Common use of Procedure Upon Termination Clause in Contracts

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 5 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Northland Cable Properties Eight Limited Partnership), Asset Purchase Agreement (Northland Cable Properties Seven Limited Partnership)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, and abandonment pursuant to Section 4.2 6.3(a) hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, hereto and this Agreement shall terminate, terminate and the purchase of the Purchased Assets hereunder transactions contemplated hereby shall be abandoned, abandoned without further action by Purchaser the Buyer or the Seller.

Appears in 4 contracts

Sources: Asset and Business Purchase Agreement (Nytest Environmental Inc), Asset and Business Purchase Agreement (Cdknet Com Inc), Stock Purchase and Exchange Agreement (Cdknet Com Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 4 contracts

Sources: Asset Purchase Agreement (Attis Industries Inc.), Asset Purchase Agreement, Asset Purchase Agreement (Attis Industries Inc.)

Procedure Upon Termination. In the event of termination of this Agreement by Purchaser or Seller, or both, pursuant to the foregoing Section 4.2 hereof, and except as to termination under to Section 4.2(a)3.05, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder transactions contemplated hereby shall be abandoned, without further action by Purchaser or Seller.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Cyber Digital Inc), Stock Purchase Agreement (Cyber Digital Inc), Stock Purchase Agreement (Elec Communications Corp)

Procedure Upon Termination. In the event of termination and abandonment by the Purchaser or Seller, the Company or both, pursuant to Section 4.2 3.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by the Purchaser or Sellerthe Company.

Appears in 4 contracts

Sources: Stock and Asset Purchase Agreement (Metron Technology N V), Stock and Asset Purchase Agreement (Applied Materials Inc /De), Stock and Asset Purchase Agreement (Segal Edward D)

Procedure Upon Termination. In the event of termination by Purchaser Buyer or Sellerthe Company, or bothas applicable, pursuant to Section 4.2 5.1 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and the transactions contemplated by this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, terminated without further action by Purchaser Buyer or Seller.the Company. If the transactions contemplated by this Agreement are so terminated:

Appears in 3 contracts

Sources: Stock Purchase Agreement (Master Distribution Systems, Inc.), Stock Purchase Agreement (Master Distribution Systems, Inc.), Stock Purchase Agreement (Master Distribution Systems, Inc.)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof4.4, and except as to termination under to Section 4.2(a), the terminating Party will give written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminatewill terminate as described in Section 4.6, and the purchase of the Purchased Assets hereunder shall will be abandoned, without further action by Purchaser or any Seller.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Cloud Peak Energy Inc.), Asset Purchase Agreement (Westmoreland Resource Partners, LP), Asset Purchase Agreement

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or the Seller, or both, pursuant to Section 4.2 4.1 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase and sale of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser or the Seller.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Monsanto Co /New/), Stock Purchase Agreement (Monsanto Co /New/)

Procedure Upon Termination. In the event of termination of this Agreement by Purchaser Buyer or SellerAgent, or both, pursuant to Section 4.2 3.05 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser Buyer or SellerSellers.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Us Concrete Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser the Selling Stockholder or SellerPurchaser, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the sale and purchase of the Purchased Assets Selling Stockholder Shares hereunder shall be abandoned, without further action by Purchaser the Selling Stockholder or SellerPurchaser.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Sixx Holdings Inc), Stock Purchase Agreement (Bailey Lee Ann)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, Buyer and/or Seller pursuant to Section 4.2 12.1 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or partiesParty, and this Agreement shall terminate, and the purchase of the Purchased Acquired Assets hereunder shall be abandoned, without further action by Purchaser Buyer or Seller.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Amphastar Pharmaceuticals, Inc.), Asset Purchase Agreement (Amphastar Pharmaceuticals, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or SellerSellers, or both, pursuant to Section 4.2 4.4 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or SellerSellers.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Enesco Group Inc), Asset Purchase Agreement

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 2 contracts

Sources: Asset Purchase Agreement (DZS Inc.), Asset Purchase Agreement (KMG Chemicals Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser Purchasers or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)4.2, written notice thereof shall forthwith be given to the other party or parties, specifying the basis for such termination, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser Purchasers or Seller.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (China Carbon Graphite Group, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or bothSeller Representative and the Equity Sellers Representative (Seller Representative and Equity Sellers Representative being considered one party), pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser or Sellerthe Sellers.

