Non-Fulfilment definition

Non-Fulfilment. If the conditions set out in Clause 6.2 are not fulfilled on or prior to 31st January, 2005, or such later date as may be agreed in writing between the Company and the Vendor, the obligations of the Company and the Vendor under this Clause 6 shall terminate and neither of the parties shall have any claim against the others for costs, damages, compensation or otherwise in respect of the Subscription.
Non-Fulfilment has the meaning given to that term in Article 9.1 (subject to Article 9.2).
Non-Fulfilment. If the conditions set out in Clause 2.2 are not fulfilled on or prior to 30th November, 2004 or such later date as may be agreed in writing between the Company and the Subscriber, the obligations of the Company and the Subscriber under this Clause 2 shall terminate and neither of the parties shall have any claim against the others for costs, damages, compensation or otherwise in respect of the Subscription.

Examples of Non-Fulfilment in a sentence

  • A claim (in the amount as finally determined by virtue of a judgement of a court of competent jurisdiction or agreed between the relevant Parties) against the Seller and/or the Transferors for damages and related costs in connection with a Breach or Non-Fulfilment shall not be permitted for any individual claim in an amount below the equivalent in Pounds Sterling at the average of the two highest and two lowest figures of the spot rate of exchange of Chase Manhattan Bank NA.

  • The Purchaser shall notify the Seller of any claim for a Breach or Non-Fulfilment within 30 (in words: thirty) days of becoming aware thereof.

  • Any failure by any Party to notify the other pursuant to this Article 9.1 and the content of any notification made pursuant hereto shall not in any way affect the right to bring a claim for a Breach or Non-Fulfilment.