Failure to Close; Termination. If the conditions set forth in Sections 6.1 and 6.2 are not satisfied or waived by April 6, 2007, this Agreement shall be terminated and be of no further force and effect; provided, however, that either Party shall have the right to terminate this Agreement immediately upon notice to the other Party if the condition precedent set forth in Section 5.1.6 shall have not been satisfied by March 29, 2007.
Appears in 3 contracts
Sources: Unit Transfer Agreement, Unit Transfer Agreement (Municipal Mortgage & Equity LLC), Unit Transfer Agreement (Sunpower Corp)