Appears in 2 contracts

Sources: Stock Purchase Agreement (UCI Holdco, Inc.), Stock Purchase Agreement (United Components Inc)

Procedure Upon Termination. In the event of termination by the Purchaser or the Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)3.3, written notice thereof shall forthwith be given by the terminating party to the other party Purchaser or partiesParent, as applicable, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by the Purchaser or Sellerthe Parent.

Appears in 2 contracts

Sources: Purchase Agreement, Purchase Agreement (Lehman Brothers Holdings Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Acquired Shares hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Stock Purchase Agreement (Preferred Voice Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, the Selling Stockholder or both, both pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser or Sellerthe Selling Stockholder.

Appears in 1 contract

Sources: Stock Purchase Agreement (Wabash National Corp /De)

Procedure Upon Termination. In the event of termination and abandonment by the Agent, Purchaser or and/or Seller, or both, pursuant to Section 4.2 5.1 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, subject to Section 5.3, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser the Agent or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Endeavour International Corp)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser Buyer or Seller, or both, pursuant to Section 4.2 10.1 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser Buyer or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Nutracea)

Procedure Upon Termination. In the event of termination and abandonment by Parent, Purchaser or Seller, or both, Seller pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Parent, Purchaser or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Core-Mark Holding Company, Inc.)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and terminate in accordance with the purchase of the Purchased Assets hereunder shall be abandonedterms hereof, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Stock Purchase Agreement (Lin Television Corp)

Procedure Upon Termination. In the event of termination of this Agreement by Purchaser or SellerSellers, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or SellerSellers.

Appears in 1 contract

Sources: Asset Purchase Agreement (Thestreet, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, and/or Seller pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Share Purchase Agreement (Verint Systems Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or SellerHoldings, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Units hereunder shall be abandoned, without further action by Purchaser or SellerHoldings.

Appears in 1 contract

Sources: Unit Purchase Agreement (Simmons Co)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser Parent or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Parent, Purchaser or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Darling International Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)4.3, written notice thereof shall forthwith be given to the other party or parties, specifying the provision of Section 4.3 pursuant to which such termination is made, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder and the other transactions contemplated hereby shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Stock Purchase Agreement (Viasystems Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets transactions contemplated hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Global Crossing LTD)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser Purchaser, Seller or Sellerthe Company, or bothby all parties, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser Purchaser, Seller or Sellerthe Company.

Appears in 1 contract

Sources: Stock Purchase Agreement (RDA Holding Co.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Sellerthe Shareholder, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser or Sellerthe Shareholder.

Appears in 1 contract

Sources: Stock Purchase Agreement (Omega Protein Corp)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof (specifying in reasonable detail the grounds therefore if such termination is pursuant to Section 4.2(c), (d), (e), (f), (g), (h) or (i)) shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, terminate without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Asset and Stock Purchase Agreement (Georgia Pacific Corp)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)4.3, written notice thereof shall forthwith be given to the other party or parties, specifying the provision of Section 4.3 pursuant to which such termination is made, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder transactions contemplated hereby shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Gentek Inc)

Procedure Upon Termination. In the event of termination and abandonment of the transactions contemplated hereby by Purchaser Buyer or SellerSellers, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)8.4, written notice thereof shall forthwith be given to the other party or partiesParty, and this Agreement shall terminate, and the purchase of the Purchased Assets Equity Interests hereunder shall be abandoned, without further action by Purchaser or Sellerany Party.

Appears in 1 contract

Sources: Equity Interest Purchase Agreement (Tetra Technologies Inc)

Procedure Upon Termination. In the event of termination by Purchaser or SellerSellers, or both, pursuant to Section 4.2 4.4 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or SellerSellers.

Appears in 1 contract

Sources: Asset Purchase Agreement (Headwaters Inc)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets and the assumption of the Assumed Liabilities hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Oneok Inc /New/)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to in accordance with Section 4.2 hereof, and except as to termination under to Section 4.2(a)7.1, written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder Acquisition shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Insteel Industries Inc)

Procedure Upon Termination. In the event of a valid termination of this Agreement by Purchaser or Seller, or both, the Seller Representative pursuant to Section 4.2 4.1 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser Purchaser, Holdings or Sellerthe Sellers.

