Common use of Effect of Certain Terminations Clause in Contracts

Effect of Certain Terminations. In the event of termination of this Agreement pursuant to this Article VIII, all rights and obligations of the Parties under this Agreement shall terminate, except the provisions of Section 5.2(b), the last two sentences of Section 5.4, Section 5.7, the last sentence of Section 5.16, this Section 8.2 and Article IX shall survive such termination; provided, however, that nothing herein shall relieve any Party from any liability for any intentional or willful breach by such Party of any of its representations, warranties, covenants or agreements set forth in this Agreement and all rights and remedies of a non-breaching Party under this Agreement in the case of such intentional or willful breach, at law or in equity, shall be preserved.

Appears in 5 contracts

Samples: LLC Interest Transfer Agreement, LLC Interest Transfer Agreement, LLC Interest Transfer Agreement (NGL Energy Partners LP)

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Effect of Certain Terminations. In the event of termination of this Agreement pursuant to this Article VIII, all rights and obligations of the Parties under this Agreement shall terminate, except the provisions of Section 5.2(b), the last two sentences of Section 5.4, Section 5.7, the last sentence of Section 5.16, Section 7.7, this Section 8.2 and Article IX shall survive such termination; provided, however, that nothing herein shall relieve any Party from any liability for any intentional or willful breach by such Party of any of its representations, warranties, covenants or agreements set forth in this Agreement and all rights and remedies of a non-breaching Party under this Agreement in the case of such intentional or willful breach, at law or in equity, shall be preserved.

Appears in 3 contracts

Samples: LLC Interest Transfer Agreement, LLC Interest Transfer Agreement (NGL Energy Partners LP), LLC Interest Transfer Agreement (NGL Energy Partners LP)

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