Common use of Effect of Termination Clause in Contracts

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any breach hereof.

Appears in 10 contracts

Samples: Agreement and Plan of Merger (Morton Acquisition Corp), Agreement and Plan of Merger (KCLC Acquisition Corp), Agreement and Plan of Merger (Rohm & Haas Co)

AutoNDA by SimpleDocs

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.18.01, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except as set forth in Section 8.3 Sections 8.03 and Section 9.1; provided9.01, however, that and nothing herein shall relieve any party from liability for any breach hereof.

Appears in 9 contracts

Samples: Agreement and Plan of Merger (Aquapenn Spring Water Company Inc), Agreement and Plan of Merger (Smartflex Systems Inc), Agreement and Plan of Merger (Healey William L)

Effect of Termination. In the event of the Upon termination of this Agreement pursuant to Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void be of no further force and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1effect; provided, however, that nothing herein no such termination shall relieve any party from liability for Party of any intentional material breach of any term or provision hereof.

Appears in 9 contracts

Samples: Contribution Agreement (Western Gas Partners LP), Contribution Agreement (Western Gas Partners LP), Contribution Agreement

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 Sections 5.03 and Section 9.1; provided, however, 10.01 and (b) that nothing herein shall relieve any either party hereto from liability for any breach hereofof this Agreement.

Appears in 8 contracts

Samples: Stock Purchase Agreement (Macquarie Infrastructure CO Trust), Stock Purchase Agreement (Macquarie Infrastructure CO Trust), Stock Purchase Agreement (Macquarie Infrastructure Assets LLC)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1Agreement, this Agreement shall forthwith become void and of no further force or effect (except for Article 9, which shall survive such termination) and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from any liability for Losses for any breach hereofof this Agreement.

Appears in 8 contracts

Samples: Share Purchase Agreement (Amtd Idea Group), Share Purchase Agreement (Amtd Idea Group), Share Purchase Agreement (Amtd Idea Group)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.01, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except (i) as set forth in Section 8.3 7.03 and Section 9.1; provided, however, that (ii) nothing herein shall relieve any party from liability for any willful breach hereof.

Appears in 7 contracts

Samples: Stock Purchase Agreement (Shelbourne Properties Iii Inc), Stock Purchase Agreement (Shelbourne Properties Ii Inc), Stock Purchase Agreement (Shelbourne Properties I Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto either Parent, Acquiror or Target or their respective officers or directors, except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein in this Section 9.2 shall relieve any party from liability for any breach hereofof this Agreement.

Appears in 6 contracts

Samples: Agreement and Plan of Reorganization (AirRover Wi-Fi Corp.), Agreement and Plan of Reorganization (Usurf America Inc), Agreement and Plan of Reorganization (Usurf America Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.17.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 Article VIII and Section 9.1; provided, however, (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to such termination.

Appears in 6 contracts

Samples: Share Subscription Agreement (Sina Corp), Share Subscription Agreement (Sina Corp), Share Purchase Agreement (Yingli Green Energy Holding Co LTD)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.01, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto or any of its affiliates, directors, officers or stockholders except (i) as set forth in Section 8.3 7.03 and Section 9.1; provided8.01 hereof, however, that and (ii) nothing herein shall relieve any party from liability for any breach hereof.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Safeway Inc), Agreement and Plan of Merger (Adt Limited), Agreement and Plan of Merger (Adt Limited)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 Article IX and Section 9.1; provided, however, (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to such termination.

Appears in 6 contracts

Samples: Share Purchase Agreement (Sina Corp), Preferred Stock Purchase Agreement (RLJ Acquisition, Inc.), Share Purchase Agreement (Sina Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to by any party as provided in Section 8.19.01, this Agreement shall forthwith become void and there shall be have no effect, without any liability or obligation on the part of any party hereto except as set forth in party, other than the provisions of Section 8.3 8.01 and Section 9.1; provided, however, that nothing herein 10.02. Nothing contained in this Section shall relieve any party from liability for any breach hereofof the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 6 contracts

Samples: Acquisition Agreement and Plan of Merger (Mascot Properties, Inc.), Acquisition Agreement and Plan of Merger (Anglesea Enterprises, Inc.), Acquisition Agreement and Plan of Merger (Mascot Properties, Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.16.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.17.1; provided, however, that nothing herein shall relieve any party from liability for any wilful breach hereof.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Dillard Department Stores Inc), Agreement and Plan of Merger (Minot Mercantile Corp), Agreement and Plan of Merger (Mercantile Stores Co Inc)

Effect of Termination. (a) In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall will forthwith become void and there shall will be no liability or obligation on the part of any party hereto hereto, except as set forth in with respect to Section 6.6, this Section 8.2, Section 8.3 and Section 9.1Article IX, which will survive such termination; provided, however, that nothing herein shall will relieve any party from liability for any willful and material breach hereof.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Westland Development Co Inc), Agreement and Plan of Merger (Westland Development Co Inc), Agreement and Plan of Merger (Westland Development Co Inc)

Effect of Termination. (a) In the event of the termination of this Agreement pursuant to as provided in Section 8.1, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to termination.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Intercel Inc/De), Stock Purchase Agreement (Scana Corp), Stock Purchase Agreement (Intercel Inc/De)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability under this Agreement on the part of any party hereto Party except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party Party from liability for any breach hereofof this Agreement that occurred before relevant termination and the terms of this Section 8.02 and Article IX shall survive any such termination.

