Common use of Cross-Termination Clause in Contracts

Cross-Termination. Upon termination of any Transaction Agreement in accordance with both the terms of such Transaction Agreement and this Agreement, the Parties effecting such termination shall provide prompt written notice to the other Parties to the address set forth on the signature pages hereto and the Parties shall cause each other Transaction Agreement to terminate. Upon such a termination of all Transaction Agreements, this Agreement shall terminate and be of no further force and effect.

Appears in 3 contracts

Sources: Transaction Support Agreement, Transaction Support Agreement (Behrman Capital Ii Lp), Transaction Support Agreement (Daleen Technologies Inc)