Termination Condition definition

Termination Condition is defined in Annex I to the Agreement.

Termination Condition has the meaning set forth in Annex A.

Termination Condition shall have the meaning set forth in Section 2.1(a).

Examples of Termination Condition in a sentence

• The Offer shall be made by means of an offer to purchase (the “Offer to Purchase”) that contains the terms set forth in this Agreement, the Minimum Condition, the Termination Condition and the other Offer Conditions.

• Tenant shall have the right to terminate this Lease following damage to or destruction of all or a substantial portion of the Premises if the Premises are destroyed or damaged during the last twenty-four (24) months of the Term or any Extension, which termination shall be deemed to constitute a Termination Condition.

• The obligations of Purchaser to, and of Parent to cause Purchaser to, accept for payment, and pay for, any Shares validly tendered pursuant to the Offer are subject only to the terms and conditions set forth in this Agreement, including the satisfaction of the Minimum Condition, the Termination Condition and the other conditions set forth in Annex I (collectively, the “Offer Conditions”).

• Tenant shall have the right to terminate this Lease following damage to or destruction of all or a substantial portion of the Premises if the Premises are destroyed or damaged during the last twelve (12) months of the Term, which termination shall be deemed to constitute a Termination Condition.

• In the event of a Merger, the Company shall require in writing any successor Person to assume and agree to perform this Agreement; failure to so assume and agree shall constitute a Deemed Termination Condition for purposes of Section 5.1.2(d).

More Definitions of Termination Condition

Termination Condition has the meaning set forth in the recitals to this Agreement.

Termination Condition shall have the meaning set forth in Exhibit A to this Agreement.

Termination Condition means that the Merger Agreement shall have been validly terminated in accordance with its terms.

Termination Condition means a condition identified in a protection agreement as a condition that, if contravened, may result in the ending of a person’s involvement in the witness protection program.

Termination Condition is defined in Annex I.

Termination Condition is defined as prior to or concurrently with Landlord’s termination notice terminating this Lease, Landlord terminates the leases of all other tenants of the Building which contain termination rights in favor of Landlord permitting Landlord to terminate such leases in the event of casualty damage. Upon the occurrence of any damage to the Premises for which Landlord has elected, or is otherwise required, to repair, then provided this Lease has not been terminated, Tenant shall assign to Landlord all insurance proceeds payable to Tenant under Section 9.3.2(i) above with respect to the Permanent Alterations in the Premises and Landlord shall repair any damage to such Permanent Alterations (provided if the cost of such repair of such Permanent Alterations exceeds the sum of (x) the amount of insurance proceeds for such Permanent Alterations received by Landlord from Tenant or Tenant’s insurance carrier, as assigned by Tenant, plus (y) any insurance proceeds received by Landlord from Landlord’s insurance with respect to such Permanent Alterations, the excess cost of such repairs to such Permanent Alterations shall be paid by Tenant to Landlord prior to Landlord’s commencement of repair of the damage). Additionally, if the Premises or the Building is damaged to any substantial, material extent by fire or other casualty during the last twelve (12) months of the Term, and, in the reasonable judgment of Landlord’s independent third-party licensed contractor, the damage or destruction to the Premises or Building cannot be repaired by the date which is sixty (60) days after such casualty damage, and Tenant elects not to exercise any existing renewal option in its favor (which has not been previously waived or expired), then notwithstanding anything contained herein, Landlord and/or Tenant shall have the option to terminate this Lease by giving written notice to the other party of the exercise of such option within sixty (60) days after such party learns learn of the necessity for repairs as the result of such damage.

Termination Condition has the meaning specified in Section 3.01.