Appears in 5 contracts

Samples: Investor Rights Agreement (Origin Agritech LTD), Share Purchase Agreement (CITIC Capital Holdings LTD), Share Purchase Agreement (China Biologic Products Holdings, Inc.)

Effect of Termination. (a) In the event of the termination of this Agreement pursuant to Section 8.18.1 hereof, this Agreement shall forthwith become void be terminated and have no further effect except as specifically provided herein and in Section 9.10 and, except as provided in this Section 8.2 and in Section 9.11, there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; providedhereto, however, provided that nothing herein shall relieve any party from liability for any willful breach hereof.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Women Com Networks Inc), Agreement and Plan of Merger (Ivillage Inc), Agreement and Plan of Merger (Fritz Companies Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability continuing obligations on the part of any party Party hereto except (a) as set forth in Section 8.3 Sections 6.01, 9.01, 9.11, 9.12, 9.13 and Section 9.1; provided9.14, however, and (b) that nothing herein shall relieve any party Party from liability for any breach hereofof this Agreement prior to its termination.

Appears in 4 contracts

Samples: Release and Restructuring Agreement (Xl Capital LTD), Commutation and Release Agreement (Security Capital Assurance LTD), Release and Restructuring Agreement (Security Capital Assurance LTD)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void and there shall be no liability on the part all rights and obligations of any party hereto except shall cease except: (i) as set forth in Section 8.3 9.1 of this Agreement and Section 9.1; provided, however, that (ii) nothing herein shall relieve any party from liability for any willful breach hereofof this Agreement or shall restrict either party’s rights in the case thereof.

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (Alphasmart Inc), Agreement and Plan of Merger (Mississippi Valley Bancshares Inc), Agreement and Plan of Merger and Reorganization (Renaissance Learning Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.18.01, this Agreement shall forthwith become void and void, there shall be no liability on the part of the parties to the other parties and all rights and obligations of any party hereto shall cease, except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from of any liability for any breach hereofof such party's representations, warranties, covenants or agreements contained in this Agreement.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Cnet Inc /De), Agreement and Plan of Merger (Cnet Inc /De), Agreement and Plan of Merger (Cnet Inc /De)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.1, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to termination.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Powertel Inc /De/), Stock Purchase Agreement (Powertel Inc /De/), Investment Agreement (Metro One Telecommunications Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 5.03 and Section 9.1; provided, however, Article X and (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to such termination.

Appears in 4 contracts

Samples: Sale and Purchase Agreement (Stryker Corp), Membership Interest Purchase Agreement (Freedom Leaf Inc.), Membership Interest Purchase and Contribution Agreement (Mack Cali Realty Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.15.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto hereto, except as set forth in that (1) Section 8.3 3.5, Section 8.1, Section 8.6, Section 8.7, Section 8.8, and Section 9.1; provided, however, that 8.10 hereof shall survive such termination and (2) nothing herein shall relieve any party from liability for any willful breach of any such surviving Section hereof.

Appears in 4 contracts

Samples: Stock Purchase and Sale Agreement (Omni Energy Services Corp), Stock Purchase and Sale Agreement (Omni Energy Services Corp), Employee Shareholders Stock Purchase and Sale Agreement (Omni Energy Services Corp)

Effect of Termination. (a) In the event of the termination of this Agreement pursuant to Section 8.111.1, this Agreement shall forthwith become void and there shall be no liability or obligation on the part of any party hereto hereto, except as set forth provided in this Section 8.3 11.2 and Section 9.112, which shall survive such termination; provided, however, that nothing herein shall relieve any party from liability for any breach hereofof this Agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Clearlake Capital Partners, LLC), Stock Purchase Agreement (Clearlake Capital Partners, LLC), Stock Purchase Agreement (Goamerica Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 Sections 5.03 and Section 9.1; provided, however, 10.01 and (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement.