Appears in 1 contract

Sources: Stock Purchase Agreement (Forterra, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser Buyer or SellerSellers, or both, pursuant to Section 4.2 7.9(a) hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder Interests shall be abandoned, without further action by Purchaser Buyer or SellerSellers.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Energy Transfer Partners, L.P.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)6.1, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Target Interests hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Merger Agreement (WPX Energy, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or SellerSellers, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or SellerSellers.

Appears in 1 contract

Sources: Asset Purchase Agreement (DXP Enterprises Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Sellerthe Seller Representative, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Shares and Acquired Assets hereunder shall be abandoned, without further action by Purchaser or Sellerthe Sellers.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Iron Mountain Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 4.3 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Stock Purchase Agreement (CastlePoint Holdings, Ltd.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder provided that no such termination by Seller shall be abandonedeffective unless and until Seller shall have paid the Termination Fee required to be paid by it pursuant to Section 4.5, without further action by Purchaser or Sellerif applicable.

Appears in 1 contract

Sources: Asset Purchase Agreement (Exabyte Corp /De/)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (DXP Enterprises Inc)

Procedure Upon Termination. In the event of a termination of this Agreement by the Purchaser or Sellerthe Sellers, or both, pursuant to Section 4.2 hereof3.4, and except as to termination under to Section 4.2(a), (a) written notice thereof of such termination shall forthwith be given promptly by the terminating party to the other party or partiesparties hereto, and specifying the provision hereof pursuant to which such termination is made, (b) except as set forth in Section 3.6, this Agreement shall terminate, thereupon terminate and the purchase become void and of the Purchased Assets hereunder shall be abandoned, without no further action by Purchaser force or Seller.effect and

Appears in 1 contract

Sources: Asset Purchase Agreement

Procedure Upon Termination. In the event of termination and abandonment by Purchaser Buyer or SellerSellers, or both, pursuant to Section 4.2 13.1 hereof, and except as to termination under to provided in Section 4.2(a13.1(f) (in which case no notice shall be required), written notice thereof shall forthwith be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Subject Assets hereunder shall be abandoned, without further action by Purchaser Buyer or SellerSellers.

Appears in 1 contract

Sources: Asset Purchase Agreement (Torch Offshore Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or SellerSellers, or both, pursuant to Section 4.2 4.4 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith promptly be given to the other party Party or partiesParties, and this Agreement shall terminate, and the purchase of the Purchased Assets and assumption of the Assumed Liabilities hereunder shall be abandoned, without further action by Purchaser or SellerSellers.

Appears in 1 contract

Sources: Asset Purchase Agreement (Wattles Mark J)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Sellerthe Holder Representative , or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Securities hereunder shall be abandoned, without further action by Purchaser or Sellerthe Selling Holders.

Appears in 1 contract

Sources: Securities Purchase Agreement (Brady Corp)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 2.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party Party or parties, Parties and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, terminate without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Stock Purchase Agreement (Quovadx Inc)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Membership Interest hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Limited Liability Company Membership Interest Purchase Agreement (Oneok Inc /New/)

Procedure Upon Termination. In the event of termination and abandonment by the Purchaser or Sellerthe Sellers’ Representative (on behalf of the Sellers), or both, pursuant to Section 4.2 2.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder transactions contemplated by this Agreement shall be abandoned, without further action by Purchaser the Purchaser, the Sellers, the Company or Sellerthe Sellers’ Representative.

Appears in 1 contract

Sources: Stock Purchase Agreement (Quadrant 4 System Corp)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser Buyer or Sellerthe Sellers’ Representative, or both, pursuant to Section 4.2 3.4 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser Buyer or Sellerthe Sellers.

Appears in 1 contract

Sources: Stock Purchase Agreement (NCI, Inc.)

Procedure Upon Termination. In the event of termination and abandonment of the transactions contemplated hereby by Purchaser Buyer or SellerSellers, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)7.4, written notice thereof shall forthwith be given to the other party or partiesParty, and this Agreement shall terminate, and the purchase of the Purchased Assets Properties hereunder shall be abandoned, without further action by Purchaser or Sellerany Party. In such event, within one (1) Business Day after such termination, Buyer shall execute and deliver, and Seller shall deliver a counterpart duly executed by Seller Parent, of an instrument terminating the Bonding Agreement.

