Common use of Termination at Long Stop Date Clause in Contracts

Termination at Long Stop Date. In the event of the Condition not being satisfied on or before the Long Stop Date, all rights and obligations of the parties under this Agreement (except under Clauses 9 (Confidentiality and announcements), 10 (Costs) and 20 (Governing law and jurisdiction)) shall terminate and no party shall have any claim against the other, but without prejudice to the accrued rights and obligations of the parties before that termination.

Termination at Long Stop Date. In the event of all of the Condition Conditions not being satisfied or waived (that waiver to be in accordance with Clause 6.3) on or before the Long Stop Date, all rights and obligations of the parties under this Agreement (except under Clauses 9 13 (Confidentiality and announcements), 10 14 (Costs) and 20 ), 24 (Governing law and jurisdiction)) shall terminate and no party shall have any claim against the other, but without prejudice to the accrued rights and obligations of the parties before that termination.