Common use of Non-Satisfaction/Waiver Clause in Contracts

Non-Satisfaction/Waiver. 5.3.1 None of the conditions set out in Clause 5.1 may be waived in whole or in part at any time. 5.3.2 If any of the conditions set out in Clause 5.1 are not satisfied by 5.00 p.m. (London time) on the Longstop Date, any party may, in its sole discretion, terminate this Agreement (other than the Surviving Clauses), provided that in each case the party proposing to terminate this Agreement is not in material breach of this Agreement.‌ 6 Pre-Closing‌

Appears in 2 contracts

Sources: Contribution Agreement, Contribution Agreement

Non-Satisfaction/Waiver. 5.3.1 None of the conditions set out in Clause 5.1 may be waived in whole or in part at any time. 5.3.2 If any of the conditions set out in Clause 5.1 are not satisfied by 5.00 p.m. (London time) on the Longstop Date, any party may, in its sole discretion, terminate this Agreement (other than the Surviving Clauses), provided that in each case the party proposing to terminate this Agreement is not in material breach of this Agreement.‌ 6 Pre-Closing‌Agreement.

Appears in 1 contract

Sources: Contribution Agreement (Vodafone Group Public LTD Co)