Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 4 contracts
Samples: Option to Purchase Stock Agreement (Biolynx Com Inc), Stock Purchase Agreement (Simonds Industries Inc), Stock Purchase Agreement (Stockeryale Inc)
Termination Procedure. Any party having the right to terminate this --------------------- Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 4 contracts
Samples: Purchase Stock Agreement (Biolynx Com Inc), Purchase Stock Agreement (Biolynx Com Inc), Biolynx Com Inc
Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 4 contracts
Samples: Share Exchange Agreement (Everlert Inc), 2 Share Exchange Agreement (Everlert Inc), Share Exchange Agreement (Everlert Inc)
Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party in favor of any other party.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Praegitzer Industries Inc), Stock Purchase Agreement (United Grocers Inc /Or/), Stock Purchase Agreement (Utah Medical Products Inc)
Termination Procedure. Any party having the desiring to exercise its right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement by delivering shall deliver to the other party written notice of termination in accordance with Section 13.6, stating with a reasonable degree of specificity the reason relied upon for such termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Medical Transcription Billing, Corp), Asset Purchase Agreement (Medical Transcription Billing, Corp), Asset Purchase Agreement (AgFeed Industries, Inc.)
Termination Procedure. Any party having In the right to terminate event of the termination of this Agreement due pursuant to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement Section 9.1 hereof, written notice thereof shall forthwith be given by delivering the Party so terminating to the other party written notice of terminationParty, and thereupon, this Agreement will be shall terminate without further action by any Party. If this Agreement is terminated without obligation or liability of any party.pursuant to Section 9.1 hereof:
Appears in 2 contracts
Samples: Share Purchase Agreement (Yamana Gold Inc), La Libertad Share Purchase Agreement (Yamana Gold Inc)
Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any partyparty except as otherwise provided herein.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Healthextras Inc), Securities Purchase Agreement (Healthextras Inc)
Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 6 or 7 or 8 hereto may terminate this Agreement by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Katz David), Stock Purchase Agreement (Katz David)
Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 6 or 7 or 8 hereto may 7 8 terminate this Agreement by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 2 contracts
Samples: Exhibit 2 Stock Purchase Agreement (Healthmed Inc), Stock Purchase Agreement (Healthmed Inc)
Termination Procedure. Any party having the a right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement by delivering to the other party parties written notice of the termination, and thereupon, this Agreement will shall be terminated without obligation or liability of any party in favor of any other party.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Protection One Inc), Stock Purchase Agreement (Protection One Inc)
Termination Procedure. Any party having the right to terminate this Agreement due pursuant to a failure of a condition precedent contained in Sections 7 Section 11.1 or 8 hereto 11.2 may terminate this Agreement by delivering to the other party written notice of terminationtermination prior to the Closing, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Netivation Inc), Agreement and Plan of Merger (Netivation Inc)
Termination Procedure. Any party having This Agreement may be terminated only pursuant to Section 7.1(a)–(e). In order to terminate this Agreement, the right Party desiring to terminate this Agreement due to a failure shall give written notice of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement by delivering such termination to the other party written notice Parties in accordance with Section 9.2, specifying the provision of termination, and thereupon, this Agreement will be terminated without obligation or liability of any partypursuant to which such termination is effected.
Appears in 1 contract
Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 9, 10, or 8 11 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 1 contract
Samples: Exhibit 2 Agreement and Plan of Merger (Security Biometrics Inc)
Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 Articles 8 or 8 9 hereto may terminate this Agreement by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party.
Appears in 1 contract
Termination Procedure. Any party having the right to terminate this ---------------------- Agreement due to a failure of a condition precedent contained in Sections 7 or and 8 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party, except as set forth in the Escrow Agreement.
Appears in 1 contract
Termination Procedure. Any party having In the right to terminate event of the termination of this Agreement due pursuant to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement Section 8.1, written notice thereof shall forthwith be given by delivering the Party so terminating to the other party written notice of terminationParties, and thereupon, this Agreement will be shall terminate without further action by any Party. If this Agreement is terminated without obligation or liability of any party.pursuant to Section 8.1:
Appears in 1 contract
Termination Procedure. Any party having (a) In the right to terminate event of the termination of this Agreement due pursuant to a failure of a condition precedent contained in Sections 7 or 8 hereto may terminate this Agreement Section 8.1, written notice thereof shall forthwith be given by delivering the Party so terminating to the other party written notice of terminationParty, and thereupon, this Agreement will be terminated shall terminate (in whole or in part, as applicable) without obligation or liability of any partyfurther action by either Party.
Appears in 1 contract
Samples: Asset Purchase Agreement
Termination Procedure. Any party having the right to terminate this Agreement due to a failure of a condition precedent contained in Sections 7 or and 8 hereto may terminate this Agreement prior to Closing by delivering to the other party written notice of termination, and thereupon, this Agreement will be terminated without obligation or liability of any party, except as set forth in the Escrow Agreement.
Appears in 1 contract
Samples: Stock Purchase Agreement (Nostrad Telecommunications Inc)