Appears in 4 contracts

Samples: Asset Purchase Agreement (NYSE Euronext), Asset Purchase Agreement (Nash Finch Co), Asset Purchase Agreement (Dycom Industries Inc)

Effect of Termination. In Except as provided in Section 8.5 or Section 9.1, in the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void and void, there shall be no liability on the part of any party hereto, or any of their respective officers or directors, to the other and all rights and obligations of any party hereto except as set forth in Section 8.3 and Section 9.1shall cease; provided, however, that nothing herein shall relieve any party from liability for the willful breach of any breach hereofof its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 4 contracts

Samples: Execution Copy (Delaware Otsego Corp), Agreement and Plan of Merger (CSX Corp), Agreement and Plan of Merger (Delaware Otsego Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.17.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 8.01 and Section 9.1; provided, however, (b) that nothing herein shall relieve any either party from liability for any willful and material breach hereofof this Agreement or fraud.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Sina Corp), Asset Purchase Agreement (Sina Corp), Asset Purchase Agreement (Focus Media Holding LTD)

Effect of Termination. In the event of the termination of If this Agreement pursuant to is terminated as provided in Section 8.1, this Agreement shall forthwith become void and there shall be no liability Liability on the part of any party Party hereto except as set forth in Section 8.3 and Section 9.1; providedwith respect thereto, however, that but nothing herein shall relieve any party Party from liability Liability for any breach hereofprior to such termination.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Spectra Energy Partners, LP), Securities Purchase Agreement (Atlas America Inc), Securities Purchase Agreement (Atlas Pipeline Holdings, L.P.)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any wilful breach hereof.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Goulds Pumps Inc), Agreement and Plan of Merger (Goulds Pumps Inc), Agreement and Plan of Merger (George Acquisition Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.18.01, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except as set forth in Section 8.3 Sections 9.01 and Section 9.19.11; providedPROVIDED, however, HOWEVER that nothing contained herein shall relieve any party from liability for any wilful breach hereofof this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Aqua Alliance Inc), Agreement and Plan (Vivendi), Agreement and Plan (Aqua Alliance Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.1 hereof, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 of the parties; provided that the provisions of Sections 7.2 and Section 9.1; provided, however, 7.9 and of this Article IX shall continue and that nothing herein shall relieve any party from liability for any willful breach hereof.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (CLN Holdings Inc), Agreement and Plan of Merger (Coleman Co Inc), Agreement and Plan of Merger (Coleman Worldwide Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except (i) as set forth in Section Sections 6.4, 8.3 and Section 9.1; provided, however, that 9.1 and (ii) nothing herein shall relieve any party from liability for any breach hereof. Any attempted termination of this Agreement not in accordance with Section 8.1 shall not be effective and shall not affect the rights or obligations of the parties set forth herein.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Intensiva Healthcare Corp), Agreement and Plan of Merger (Select Medical Corp), Agreement and Plan of Merger (Select Medical of Mechanicsburg Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.17.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 8.02 and Section 9.1; provided, however, (b) that nothing herein shall relieve any party from liability for any breach hereofof this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (General Electric Capital Corp), Stock Purchase Agreement (Tyco International LTD /Ber/), Stock Purchase Agreement (Axa Financial Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void except for Section 5.03, this Section 8.02 and Article IX and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 Sections 5.03 and Section 9.1; provided, however, 9.01 and (b) that nothing herein shall relieve any either party from liability for any material breach hereofof this Agreement occurring prior to such termination.

Appears in 3 contracts

Samples: Share Purchase Agreement (Bemis Co Inc), Stock Purchase Agreement (Jetblue Airways Corp), Share Purchase Agreement (Bemis Co Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1as provided in Clause 10.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, provided that nothing herein shall relieve any party hereto from liability for any breach hereofof this Agreement.

Appears in 3 contracts

Samples: This Purchase Agreement (XINHUA SPORTS & ENTERTAINMENT LTD), Purchase Agreement (XINHUA SPORTS & ENTERTAINMENT LTD), Purchase Agreement (Xinhua Finance Media LTD)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.1, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except (i) as set forth in Section 8.3 7.3 and Section 9.1; provided, however, that (ii) nothing herein shall relieve any party from liability for any willful breach hereof.

Appears in 3 contracts

Samples: Investment Agreement (Stewart W P & Co LTD), Investment Agreement (Arrow Partners Lp), Stock Purchase Agreement (First Union Real Estate Equity & Mortgage Investments)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 5.02 and Section 9.1; provided, however, Article IX and (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to such termination.

Appears in 3 contracts

Samples: Share Purchase Agreement (HSW International, Inc.), Share Purchase Agreement (Intac International Inc), Share Purchase Agreement (Intac International Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.01, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except (i) as set forth in Section 8.3 Sections 7.03 and Section 9.1; provided, however, that 8.01 and (ii) nothing herein shall relieve any party from liability for any willful breach hereof.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Ps Group Holdings Inc), Concord Merger Corp, Concord Merger Corp

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto either Parent, Acquiror or Target or their respective officers or directors, except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein in this Section 8.02 shall relieve any party from liability for any breach hereofof this Agreement.

