Common use of Non-Fulfillment of Conditions Clause in Contracts

Non-Fulfillment of Conditions. If any of the conditions specified in Section 4.1 shall not have been fulfilled by the Expiration Date, the Company shall, at the Company’s election, be relieved of all further obligations under this Agreement, without thereby waiving any other rights it may have by reason of such non-fulfillment.

Appears in 3 contracts

Sources: Stock Purchase Agreement (OptimumBank Holdings, Inc.), Stock Purchase Agreement (OptimumBank Holdings, Inc.), Stock Purchase Agreement (OptimumBank Holdings, Inc.)

Non-Fulfillment of Conditions. If any of the conditions specified in Section 4.1 5.1 shall not have been fulfilled by the Expiration Date, the Company shall, at the Company’s election, be relieved of all further obligations under this Agreement, without thereby waiving any other rights it may have by reason of such non-fulfillment.

Appears in 1 contract

Sources: Stock Purchase Agreement (OptimumBank Holdings, Inc.)

Non-Fulfillment of Conditions. If any of the conditions specified in Section 4.1 6.1 shall not have been fulfilled by the Expiration Date, the Company shall, at the Company’s election, be relieved of all further obligations under this Agreement, without thereby waiving any other rights it may have by reason of such non-fulfillment.

Appears in 1 contract

Sources: Subscription Agreement (OptimumBank Holdings, Inc.)