Common use of Unilateral Termination Clause in Contracts

Unilateral Termination. (a) If any of the conditions contained in section 5.3 shall not be fulfilled or performed on or before the Outside Date and such condition has not been waived by the parties in accordance with the provisions of section 5.3, either of the parties may terminate this Agreement by notice to the other party and in such event both parties shall be released from all obligations under this Agreement and all rights of specific performance by either party shall terminate.

Appears in 7 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement

AutoNDA by SimpleDocs

Unilateral Termination. (a) If any of the conditions contained in section 5.3 shall not be fulfilled or performed on or before the Outside Date and such condition has not been waived by the parties in accordance with the provisions of section 5.3, either any of the parties may terminate this Agreement by notice to the other party parties and in such event both the parties shall be released from all obligations under this Agreement and all rights of specific performance by either party shall terminate.

Appears in 1 contract

Samples: Share Purchase Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.