Examples of Deposit Deadline in a sentence
On the Business Day on which the Deposit Deadline occurs, such Backstop Party will have available funds sufficient to pay such Backstop Party’s Aggregate Purchase Price.
If Purchaser fails to deliver the Xxxxxxx Money to Escrow Agent on or prior to the Deposit Deadline, this Agreement shall automatically terminate and shall be of no further force or effect and the parties hereto shall have no further rights or obligations hereunder.
This Agreement shall terminate automatically without any further action by Seller or Purchaser, if the Additional Deposit is not deposited with the Escrow Agent by the Additional Deposit Deadline.
The Corporation may waive compliance with the preceding sentence and accept proxies deposited after the Deposit Deadline but before the commencement of the Meeting or any adjournment thereof.
In the event that the Initial Deposit is not timely funded on or before the Initial Deposit Deadline for any reason, then this Agreement shall be automatically null and void and of no further force and effect (and Buyer shall have no rights, and Seller shall have no obligations, under this Agreement of any kind or nature).