Appears in 3 contracts

Samples: Plan and Agreement of Merger (Digital Development Partners, Inc.), Plan and Agreement of Merger (Digital Development Partners, Inc.), Plan and Agreement of Merger (Black Bird Potentials Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.110.01, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto (a) except as set forth in Section 8.3 5.05 and Section 9.1; provided, however, that 11.01 hereof and (b) nothing herein shall relieve any party hereto from liability for any willful breach hereof.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Isolyser Co Inc /Ga/), Asset Purchase Agreement (Isolyser Co Inc /Ga/), Abbeville Plant Agreement (Isolyser Co Inc /Ga/)

Effect of Termination. In the event of the termination of this Agreement pursuant to under this Section 8.15.2, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party hereto from liability for any willful breach hereofof any provision of this Agreement.

Appears in 3 contracts

Samples: Shares Purchase Agreement (Cellular Biomedicine Group, Inc.), Share Purchase Agreement (Cellular Biomedicine Group, Inc.), Share Purchase Agreement (Cellular Biomedicine Group, Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.17.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth that (a) the provisions of Article VIII (other than Sections 8.1 and 8.2) and this Section 7.2 shall remain in Section 8.3 effect and Section 9.1; provided, however, that (b) nothing herein shall relieve any party from liability for any breach hereofof this Agreement prior to such termination.

Appears in 3 contracts

Samples: Subscription Agreement (Pershing Gold Corp.), Subscription Agreement (Pershing Gold Corp.), Subscription Agreement (Pershing Gold Corp.)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.17.1, this Agreement shall forthwith become void and there shall be no liability Liability on the part of any party hereto Party, except as set forth in (a) for the provisions of Section 8.3 5.2 relating to public announcements, Section 8.2 relating to fees and expenses, and this Section 9.1; provided, however, 7.2 and (b) that nothing herein shall relieve any party either Party from liability Liability for any fraud or willful and material breach hereofof this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Herman Miller Inc), Stock Purchase Agreement (Knoll Inc), Stock Purchase Agreement (Global Furniture Holdings S.a r.l)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.1, this Agreement shall forthwith become void (excepting only those provisions hereof that by their terms survive the termination of this Agreement) and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1hereto; provided, however, provided that nothing herein shall relieve any either party from liability for any willful breach hereof.

Appears in 3 contracts

Samples: Asset Acquisition Agreement (Edify Corp), Asset Transfer Agreement (Chaparral Network Storage Inc), Asset Acquisition Agreement (Adaptec Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void void, and there shall be no liability under this Agreement on the part of any party hereto hereto, except (a) as set forth in Section 8.3 and Section 9.1; provided, however, that (b) nothing herein shall relieve any party from liability for any willful breach hereofof any of its representations, warranties, covenants or agreements set forth in this Agreement prior to such termination.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Applied Innovation Inc), Agreement and Plan of Merger (Carreker Corp), Agreement and Plan of Merger (Checkfree Corp \Ga\)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 7.3, Section 5.2 and Section 9.18.1; provided, however, that nothing herein shall relieve any party from liability for any breach hereof.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (WTNH Broadcasting Inc), Agreement and Plan of Merger (Lin Television Corp), Agreement and Plan of Merger (Lin Television Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto either Parent, Acquiror or Target or their respective officers or directors, except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein in this Section 8.2 shall relieve any party from liability for any breach hereofof this Agreement.

Appears in 3 contracts

Samples: Plan and Agreement of Merger (Diamond I, Inc.), Plan and Agreement of Merger (Diamond I, Inc.), Plan and Agreement of Merger (Ubroadcast, Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.18.1 hereof, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except as set forth in Section 8.3 and Section 9.1; to the other, provided, however, that nothing herein (a) this Section 8.2 shall relieve any not preclude liability attaching to a party from liability for any breach who has caused the termination hereof by willful act or willful failure to act in violation of the terms and provisions of this Agreement, and (b) termination of this Agreement shall not terminate or affect the agreements of the parties hereto set forth in Sections 9.3 or 9.4 hereof.

Appears in 3 contracts

Samples: Exchange Agreement (Nanotailor, Inc.), Exchange Agreement (Nanotailor, Inc.), Exchange Agreement (Nanotailor, Inc.)

Effect of Termination. In the event of the termination of If this Agreement is terminated pursuant to Section 8.110.1, this Agreement shall forthwith become void and there shall be no liability or obligation on the part of any party hereto hereto, except as set forth in Section 8.3 that the provisions of Sections 8.4 and Section 9.1; provided12.11 shall not be extinguished but shall survive such termination, however, that and nothing herein shall relieve any party from liability for any breach hereofhereof and each party shall be entitled to any remedies at law or in equity for such breach.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Eglobe Inc), Agreement and Plan of Acquisition (Executive Telecard LTD), Agreement and Plan of Merger (Executive Telecard LTD)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1Agreement, this Agreement shall forthwith become void and of no further force or effect (except for Section 5.02 and Article 9, which shall survive such termination) and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from any liability for Losses for any breach hereofof this Agreement.

