Failure to Timely Close. In the event that this transaction shall not ----------------------- close by the Closing Date, unless an extension is agreed to and by the parties, then all parties shall be relieved of all obligations, commitments, liabilities and responsibilities hereunder and this Agreement shall be deemed null, void and of no force and effect.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Big Hub Com Inc), Purchase and Sale Agreement (Big Hub Com Inc)
Failure to Timely Close. In the event that this transaction shall not ----------------------- close by the Closing Date, unless an extension is agreed to and by the parties, then all parties shall be relieved of all obligations, commitments, liabilities and responsibilities hereunder and this Agreement shall be deemed null, void and of no force and effect.
Appears in 1 contract