Termination or Rescission. Notwithstanding anything stated to the contrary, this Agreement is terminated with prejudice if any condition precedent to Closing has not been fulfilled and the Closing did not occur by February 21, 2000.
Termination or Rescission. The Buyer shall not be entitled to terminate or rescind this agreement or any agreement or document entered into pursuant to this agreement. SCHEDULE 4 Properties Property Name (1) Property Interest (2) Registered Title Number of Interest (3) Term (4) 1 Alexandra Theatre Birmingham Assigned Leasehold Not registrable 20 Years from 21.02.1994
Termination or Rescission. 10.1 Both Parties confirm that the signing and performance of this Agreement are in accordance with the Memorandum. Each Party hereby confirms that it is fully aware of and fully understands the content of the Memorandum, and agrees that the non-breaching Party may immediately request for the suspension or early termination of the Building transfer arrangement under this Agreement if there occurs any breach of the Memorandum in any Building Purchase Agreement TRANSLATION FOR REFERENCE ONLY aspect.
Termination or Rescission. No threat or claim of default under any agreement of the type referred to in Warranty clause 9.2 of this Schedule 5 (including the top fifteen contracts for various Group Companies and the top five property management contracts for the Group referred to at paragraph 9.2) has been made to any of the Group Companies and is outstanding against such Group Company.
Termination or Rescission. The Buyer shall not be entitled to terminate or rescind this agreement or any agreement or document entered into pursuant to this agreement. SCHEDULE 8 Escrow Account
Termination or Rescission. Lessor may terminate or rescind this Agreement as to the Properties or exercise any other right or remedy which may be available under Law or in equity or proceed by appropriate court action to enforce the terms hereof or to recover damages for the breach hereof. Notwithstanding the foregoing provisions of this Section, so long as (a) Lessor has not entered into a commitment to sell the applicable Properties in the course of exercising remedies following the occurrence of an Event of Default and (b) Lessor has received from Lessee the amounts set forth below within five (5) Business Days after notice from Lessor as to the occurrence of an Event of Default (provided, however, that Lessor's notice shall be deemed to occur automatically upon an Event of Default under Sections 22(f) or 22(g), hereof), Lessee may purchase all but not less than all of the Properties by paying to Lessor an aggregate amount equal to (x) the greater of Fair Market Sales Value at such time or Casualty Loss Value as of the immediately preceding Basic Payment Date (or if such date is a Basic Payment Date, as of such date), (y) all Basic Payments and Supplemental Payments then due and owing or accrued and (z) all Sales Expenses in connection with the sale of the Properties by Lessor to Lessee. Upon Lessor's receipt and verification of payment of the above-referenced amounts, Lessor shall, at Lessee's cost and expense, execute and deliver special warranty deeds and special warranty bills of sale, as appropriate, in order to convey to Lessee the Properties on an as is, where-is and with all faults basis, without recourse or representation or warranty of any kind except as to the absence of Liens created by or through Lessor. In addition, Lessee shall be liable for any and all Supplemental Payments due hereunder before or after any termination hereof, including without limitation all costs and expenses (including without limitation reasonable attorney's fees and disbursements) incurred by reason of the occurrence of any Event of Default or the exercise of Lessor's remedies with respect thereto including without limitation all costs and expenses incurred in connection with the return of the Properties in accordance with the terms of Section 6 hereof or any appraisal of the Properties. At any sale of the Properties, Lessor may bid for and purchase such property. Except as otherwise expressly provided above, no remedy referred to in this Section 23 is intended to be exclusive, but each shall...
Termination or Rescission. The Buyer shall not be entitled to terminate or rescind this agreement or any agreement or document entered into pursuant to this agreement. SCHEDULE 4 Pre-Emption Rights 1 For the purposes of this Schedule:
Termination or Rescission. 9.1 The Parties hereby confirm that this Agreement is executed and performed in accordance with the Memorandum. The Licensee hereby confirms that it fully understands the contents of the Memorandum and agrees that, in case Xxxxxxxx Xx commits any breach of the Memorandum, the Licensor may immediately require a suspension or early termination of the trademark license arrangement contained under this Agreement. If any party to the Memorandum breaches the Memorandum or this Agreement, or any transaction contemplated under the Memorandum is not completed by the end of March 31, 2008, this Agreement shall become rescinded automatically and the Parties agree to take all necessary actions to cancel and revoke all completed or ongoing transactions, unless (i) the Parties agree otherwise in writing, (ii) the Memorandum expressly stipulates otherwise, or (iii) the parties to the Memorandum agree, in writing, to continue the arrangement of this Agreement.
Termination or Rescission. No threat or claim of default under any agreement, instrument or arrangement to which any Group Company is a party has been made and is outstanding against any Group Company, and, so far as the Warrantors are aware, there is nothing whereby any such agreement, instrument or arrangement may be prematurely terminated or rescinded by any other party, or whereby the terms may become less favourable or whereby any security thereunder may be enforced.
Termination or Rescission. The Buyer shall not be entitled to terminate or rescind this agreement.