Appears in 3 contracts

Samples: Share Purchase Agreement (AMTD International Inc.), Share Purchase Agreement (AMTD International Inc.), Share Purchase Agreement (AMTD International Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.110.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party Party hereto except (a) as set forth in Section 8.3 6.1 and this Section 9.1; provided10.3, however, and (b) that nothing herein shall relieve any party Party hereto from liability for any breach hereofof this Agreement and all rights and remedies arising as a result of such breach shall remain available to any non-breaching Party. The provisions of this Section 10.3 shall survive any termination of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Bankatlantic Bancorp Inc), Stock Purchase Agreement (Stifel Financial Corp), Agreement and Plan of Merger (Stifel Financial Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 7.3 and Section 9.18.1; provided, however, that nothing herein shall relieve any party from liability for any willful breach hereof.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Fred Meyer Inc), Agreement and Plan of Merger (Fred Meyer Inc), Agreement and Plan of Merger (Food 4 Less Holdings Inc /De/)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in this Section 8.18, this Agreement shall shall, forthwith become null and void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any wilful breach hereof. Such termination shall not, however, affect the obligations of the parties under the Confidentiality Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Take Two Interactive Software Inc), Agreement and Plan of Merger (Take Two Interactive Software Inc)

Effect of Termination. In Except as provided in Section 9.1, in --------------------- the event of the termination of this Agreement pursuant to Section 8.111.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1or any of its affiliates, directors, officers or stockholders; provided, however, provided however that nothing herein shall relieve any party from liability for any breach hereofhereof occurring prior to termination.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (MJD Communications Inc), Agreement and Plan of Merger (MJD Communications Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.01, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto or any of its affiliates, directors, officers, stockholders or general partners, except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Lincoln Snacks Co), Agreement and Plan of Merger (Brynwood Partners Iii L P)

Effect of Termination. In the event of the termination of this Agreement is terminated pursuant to Section 8.18.1 hereof, this Agreement shall forthwith become void and there shall be have no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; effect, provided, however, that nothing herein shall relieve any party Party from liability for the breach of any representations or warranties or the breach hereofof, or failure to perform, any covenant made by it herein.

Appears in 2 contracts

Samples: Recapitalization Agreement (Software Ag Systems Inc), Recapitalization Agreement (Thayer Equity Investors Iii Lp)

Effect of Termination. (a) In the event of the termination of this Agreement and the abandonment of the Merger pursuant to Section 8.1this Article VIII hereof, no Party to this Agreement shall forthwith become void and there shall be no have any liability on the part of or further obligation to any party hereto other Party hereunder except as set forth in this Section 8.3 8.2, Section 6.10, Sections 9.3, 9.4, 9.6, 9.8 and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any breach 9.9 hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pamrapo Bancorp Inc), Agreement and Plan of Merger (BCB Bancorp Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.115.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 15.3 and Section 9.15.4(b); provided, however, that nothing herein shall relieve any party from liability for any willful and material breach hereof.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Dualstar Technologies Corp), Stock Purchase Agreement (Dualstar Technologies Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.01, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except (i) as set forth in Section 8.3 8.01 and Section 9.1; provided, however, that (ii) nothing herein shall relieve any party from liability for any breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Novartis Inc), Agreement and Plan of Merger (Novartis Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.18.01, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except as set forth in Section 8.3 8.03 and Section 9.1; provided9.01, however, that and nothing herein shall relieve any party from liability for any breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (McFarland Energy Inc), Agreement and Plan of Merger (McFarland Energy Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 8.03 and Section 9.1; provided, however, 9.01 and (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement.

Appears in 2 contracts

Samples: Investment Agreement (Henry Birks & Sons Inc), Investment Agreement (Mayors Jewelers Inc/De)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1Sections 8.01, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except (i) as set forth in Section 8.3 Sections 8.05 and Section 9.1; provided9.01 hereof, however, that and (ii) nothing herein shall relieve any party from liability for any willful breach hereofhereof and for any breach giving rise to a termination under Sections 8.01(d) or (e).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Continental Natural Gas Inc), Agreement and Plan of Merger (Coda Energy Inc)

