Termination by Sellers. This Agreement may be terminated at any time prior to the Closing Date by Sellers as follows:
Termination by Sellers. This Agreement may be terminated by Sellers and the purchase and sale of the Assets, the Shares, and the Options abandoned, if Sellers are not then in material default under this Agreement, upon written notice to Buyer, upon the occurrence of any of the following:
Termination by Sellers. If there has been a material breach by Purchaser of any of its agreements, representations or warranties contained in this Agreement which has not been waived in writing by the Sellers, then the Sellers may, by written notice to Purchaser at any time prior to the Closing that such breach is continuing, terminate this Agreement with the effect set forth in Section 9.1(b)(iii).
Termination by Sellers. This Agreement may be terminated by Sellers and the purchase and sale of the Station abandoned, if Sellers are not then in material default, upon written notice to Buyer, upon the occurrence of any of the following:
Termination by Sellers. If (i) there has been a material violation or breach by Buyer of any of the agreements, representations or warranties contained in this Agreement which has not been waived in writing by Sellers, or (ii) there has been a failure of satisfaction of a condition to the obligations of Sellers which has not been so waived, or (iii) Buyer shall have attempted to terminate this Agreement under this Article 14 or otherwise without grounds to do so, then Sellers may, by written notice to Buyer at any time prior to the Closing that such violation, breach, failure or wrongful termination attempt is continuing, terminate this Agreement with the effect set forth in Section 14.2.(c) hereof.
Termination by Sellers. The Sellers may terminate this Agreement with respect to the Buyer (as between the Buyer and each Seller) if the Buyer has failed to consummate the transactions contemplated hereby upon satisfaction of the conditions set forth in Sections 5.1 and 5.2, without any further liability on the part of the Sellers, on or after the End Date; provided that no Seller is in material breach of its obligations hereunder.
Termination by Sellers. SECTION 3.01.
Termination by Sellers. Sellers may, in their sole discretion, terminate this Agreement and all obligations of both Buyers and Sellers hereunder, if funding for the amounts due Sellers hereunder is not received by Sellers or their designees by 5:00 p.m. (E.S.T.) Friday, June 17, 2005. EXECUTED and delivered as of the date first written above. “SELLERS” GEOSTAR CORPORATION By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, Vice President FIRST SOURCE TEXAS, INC. By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, Vice President FIRST SOURCE BOSSIER, LLC By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, on behalf of its Managing Member FIRST TEXAS GAS LP By: /s/ XXXX X. XXXXXXX Xxxx X. Xxxxxxx, on behalf of its General Partner “BUYERS” GASTAR EXPLORATION LTD. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, President and Chief Executive Officer FIRST TEXAS DEVELOPMENT, INC. By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, President BOSSIER BASIN, LLC By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, on behalf of its Managing Member FIRST SOURCE GAS, LP By: /s/ J. XXXXXXX XXXXXX J. Xxxxxxx Xxxxxx, on behalf of its General Partner
Termination by Sellers. In the event any of the conditions contained in Section 9.2(a) are not fully and completely satisfied as of the Outside Date, and the conditions shall not have been expressly waived in writing by Sellers, this Agreement shall terminate upon notice by Sellers to Buyer. In addition, Sellers shall have the right to terminate this Agreement as provided in Section 6.12 above.
Termination by Sellers. Sellers may, without liability to Buyer, terminate this Agreement by notice to Sellers (i) at any time prior to the Closing if a default shall be made by any of the Buyer in the observance or in the due and timely performance of any of the terms hereof to be performed by Buyer that cannot be cured at or prior to the Closing, or (i) at the Closing if any of the conditions precedent to the performance of Sellers' obligations at the Closing shall not have been fulfilled.
