Common use of Termination of Share Exchange Agreement Clause in Contracts

Termination of Share Exchange Agreement. This Agreement shall be binding upon each party upon such party’s execution and delivery of this Agreement, but this Agreement shall only become effective upon the Closing. In the event that the Share Exchange Agreement is validly terminated in accordance with its terms prior to the Closing, this Agreement shall automatically terminate and become null and void and be of no further force or effect, and the parties shall have no obligations hereunder.

Appears in 6 contracts

Samples: Registration Rights Agreement (Yunhong International), Registration Rights Agreement (TKK SYMPHONY ACQUISITION Corp), Registration Rights Agreement (Greenland Acquisition Corp.)

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Termination of Share Exchange Agreement. This Agreement shall be binding upon each party Holder upon such partyHolder’s execution and delivery of this Agreement, but this Agreement shall only become effective upon the Closing. In Notwithstanding anything to the contrary contained herein, in the event that the Share Exchange Agreement is validly terminated in accordance with its terms prior to the Closing, this Agreement and all rights and obligations of the parties hereunder shall automatically terminate and become null and void and be of no further force or effect, and the parties shall have no obligations hereunder.

Appears in 1 contract

Samples: Lock Up Agreement (Onconetix, Inc.)

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