under the Purchase Agreement or any Originator’s obligation to sell Receivables under the Sale Agreement and, upon any such termination, the Outstanding Balance of all Receivables originated by Seller or the applicable Originator as of the last day of the month then most recently ended.
Termination of Purchase Agreement. This Agreement shall terminate automatically, without any action by either party, upon any termination of the Purchase Agreement.
Termination of Purchase Agreement. Unless otherwise agreed upon by the parties in writing, this Agreement will terminate upon the termination of the Purchase Agreement.
Termination of Purchase Agreement. The Borrower will not terminate the Purchase Agreement without the prior written consent of each of the Lenders, except with respect to the occurrence of a termination arising pursuant to Section 6.2 of the Purchase Agreement.
Termination of Purchase Agreement. Prior to the payment in full of the purchase price and completion of the work commitments, the Purchaser may terminate the Purchase Agreement by notice to the Vendor. If the Purchase Agreement is terminated by the Purchaser or the Vendor, prior to the payment of Purchase Price in full and the completion of the work commitments the obligations of the Purchaser stop at the balance of the Purchase Price then outstanding and complete the work commitments shall end and the purchaser shall:
Termination of Purchase Agreement. Upon the execution of this Agreement by each of the parties hereto and in accordance with subsection (a) of Section 7.1 of the Purchase Agreement, the parties hereto agree that the Purchase Agreement is terminated, null and void and of no future force or effect.
Termination of Purchase Agreement. (a) This Purchase Agreement may be terminated and the purchase and sale of the Securities abandoned at any time prior to the Closing:
Termination of Purchase Agreement. The Parties may terminate this Purchase Agreement as provided below:
Termination of Purchase Agreement. If the Purchase Agreement is terminated without consummating the transactions contemplated therein, any amounts received by the LLC as a result of such termination (including by reason of the return of the Purchase Agreement Deposit) shall be distributed to the Members pro rata to their respective Capital Contributions.
Termination of Purchase Agreement. Effective upon the Effective Date, the Purchase Agreement is hereby terminated in its entirety and shall be of no further force or effect, and no party thereto shall have any rights or remedies or liabilities or obligations of any kind thereunder.