Appears in 1 contract

Sources: Asset Purchase and Sale Agreement (Tetra Technologies Inc)

Procedure Upon Termination. In the event of termination and abandonment by the Purchaser or the Seller, or both, pursuant to Section 4.2 3.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by the Purchaser or the Seller.

Appears in 1 contract

Sources: Stock Purchase Agreement (In Veritas Medical Diagnostics, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, Seller pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Property hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Real Estate Purchase and Sale Agreement (Core-Mark Holding Company, Inc.)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Sellerthe Selling Stockholder, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser or Sellerthe Selling Stockholder.

Appears in 1 contract

Sources: Stock Purchase Agreement (Mattel Inc /De/)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Sellerthe Company, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or Sellerthe Company.

Appears in 1 contract

Sources: Asset Purchase Agreement (Resource America Inc)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Bell Industries Inc /New/)

Procedure Upon Termination. In the event of termination by the Purchaser or the Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)3.3, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by the Purchaser or the Seller.

Appears in 1 contract

Sources: Purchase Agreement (Steiner Leisure LTD)

Procedure Upon Termination. In the event of a termination of this Agreement by the Purchaser or SellerSellers, or both, pursuant to Section 4.2 hereof3.4, and except as to termination under to Section 4.2(a), (a) written notice thereof shall forthwith be given promptly by the terminating party to the other party or partiesparties hereto, specifying the provision hereof pursuant to which such termination is made, and (b) the consummation of the transactions contemplated by this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, abandoned without further action by Purchaser or Sellerof the parties hereto.

Appears in 1 contract

Sources: Asset Purchase Agreement (Champion Enterprises Inc)

Procedure Upon Termination. In the event of a termination of this Agreement by the Purchaser or Sellerthe Senior Agent, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)3.4, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Foreclosure Sale and Purchase Agreement (StarVox Communications, Inc. /DE/)

Procedure Upon Termination. In the event of termination by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or partiesparty, and this Agreement shall terminate, and the purchase of the Purchased Assets Equity Interests hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Limited Liability Company Membership Interest and Stock Purchase Agreement (Oneok Inc /New/)

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a), written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall terminate, and the purchase of the Purchased Assets Equity Interests and assignment and assumption of the Assigned Contracts hereunder shall be abandoned, without further action by Purchaser or Seller.

Appears in 1 contract

Sources: Stock Purchase Agreement (HealthMarkets, Inc.)

Procedure Upon Termination. In the event of termination by Purchaser or the Buyer, the Seller, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)this Article XII, written notice thereof shall forthwith promptly be given to the other party or parties, parties and the obligations of the Buyer and the Seller under this Agreement shall terminateshall, and the purchase of the Purchased Assets hereunder shall be abandonedexcept as set forth below, terminate without further action by Purchaser or Seller.action. Upon any such termination:

Appears in 1 contract

Sources: Asset Purchase Agreement (Consumers Financial Corp)

Procedure Upon Termination. In the event of termination of this Agreement by Purchaser or Seller, or both, Sellers pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)4.2, written notice thereof shall forthwith be given to the other party or parties, and this Agreement shall thereupon terminate, and the purchase of the Purchased Assets hereunder shall be deemed abandoned, without further action by Purchaser or SellerSellers.

Appears in 1 contract

Sources: Asset Purchase Agreement (Core-Mark Holding Company, Inc.)

Procedure Upon Termination. In the event of termination of this Agreement by the Purchaser or Seller, or both, the Seller pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a7.1(a), written notice thereof of such termination shall forthwith be given to the other party Seller (in the event of termination by the Purchaser) or partiesthe Purchaser (in the event of termination by the Seller), and this Agreement shall terminate, and the purchase of the Purchased Assets hereunder shall be abandoned, thereupon terminate without further action by Purchaser or Sellerany Party.

Appears in 1 contract

Sources: Share Purchase Agreement

Procedure Upon Termination. In the event of termination and abandonment by Purchaser or Sellerthe Selling Stockholder, or both, pursuant to Section 4.2 hereof, and except as to termination under to Section 4.2(a)4.2, written notice thereof shall forthwith be given to the other party or parties, specifying the basis for such termination, and this Agreement shall terminate, and the purchase of the Purchased Assets Shares hereunder shall be abandoned, without further action by Purchaser or Sellerthe Selling Stockholder.

Appears in 1 contract

Sources: Stock Purchase Agreement (Hollywood Media Corp)