AutoNDA by SimpleDocs

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.18.1 hereof, this Agreement (except for this Section 8 (other than Section 8.10), and any definitions set forth in this Agreement and used in such sections) shall forthwith become void and there shall be have no effect, without any liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1or its Affiliates; provided, however, that nothing herein contained in this Section 8.2 shall relieve any party from liability for fraud or any intentional or willful breach hereofof this Agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (CONTRAFECT Corp), Stock Purchase Agreement (CONTRAFECT Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1this Article 8, all further obligations of the parties under this Agreement shall forthwith become void and there shall be no terminated without any further liability on the part of any party hereto except as set forth to the other parties hereto. Nothing contained in this Section 8.3 and Section 9.1; provided, however, that nothing herein 8.2 shall relieve any party from liability for any breach hereofof this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Creative Vistas Inc), Stock Purchase Agreement (Creative Vistas Inc)

Effect of Termination. In the event of the termination of this --------------------- Agreement and the abandonment of the Merger pursuant to Section 8.17.1, no party to this Agreement shall forthwith become void and there shall be no have any liability on the part of or further obligation to any other party hereto hereunder except (a) as set forth in Section 8.3 Sections 7.3 and Section 9.1; provided, however, that nothing herein shall 8.1 and (b) such termination will not relieve any a breaching party from of liability for any breach hereofdirectly or indirectly giving rise to such termination.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (BFS Bankorp Inc), Agreement and Plan of Merger (Gould Investors L P)

Effect of Termination. In the event of the Upon termination of this Agreement pursuant to Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void be of no further force and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1effect; provided, however, that nothing herein no such termination shall relieve any party from Party of liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

Samples: Contribution Agreement (Western Gas Partners LP), Contribution Agreement (Western Gas Partners LP)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 5.02 and Section 9.1; provided, however, Article 7 and (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to such termination.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Minerva Surgical Inc), Asset Purchase Agreement (Minerva Surgical Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.17.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any breach hereofSections 7.1.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (West Coast Realty Trust, Inc.), Membership Interest Purchase Agreement (West Coast Realty Trust, Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.1, this Agreement shall forthwith become void and there shall be no liability or further obligation on the part of any party hereto except (i) as set forth in Section Sections 8.3 and Section 9.1; provided, however, that 9.1 hereof and (ii) nothing herein shall relieve any party from liability for any breach hereofof this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Health Management Inc/De), Agreement and Plan of Merger (Hyperion Partners Ii Lp)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.16.01, this Agreement shall forthwith become void void, and there shall be no liability on the part of any party hereto hereto, except (i) as set forth in Section 8.3 Sections 6.03 and Section 9.1; provided, however, that 7.01 and (ii) nothing herein shall relieve any party from liability for any willful breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (PDK Labs Inc), Agreement and Plan of Merger (PDK Acquisition Corp)

Effect of Termination. In the event of the termination of If this Agreement is terminated pursuant to Section 8.1, this Agreement shall forthwith become void and there shall be of no liability on further force and effect, except for the part provisions of any party hereto except as set forth in this Section 8.3 8.2, Section 11 and Section 9.112, which shall survive such termination; provided, however, that nothing herein shall relieve any party from liability Liability for any breach hereofof any representation, warranty, covenant or agreement contained in this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mastec Inc), Stock Purchase Agreement (Amaya Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto party, except as set forth in this Section 8.3 9.3 and Section 9.110; provided, however, that nothing herein in this Agreement shall relieve any a party from liability for (a) any breach hereofby such party of the terms and provisions of this Agreement prior to such termination or (b) Actual Fraud.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Phi Group Inc), Agreement of Purchase and Sale (Phi Group Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1in accordance with this Article VII, this Agreement shall will forthwith become void and there shall will be no liability on the part of any party hereto except as set forth in Section 8.3 this Article VII and Section 9.1; provided, however, except that nothing herein shall will relieve any party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Derma Sciences, Inc.), Agreement and Plan of Merger (Derma Sciences, Inc.)

Effect of Termination. (a) In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void and there shall be no liability or obligation on the part of any party hereto hereto, except as set forth in with respect to Sections 6.3(b) and 6.9, this Section 8.2, Section 8.3 and Section 9.1Article IX, which shall survive such termination; provided, however, that nothing herein shall relieve any party from liability for any willful and material breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sizeler Property Investors Inc), Agreement and Plan of Merger (Revenue Properties Co LTD)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.110.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (i) as set forth in Section 8.3 Sections 5.03 and Section 9.1; provided, however, 11.01 and (ii) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Oneida LTD), Stock Purchase Agreement (Oneida LTD)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 10.01 and Section 9.1; provided, however, (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement.

Appears in 2 contracts

Samples: Share Purchase Agreement (Solar Power, Inc.), Stock Exchange Agreement (Plais Marie Helene Cotrel)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.113.01, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto either Party except (a) as set forth in Section 8.3 13.03, and Section 9.1; provided, however, (b) that nothing herein shall relieve any party Party from liability for any breach hereofof this Agreement.

