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Common use of Failure to Close Clause in Contracts

Failure to Close. The Executive’s employment hereunder shall terminate in the event that the Closing Date does not occur prior to the Outside Closing Date.

Appears in 8 contracts

Sources: Employment Agreement (Hawaiian Telcom Communications, Inc.), Employment Agreement (Hawaiian Telcom Communications, Inc.), Employment Agreement (Hawaiian Telcom Communications, Inc.)

Related Clauses

  • Failure to Fulfill Conditions
  • Failure to Timely Deliver; Buy-In
  • Failure to Cure
  • Failure to Complete
  • Failure to Notify

Parent Clauses

  • Purchase of Capital Securities
  • Termination
  • Closing
  • Miscellaneous
  • Additional Agreements

Sub-Clauses

  • Seller's Default
  • Notices
  • Buyer's Default
  • Disposition of Deposit upon Termination and Lack of Satisfaction of Conditions
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