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Common use of Occurrence of Closing Clause in Contracts

Occurrence of Closing. In the event that the Transactions contemplated by the Merger Agreement are abandoned or not consummated, this Letter shall be null and void and of no force and effect.

Appears in 3 contracts

Sources: Retention Letter Agreement (Glaxosmithkline PLC), Retention Letter (Glaxosmithkline PLC), Retention Letter Agreement (Glaxosmithkline PLC)

Related Clauses

  • Extension of Closing Date
  • Purchaser’s Closing Deliveries
  • Buyer’s Closing Deliveries
  • Location of Closing
  • Simultaneous Closing

Parent Clauses

  • Closing
  • Miscellaneous
  • Expense Reimbursement
  • Conditions Applicable to the Subsequent Closing
  • Material Adverse Change

Sub-Clauses

  • Sellers Warranties
  • No Leakage
  • Form and Scope of Seller’s Warranties
  • Legal Situation of the Shares and the Subsidiary Shares
  • Seller’s Capacity
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