Appears in 2 contracts

Samples: Master Transaction Agreement (Advanced Micro Devices Inc), Master Transaction Agreement (Advanced Micro Devices Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.16.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto Party, and except as set forth in Section 8.3 Sections 9 (Confidentiality) and Section 9.1; provided10.7 (Expenses) none of the Parties shall have any claim against the others for costs, howeverdamages, that nothing herein shall relieve compensation or otherwise (save in respect of any party from liability for any prior breach hereofof this Agreement).

Appears in 2 contracts

Samples: Share Purchase Agreement (RISE Education Cayman LTD), Share Purchase Agreement (Ambow Education Holding Ltd.)

Effect of Termination. (a) In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except as set forth in Sections 5.02(e), 9.01 and this Section 8.3 8.02, and Section 9.1; provided, however, that nothing herein shall relieve any either party from liability for any willful breach hereofof this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Istar Financial Inc), Asset Purchase Agreement (Fremont General Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.110.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 Sections 5.03 and Section 9.1; provided, however, 10.03 and (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement.

Appears in 2 contracts

Samples: Asset and Stock Purchase Agreement (Amcol International Corp), Asset and Stock Purchase Agreement (Amcol International Corp)

Effect of Termination. In the event of the Upon termination of this Agreement pursuant to in accordance with Section 8.1, except as otherwise contemplated by this Agreement, this Agreement shall forthwith become null and void and there shall thereafter be no liability on under this Agreement of the part of any party hereto except as set forth in Section 8.3 and Section 9.1either party; provided, provided however, that nothing herein in this Section 8 shall relieve be deemed to release any party from any liability for any breach hereofby such party of the terms and provisions of this Agreement or to impair the right of any party to compel specific performance by any other party of its obligations under this Agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Aimmune Therapeutics, Inc.), Securities Purchase Agreement (Aimmune Therapeutics, Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.111.01, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto or any of its affiliates, directors, officers or Shareholders except as set forth in the provisions of Section 8.3 12.05 shall survive and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Radiant Systems Inc), Agreement and Plan of Merger (Radiant Systems Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 5.03 and Section 9.1; provided, however, Article IX and (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to such termination.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Zila Inc), Equity Interest Transfer Agreement (Adama Agricultural Solutions Ltd.)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto hereto, except as set forth in this Section 8.2, Section 3.19, Section 4.5, Section 6.4(b), Section 8.3 and Section 9.1Article IX; provided, however, provided that nothing herein shall relieve any party from liability for any breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Recapitalization (Blount Winton M), Agreement and Plan of Merger and Recapitalization (Blount International Inc)

Effect of Termination. In Subject to the provisions of Section 8.03, in the event of the termination of this Agreement pursuant to Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any party either Party hereto except as set forth in (i) that the provisions of this Section 8.3 8.02 and Section 9.1; provided, however, Article VIII shall survive termination of the Agreement and (ii) that nothing herein shall relieve any party either Party from liability for any willful breach hereofof this Agreement.

Appears in 2 contracts

Samples: Purchase Agreement (Dresser Inc), Purchase Agreement (Cooper Cameron Corp)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.19.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement occurring prior to such termination.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Medifocus Inc.), Asset Purchase Agreement (Medifocus Inc.)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.1, this Agreement shall forthwith become void and there shall be no liability Liability on the part of any party hereto except either Party except: (a) as set forth in Section 8.3 8.2, (b) Section 7.4 (Confidentiality), Section 10.4 (Governing Law) and Section 9.1; provided10.14 (Expenses) shall survive termination, however, that and (c) nothing herein shall relieve any party Party from liability for any breach hereofLiability or damages incurred or suffered by a Party as a result of fraud by another Party.

Appears in 2 contracts

Samples: Affiliation Agreement, Affiliation Agreement

Effect of Termination. In the event of the termination of this Agreement pursuant to by either ACT or ICH as provided in Section 8.1, this Agreement shall forthwith become void and there shall be have no effect, without any liability or obligation on the part of any ICH or ACT, other than the last sentence of Section 6.2, Section 8.2 and this Section 8.3. Notwithstanding the foregoing, no party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party be relieved from liability for any willful, material breach hereofof this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Amresco Capital Trust), Agreement and Plan of Merger (Impac Commercial Holdings Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1as provided in SECTION 12.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto party, except as set forth in Section 8.3 (a) for SECTIONS 1, 8, 13 AND 14 and Section 9.1; provided, however, any other Sections or provisions which survive the termination of this Agreement by their terms and (b) that nothing herein shall relieve any party from liability for any breach hereofor violation of this Agreement or payment of any obligations hereunder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp), Securities Purchase Agreement (Interdent Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.110.01 or Section 10.03, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto hereto, except as set forth in Section 8.3 6.05, Section 12.01, Section 12.03, Section 12.10, Section 12.11 and this Section 9.110.04; provided, however, that nothing herein in this Agreement shall relieve any party hereto from liability for any intentional or fraudulent breach hereofof this Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (American International Group Inc), Pledge Agreement (Metlife Inc)

