Common use of Right of Parties to Terminate Clause in Contracts

Right of Parties to Terminate. This Agreement may be terminated: (a) by the Buyer, if the Seller shall have breached any of its material obligations hereunder or under the Management Services Agreement or of the Buyer is unable to obtain satisfactory consents or approvals to consummate the transaction; or (b) by the Seller, if the Buyer shall have breached any of its material obligations hereunder or under the Management Services Agreement; or (c) by mutual written agreement by both parties to the Agreement.

Appears in 1 contract

Sources: Asset Purchase Agreement (Cognigen Networks Inc)

Right of Parties to Terminate. (a) This Agreement may be terminated: (a) terminated by the Buyer, Buyer if the Seller shall have breached breaches any of its obligations under this Agreement in any material obligations hereunder or under respect, including not supplying the Management Services Agreement or of the Buyer is unable to obtain satisfactory consents or approvals to consummate the transaction; or (b) Products as requested by the Seller, if the Buyer shall have breached any of its material obligations hereunder or under the Management Services Agreement; or (c) by mutual written agreement by both parties to the AgreementBuyer.

Appears in 1 contract

Sources: Asset Purchase Agreement (Canbiola, Inc.)