Termination of Purchase Rights. With respect to (i) a Developer who is a Defaulting Member, to suspend any right of such Developer to purchase all or any part of the Master Project, including, without limitation, any Offered Lot Groups or Commercial Parcels, and (ii) Tejon, if Tejon is a Defaulting Member, to suspend any right of Tejon to purchase any Commercial Parcels or the Adjacent Property hereunder, in each case, until such Defaulting Member cures such Event of Default.
Termination of Purchase Rights. 6.1 Each of the Purchasers proportionate Purchase Rights and obligations shall terminate only in the event of death of such Purchaser, or termination of his association with the Company.
Termination of Purchase Rights. The Company will have the unilateral right to terminate the rights of Celgene Switzerland to purchase Shares in a Subsequent Closing upon written notice to the Celgene Parties (a) if the Company has exercised its termination rights under Section 2.2 of the Voting and Standstill Agreement, (b) if Celgene Corp. undergoes a Change of Control, or (c) upon the expiration of the Term (as defined in the Collaboration Agreement) or the earlier termination of the Collaboration Agreement pursuant to Article 11 thereof. The Company will have the unilateral right to terminate the rights of Celgene Switzerland to purchase Shares in a Subsequent Closing upon written notice to the Celgene Parties if Celgene Switzerland ceases to be a direct or indirect wholly owned controlled subsidiary of Celgene Corp.
Termination of Purchase Rights. If Presbytery elects not to purchase the Property pursuant to the First Offer, and Fremont sells the Property, all of Presbytery's rights to purchase the Property shall terminate at close of escrow. If Presbytery executes the Purchase Agreement pursuant to the First Offer, but defaults under the Purchase Agreement, all of Presbytery's rights to purchase the Property shall terminate immediately upon such default. If the License Agreement term expires, or if the License Agreement is earlier terminated, all of Presbytery's rights to purchase the Property shall terminate. EXHIBIT A
Termination of Purchase Rights. 48 6.8 Opinion of Counsel to Arbortext.............................48 6.9 FIRPTA Certificate..........................................48 6.10 No Bank Debt or Liens.......................................48
Termination of Purchase Rights. There shall not be outstanding any Purchase Rights (other than Options), and each holder of a Purchase Right (other than any that expires by its terms or has been exercised at or before the Effective Time) shall have executed and delivered to Arbortext a termination agreement with respect to such Purchase Right in form satisfactory to PTC.
Termination of Purchase Rights. In the event that LDSR fails to timely (i) exercise any Purchase Right; or, (ii) transfer the necessary consideration to Wxxxx, then all remaining Purchase Rights shall terminate and this Agreement shall be of no further force and effect. In the event that this Agreement is terminated by LDSR’s failure to exercise all Purchase Rights, ArcMail and Wxxxx shall each have the option to repurchase from LDSR all of the Shares that LDSR has purchased hereunder. The option must be exercised within 30-days of the early termination of this Agreement by payment to LDSR of the same amount paid by LDSR for the Shares.
Termination of Purchase Rights. The Company will have the unilateral right to terminate the rights of the Celgene Parties set forth in Sections 2.3 and 2.4 of this Agreement upon written notice to the Celgene Parties (a) if the Company has exercised its termination rights under Section 2.2 of the Voting and Standstill Agreement, (b) if Celgene Corp. undergoes a Change of Control, or (c) upon the expiration of the Term (as defined in the Collaboration Agreement) or the earlier termination of the Collaboration Agreement pursuant to Article 11 thereof. The Company will have the unilateral right to terminate the rights of Celgene RIVOT set forth in Sections 2.3 and 2.4 of this Agreement upon written notice to the Celgene Parties if Celgene RIVOT ceases to be a direct or indirect wholly owned controlled subsidiary of Celgene Corp.
Termination of Purchase Rights. Tenant's Right of First Offer to Purchase granted hereunder shall terminate and not be thereafter reinstated upon any of the following.
Termination of Purchase Rights
