Examples of Cancellation Agreement in a sentence
As completion of the Acquisition is due to take place within 14 days after signing of the S&P Agreement and the terms and conditions of the S&P Agreement will have to be re-negotiated such that the classification of the transaction is in compliance with Rule 14.75 of the Listing Rules, after discussions with the Vendor, the Purchaser and the Vendor entered into the Cancellation Agreement on 1 August 2007 to cancel the S&P Agreement with effect from the date thereof.
Upon the signing of the Cancellation Agreement and the refund of the deposit, none of the parties to the S&P Agreement shall have any claim of any nature against any other of them.
As stipulated in the Cancellation Agreement, the Vendor has fully refunded the deposit to the Company upon the signing of the Cancellation Agreement.