Common use of Consequences of Rescission Clause in Contracts

Consequences of Rescission. In the event this Agreement is rescinded and terminated pursuant to the provisions of subsection 5.1 or subsection 5.2 hereof, each party hereto shall be released from all obligations hereunder and each party hereto shall take all reasonable actions to return the other parties to the position relative to the Vendor’s Stendal Interest which such party occupied prior to the execution hereof.

Consequences of Rescission. In the event this Agreement is rescinded and terminated pursuant to the provisions of subsection Section 5.1 or subsection Section 5.2 hereof, each party hereto Party shall be released from all obligations hereunder and each party hereto Party shall take all reasonable actions to return the other parties Parties to the position relative to the Vendor’s Stendal Interest Purchase Shares which such party Party occupied prior to the execution hereof.. SECTION SIX INDEMNIFICATION

Consequences of Rescission. In the event this Agreement is rescinded and terminated pursuant to the provisions of subsection 5.1 Section 9.1 or subsection 5.2 Section 9.2 hereof, each party hereto shall be released from all obligations hereunder and each party hereto shall take all reasonable actions to return the other parties to the position relative to the Vendor’s Stendal Interest Acquisition and this Agreement which such party occupied prior to the execution hereof.

Consequences of Rescission. In the event that this Agreement is rescinded and terminated pursuant to the provisions of subsection paragraph 5.1 or subsection 5.2 hereofherein, each party hereto shall be released from all obligations hereunder and each party hereto shall take all reasonable actions to return the other parties to the position relative to the Vendor’s Stendal Interest Purchased Shares which such party occupied prior to the execution hereof.