Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.
Appears in 8 contracts
Samples: Agreement and Plan of Merger (Princeton Bancorp, Inc.), Employment Agreement (Norwood Financial Corp), Agreement and Plan of Merger (Sterling Banks, Inc.)
Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.110.1 of this Agreement, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Oceanfirst Financial Corp), Agreement and Plan of Merger (Central Jersey Bancorp), Agreement and Plan of Merger (Farnsworth Bancorp Inc)
Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the this Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Norwood Financial Corp), Agreement and Plan of Merger (Norwood Financial Corp), Agreement and Plan of Merger (Tf Financial Corp)
Effect of Termination; Termination Fee. (a) In If this Agreement is terminated pursuant to Section 9.01 hereof, this Agreement shall become void and of no effect with no liability on the event part of any party hereto, except that the agreements contained in Sections 7.13, 9.04(b) and 10.04 hereof shall survive the termination hereof and abandonment the Termination Option Agreement shall survive in accordance with its terms, and except that no such termination shall relieve any party from liability for breach of this Agreement pursuant or failure by it to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonmentperform its obligations hereunder.
Appears in 2 contracts
Samples: Agreement and Plan of Merger and Reorganization (Peoples Telephone Company Inc), Defined Terms (Davel Communications Group Inc)
Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section Sections 5.3(b), 6.4, 10.2, Section 10.5 and 10.5, Article 11 and any other Section of this Agreement which, by its terms, relates to post-termination rights or obligations, shall survive any such termination and abandonmentabandonment and remain in full force and effect.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Beneficial Mutual Bancorp Inc)
Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.
Appears in 1 contract
Samples: Agreement and Plan of Merger (CapitalSouth Bancorp)
Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.110.1 of this Agreement, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Floridafirst Bancorp Inc)
Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of If this Agreement is terminated pursuant to Section 10.18.1, all obligations of the Agreement parties hereunder shall terminate and have no effectterminate, except as otherwise provided herein that the obligations set forth in Section 10.1 shall survive the termination of this Agreement, and except that the provisions no such termination shall relieve any party from liability for any prior breach of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonmentAgreement.
Appears in 1 contract
Samples: Asset Purchase Agreement (GlobalOptions Group, Inc.)
Effect of Termination; Termination Fee. (a) In If this Agreement is terminated pursuant to Section 9.01 hereof, this Agreement shall terminate with no liability on the event part of any party hereto, except that the agreements contained in Sections 6.01, 10.04 and 10.06 hereof shall survive the termination hereof and abandonment the Termination Option Agreement shall survive in accordance with its terms, and except that no such termination shall relieve any party from liability for breach of this Agreement pursuant or failure by it to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonmentperform its obligations hereunder.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Delta & Pine Land Co)
Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except as otherwise provided herein and except that the provisions of Section 5.3(b), this Section 10.2, Section 10.5 and Article 11 of this Agreement shall survive any such termination and abandonment.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Princeton Bancorp, Inc.)
Effect of Termination; Termination Fee. (a) In the event of the termination and abandonment of this Agreement pursuant to Section 10.1, the Agreement shall terminate and have no effect, except Except as otherwise provided herein and except that the provisions of set forth in this Section 10.2, Section 10.5 and Article 11 in the event of a termination of this Agreement by either Seller or Buyers as provided in Section 10.1, this Agreement shall survive any forthwith become void; provided, however, that, except as provided for in Section 10.2(b), such termination and abandonmentshall not relieve any Party of any liability for Damages actually incurred or suffered by the other Parties as a result of any breach of this Agreement.
Appears in 1 contract
