Result of non-satisfaction of Conditions Clause Samples

Result of non-satisfaction of Conditions. The Supplier may terminate this Agreement with immediate effect by giving written notice to the Buyer and Landowner if the Conditions are not satisfied on or before the 14th Business Day following the Commencement Date.
View SourceView Similar (2)
Result of non-satisfaction of Conditions. ‌ If the conditions referred to in clause 3.1 are not satisfied or waived in accordance with clause 3.1 on or before the Site Possession Date then all rights and obligations under this Contract other than: (a) those arising under this clause 3 and clauses 1, 2, 5, 23, 34, 35, 36, 38, 39, 42, 43, 44, 45 and 46; and (b) rights that have accrued before that date, terminate on that date.
View SourceView Similar (2)
Result of non-satisfaction of Conditions. If the conditions referred to in clause 6.1 are not satisfied or waived in accordance with clause 6.1.3 on or before the Commencement Date, then all rights and obligations under this Contract other than: (a) those arising under this clause 6 and clauses 1, 2, 23, 24, 35, 36, 38, 39; and (b) rights that have accrued before that date, terminate on that date.
View Source
Result of non-satisfaction of Conditions. If the conditions referred to in clause 3.1 are not satisfied or waived under clause 3.2 on or before the Completion Date, then all rights and obligations under this document other than: (a) this clause 3 and clauses 1 and 6 to 12; and (b) rights that accrue before that date, terminate on that date.
View Source
Result of non-satisfaction of Conditions. (a) If: (i) the Conditions are not satisfied (or waived in accordance with clause 3.4); by the End Date or (ii) any of the Conditions becomes incapable of satisfaction or the parties agree that any of the Conditions cannot be satisfied (and the relevant Condition is not waived in accordance with clause 3.4 by the End Date), then either USG or Boral may terminate this Agreement at any time before Completion by giving not less than 7 days written notice to the other Parties. (b) If Completion does not occur by the termination date specified in a notice under clause 3.5(a) then this Agreement will automatically terminate.
View Source
Result of non-satisfaction of Conditions. (a) If the Conditions Precedent are not satisfied or waived under clause 4.2 on or before the End Date, then each of the Seller or the Buyer may at any time after that date and before satisfaction or waiver of those Conditions Precedent, terminate this document by giving written notice to the other parties. (b) If this document is terminated in accordance with paragraph (a), then all rights and obligations under this document other than: (i) rights and obligations expressed in this clause 4 and clauses 1 (Interpretation), 17 (Costs and Stamp Duty), 20 (Confidentiality and Announcement), 21 (Notices), 22 (Amendment and Assignment) and 23 (General); (ii) rights and obligations expressed in any clause which is expressed to survive termination of this document; and (iii) rights that accrue before the date on which the notice is given, terminate on the day of the notice.
View Source

Related to Result of non-satisfaction of Conditions

  • Satisfaction of Conditions The conditions precedent set out in Section 6.1, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time.

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • Performance of Covenants and Satisfaction of Conditions To use its reasonable best efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to each Closing Date and to satisfy all conditions precedent to the delivery of the Firm Stock and the Optional Stock.

  • Failure to Satisfy Conditions Precedent If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender, without interest.

  • Frustration of Conditions Notwithstanding anything contained herein to the contrary, no Party may rely on the failure of any condition set forth in this Article VI to be satisfied if such failure was caused by the failure of such Party or its Affiliates (or with respect to the Company, any Target Company or Company Stockholder) failure to comply with or perform any of its covenants or obligations set forth in this Agreement.