Long Stop Date. If the conditions precedent set out in Section 3 of this Agreement have not been fulfilled or waived on or before May 13, 2016, the rights and obligations of the Company and Large Scale under this Agreement shall lapse and be of no further force and effect and neither party shall have any liability under this Agreement (without prejudice to the rights of the parties hereto in respect of any antecedent breaches of this Agreement).
Appears in 3 contracts
Sources: Convertible Note Purchase Agreement (Burcon NutraScience Corp), Convertible Note Purchase Agreement (Chan Kwok Keung Charles), Convertible Note Purchase Agreement (Burcon NutraScience Corp)