Common use of Termination Prior to Closing Date Clause in Contracts

Termination Prior to Closing Date. (a) This Agreement shall terminate automatically if the Purchase Agreement terminates prior to the Closing Date. (b) Company may terminate this Agreement upon notice to Bank on or prior to the Closing Date if a Bank Event of Default shall have occurred. (c) Bank may terminate this Agreement upon notice to Company on or prior to the Closing Date if a Company Event of Default shall have occurred.

Appears in 5 contracts

Sources: Credit Card Program Agreement (Target Corp), Credit Card Program Agreement, Credit Card Program Agreement (Nordstrom Inc)

Termination Prior to Closing Date. (a) This Agreement shall terminate automatically if the Purchase Agreement terminates prior to the Closing Date. . (b) Company may terminate this Agreement upon notice to Bank on or prior to the Closing Date if a Bank Event of Default shall have occurred. . (c) Bank may terminate this Agreement upon notice to Company on or prior to the Closing Date if a Company Event of Default shall have occurred.. ARTICLE XV

Appears in 1 contract

Sources: Credit Card Program Agreement

Termination Prior to Closing Date. (a) This Agreement shall terminate automatically if the Purchase Agreement terminates prior to the Closing Date. (b) Company may terminate this Agreement upon notice to Bank on or prior to the Closing Date if a Bank Event of Default shall have occurred. (c) Bank may terminate this Agreement upon notice to Company on or prior to the Closing Date if a Company Event of Default shall have occurred.

Appears in 1 contract

Sources: Credit Card Program Agreement (Target Corp)