Effect of Termination. In the event of the a termination of this Agreement pursuant to Section 8.1this Article 8, this Agreement shall forthwith shall, except as specifically provided herein, become void and there of no further effect, and each party shall pay the costs and expenses incurred by it in connection with this Agreement and, except as otherwise provided herein, no party shall be no liability on the part of liable to any other party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any costs, expenses, damages or loss hereunder, so long as any such party is not in default or breach hereofof its obligations hereunder at the time of said termination.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Winsloew Furniture Inc), Asset Purchase Agreement (Winsloew Furniture Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any wilful breach hereof; provided, further, that the payment of the termination fee set forth in Section 8.3(a)(i) shall be considered with respect to the calculation of any damages resulting from any such wilful breach by the Company.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mercantile Stores Co Inc), Agreement and Plan of Merger (Dillard Department Stores Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto or of any of its Affiliates, directors, officers or stockholders except (i) as set forth in Section 8.3 7.3 and Section 9.1; provided8.1, however, that and (ii) nothing herein shall relieve any party from liability for any breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (U S Long Distance Corp), Agreement and Plan of Merger (Lci International Inc /Va/)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto or any of its affiliates, directors, officers or stockholders except (i) as set forth in Section 8.3 7.3 and Section 9.1; provided8.1 hereof, however, that and (ii) nothing herein shall relieve any party from liability for any breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (New Stat Healthcare Inc), Agreement and Plan of Merger (Netgain Development Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.1this Article 9, this Agreement shall will forthwith become void and there shall will be no right or liability on the part of any either party hereto except as set forth in Section 8.3 and Section 9.1hereto; provided, however, that nothing contained herein shall will relieve any either party from liability for any breach hereofof any covenant or agreement in this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Digital Angel Corp), Asset Purchase Agreement (MedAire, Inc.)

Effect of Termination. (a) In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except as set forth in Section 8.3 and Section 9.1; provided, however, that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Estate of Edwin J Schneebeck), Stock Purchase Agreement (Scana Corp)

Effect of Termination. In (a) Except as provided in Section 9.1, in the event of the termination of this Agreement pursuant to Section 8.111.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in or any of its affiliates, directors, officers or stockholders, subject to the provisions of Section 8.3 11.2(b) or Section 11.2(d), and Section 9.1; provided, however, that nothing herein shall relieve any party from liability for any breach hereofhereof occurring prior to termination.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (MJD Communications Inc), Agreement and Plan of Merger (MJD Communications Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.17.1, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except as set forth in the confidentiality provisions of Section 8.3 5.3 and Section 9.1Sections 5.9, 7.3 and 8.1; provided, however, that nothing herein shall relieve any party from liability for any willful breach hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Agouron Pharmaceuticals Inc), Agreement and Plan of Merger (Warner Lambert Co)

Effect of Termination. In the event of the Upon termination of this Agreement pursuant to Section 8.17.1, none of the parties hereto shall have any liability hereunder except (i) to the extent of any damages resulting from a knowing and intentional breach of this Agreement shall forthwith become void during its term and there shall be no liability on (ii) the part of any party hereto except as provisions set forth in Section 8.3 and Section 9.1; provided7.3, however, that nothing herein which shall relieve any party from liability for any breach hereofsurvive indefinitely.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Everest Merger Sub, Inc.), Stock Purchase Agreement (Sport Chalet Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to Section 8.18.01, this Agreement shall forthwith become void have no further effect, and there shall be no further liability on the part of any party hereto hereto, except (i) as set forth in Section 8.3 Sections 6.04, 8.03 and Section 9.1; provided, however, that 9.01 and (ii) nothing herein shall relieve any party from liability for any breach hereof.

Appears in 2 contracts

Samples: 8 Agreement and Plan of Merger (Environmental Systems Products Inc), Agreement and Plan of Merger (Wellman North America Inc)

Effect of Termination. In the event of the termination of this Agreement pursuant to as provided in Section 8.18.01, this Agreement shall forthwith become void and there shall be no liability on the part of any either party hereto except (a) as set forth in Section 8.3 Sections 5.04 and Section 9.1; provided, however, 9.01 and (b) that nothing herein shall relieve any either party from liability for any breach hereofof this Agreement that occurred before such termination.

Appears in 2 contracts

Samples: Investment Agreement (Bank of Nova Scotia /), Stockholder Agreement (First Bancorp /Pr/)

Time is Money Join Law Insider Premium to draft better contracts faster.