Termination Without Default; Expenses. In the event that the Closing of the transactions contemplated hereunder has not occurred by March 30, 2018 (the “Outside Closing Date”) and no material breach of this Agreement by Parent, on one hand, or the Company, on the other hand, seeking to terminate this Agreement shall have occurred or have been made, Parent or the Company shall have the right, at its sole option, to terminate this Agreement without liability to the other side. Such right may be exercised by Parent or the Company, as the case may be, giving written notice to the other at any time after the Outside Closing Date. In the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection with this Agreement.
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Samples: Acquisition and Share Exchange Agreement (Token Communities Ltd.), Acquisition and Share Exchange Agreement (Pacific Media Group Enterprises, Inc.)
Termination Without Default; Expenses. In the event that the Closing of the transactions contemplated hereunder has not occurred by March 30April 5th 2019, 2018 (the “Outside Closing Date”) and no material breach of this Agreement by Parent, on one hand, or the Company, on the other hand, seeking to terminate this Agreement shall have occurred or have been made, Parent or the Company shall have the right, at its sole option, to terminate this Agreement without liability to the other side. Such right may be exercised by Parent or the CompanyCompany may exercise such right, as the case may be, giving written notice to the other at any time after the Outside Closing Date. In the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection with this Agreement.
Appears in 2 contracts
Samples: Acquisition and Share Exchange Agreement (Token Communities Ltd.), Acquisition and Share Exchange Agreement (Token Communities Ltd.)
Termination Without Default; Expenses. In the event that the Closing of the transactions contemplated hereunder has not occurred by March June 30, 2018 2015 (the “"Outside Closing Date”") and no material breach of this Agreement by Parent, on one hand, or the Company, on the other hand, seeking to terminate this Agreement shall have occurred or have been made, Parent or the Company shall have the right, at its sole option, to terminate this Agreement without liability to the other side. Such right may be exercised by Parent or the Company, as the case may be, giving written notice to the other at any time after the Outside Closing Date. In the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection with this Agreement.
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Samples: Merger and Share Exchange Agreement (Asta Holdings, Corp.)
Termination Without Default; Expenses. In the event that the Closing of the transactions contemplated hereunder has not occurred by March 30October 4, 2018 2015 (the “Outside Closing Date”) and no material breach of this Agreement by Parent, on one hand, or the Company, on the other hand, seeking to terminate this Agreement shall have occurred or have been made, Parent or the Company shall have the right, at its sole option, to terminate this Agreement without liability to the other side. Such right may be exercised by Parent or the Company, as the case may be, giving written notice to the other at any time after the Outside Closing Date. In the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection with this Agreement.
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Termination Without Default; Expenses. In the event that the Closing of the transactions contemplated hereunder has not occurred by March September 30, 2018 2015 (the “Outside Closing Date”) and no material breach of this Agreement by Parent, on one hand, or the Company, on the other - 30 - hand, seeking to terminate this Agreement shall have occurred or have been made, Parent or the Company shall have the right, at its sole option, to terminate this Agreement without liability to the other side. Such right may be exercised by Parent or the Company, as the case may be, giving written notice to the other at any time after the Outside Closing Date. In the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection with this Agreement.
Appears in 1 contract
Samples: Merger and Share Exchange Agreement (Future Healthcare of America)
Termination Without Default; Expenses. In the event that the Closing of the transactions contemplated hereunder has not occurred by March 30September 17th, 2018 (the “Outside Closing Date”) and no material breach of this Agreement by Parent, on one hand, or the Company, on the other hand, seeking to terminate this Agreement shall have occurred or have been made, Parent or the Company shall have the right, at its sole option, to terminate this Agreement without liability to the other side. Such right may be exercised by Parent or the Company, as the case may be, giving written notice to the other at any time after the Outside Closing Date. In the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection with this Agreement.
Appears in 1 contract
Samples: Acquisition and Share Exchange Agreement (GRCR Partners Inc)
Termination Without Default; Expenses. In the event that the Closing of the transactions contemplated hereunder has not occurred by March 30, 2018 August 30th 2021 (the “Outside Closing Date”) and no material breach of this Agreement by Parent, on one hand, or the Company, on the other hand, seeking to terminate this Agreement shall have occurred or have been made, Parent or the Company shall have the right, at its sole option, to terminate this Agreement without liability to the other side. Such right may be exercised by Parent or the Company, as the case may be, giving written notice to the other at any time after the Outside Closing Date. In the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection with this Agreement.
Appears in 1 contract
Samples: Acquisition Agreement (IWEB, Inc.)
Termination Without Default; Expenses. In the event that the Closing of the transactions contemplated hereunder has not occurred by March 30December 31, 2018 2015 (the “Outside Closing Date”) and no material breach of this Agreement by Parent, on one hand, or the Company, on the other hand, seeking to terminate this Agreement shall have occurred or have been made, each of Parent or and the Company shall have reserve the right, at its their respective sole optionoptions, to terminate this Agreement without liability to the other sideits opposite hereunder. Such right may be exercised by either of Parent or the Company, as the case may be, by giving written notice to the other at any time after the Outside Closing Date. In the event this Agreement is terminated pursuant to this Section 11.1, each party shall bear its own expenses incurred in connection with this Agreement.
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