Common use of Effect of Termination Clause in Contracts

Effect of Termination. Upon termination of this Agreement pursuant to Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith be of no further force and effect; provided, however, that no such termination shall relieve any Party of any intentional material breach of any term or provision hereof.

Appears in 10 contracts

Sources: Contribution Agreement, Purchase and Sale Agreement, Contribution Agreement

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

Appears in 10 contracts

Sources: Merger Agreement (Rohm & Haas Co), Merger Agreement (KCLC Acquisition Corp), Merger Agreement (Microdyne Corp)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.1 hereof, the undertakings of the Parties set forth in this Agreement there shall forthwith be of no further force and effect; providedobligation on the part of any party hereto, however, except that no such termination nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 10 contracts

Sources: Merger Agreement (Click2learn Com Inc), Merger Agreement (Amazon Com Inc), Merger Agreement (Amazon Com Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except as set forth in Sections 8.03 and effect; provided9.01, however, that no such termination and nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 9 contracts

Sources: Merger Agreement (Smartflex Systems Inc), Merger Agreement (Ssi Acquisition Corp), Merger Agreement (Smartflex Systems Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.19.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Sections 5.03 and effect; provided, however, 10.01 and (b) that no such termination nothing herein shall relieve either party hereto from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 8 contracts

Sources: Stock Purchase Agreement (Macquarie Infrastructure CO Trust), Stock Purchase Agreement (Macquarie Infrastructure CO Trust), Limited Liability Company Purchase Agreement (Macquarie Infrastructure CO Trust)

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

Appears in 8 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to by any party as provided in Section 8.19.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the undertakings part of any party, other than the provisions of Section 8.01 and Section 10.02. Nothing contained in this Section shall relieve any party for any breach of the Parties representations, warranties, covenants or agreements set forth in this Agreement shall forthwith be of no further force and effect; provided, however, that no such termination shall relieve any Party of any intentional material breach of any term or provision hereofAgreement.

Appears in 7 contracts

Sources: Acquisition Agreement, Acquisition Agreement (Lighttouch Vein & Laser Inc), Acquisition Agreement (Clutterbug Move Management, Inc.)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except (i) as set forth in Section 7.03 and effect; provided, however, that no such termination (ii) nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 7 contracts

Sources: Stock Purchase Agreement (Ashner Michael L), Settlement Agreement (Shelbourne Properties I Inc), Stock Purchase Agreement (Shelbourne Properties Iii Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.17.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Article VIII and effect; provided, however, (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement occurring prior to such termination.

Appears in 6 contracts

Sources: Share Purchase Agreement (Chuanwei Zhang), Share Subscription Agreement (China Commercial Credit Inc), Share Subscription Agreement (Sina Corp)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto or any of its affiliates, directors, officers or stockholders except (i) as set forth in Section 7.03 and effect; providedSection 8.01 hereof, however, that no such termination and (ii) nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 6 contracts

Sources: Merger Agreement (Adt Limited), Merger Agreement (Vons Companies Inc), Merger Agreement (Safeway Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Article IX and effect; provided, however, (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement occurring prior to such termination.

Appears in 6 contracts

Sources: Preferred Stock Purchase Agreement (Image Entertainment Inc), Preferred Stock Purchase Agreement (RLJ Acquisition, Inc.), Share Purchase Agreement (Sina Corp)

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

Appears in 5 contracts

Sources: Stock Purchase Agreement (Powertel Inc /De/), Stock Purchase Agreement (Metro One Telecommunications Inc), Stock Purchase Agreement (Scana Corp)

Effect of Termination. Upon termination If this Agreement is terminated as provided in Section 8.1, there shall be no liability or obligation on the part of any of the Parties or their respective officers, directors, stockholders or Affiliates; provided, that nothing herein shall relieve any party from liability for intentional breach of this Agreement pursuant to Section 8.1, the undertakings of the Parties set forth or for fraud in connection with this Agreement shall forthwith be of no further force and effect; provided, however, that no such termination shall relieve any Party of any intentional material breach of any term or provision hereofthe transactions contemplated hereby.

Appears in 5 contracts

Sources: Merger Agreement (Adama Technologies Corp), Merger Agreement (Novation Holdings Inc), Merger Agreement (Allezoe Medical Holdings Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.16.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force and effectany party hereto except as set forth in Section 7.1; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material wilful breach of any term or provision hereof.

Appears in 5 contracts

Sources: Merger Agreement (Dillard Department Stores Inc), Merger Agreement (Minot Mercantile Corp), Merger Agreement (Mercantile Stores Co Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability under this Agreement on the part of no further force and effect; provided, however, any Party except that no such termination nothing herein shall relieve any Party of from liability for any intentional material breach of this Agreement that occurred before relevant termination and the terms of this Section 8.02 and Article IX shall survive any term or provision hereofsuch termination.

Appears in 5 contracts

Sources: Share Subscription Agreement (Origin Agritech LTD), Share Purchase Agreement (China Biologic Products Holdings, Inc.), Share Purchase Agreement (China Biologic Products Holdings, Inc.)

Effect of Termination. Upon termination of If this Agreement pursuant to is terminated as provided in Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no Liability on the part of no further force and effect; providedany Party hereto with respect thereto, however, that no such termination but nothing herein shall relieve any Party of from Liability for any intentional material breach of any term or provision hereofprior to such termination.

Appears in 4 contracts

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

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

Appears in 4 contracts

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

Effect of Termination. Upon 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, the undertakings of the Parties set forth in this Agreement shall forthwith become void, there shall be no liability on the part of no further force any party hereto, or any of their respective officers or directors, to the other and effectall rights and obligations of any party hereto shall cease; provided, however, that no such termination nothing herein shall relieve any Party of any intentional material party from liability for the willful breach of any term of its representations, warranties, covenants or provision hereofagreements set forth in this Agreement.

Appears in 4 contracts

Sources: Agreement and Plan of Merger (Delaware Otsego Corp), Merger Agreement (Norfolk Southern Corp), Merger Agreement (Delaware Otsego Corp)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.111.1 hereof, the undertakings of the Parties set forth in this Agreement shall forthwith become void, provided that the last sentence of Section 6.7 and Article XII shall continue, and there shall be no liability on the part of no further force and effect; providedany of the parties, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 4 contracts

Sources: Merger Agreement (CLN Holdings Inc), Agreement and Plan of Merger (Sunbeam Corp/Fl/), Merger Agreement (Coleman Worldwide Corp)

Effect of Termination. Upon a valid termination of this Agreement pursuant to Section 8.1this Article 9, no party hereto shall have any obligation to consummate the undertakings of the Parties set forth in transactions hereunder, this Agreement shall forthwith become void and there shall be no liability on the part of no further force and effect; providedeither party hereto, however, except that no such termination nothing herein shall relieve any Party of party hereto from liability for any intentional material willful breach of any term or provision hereof. In the event of any such termination, each party shall be responsible for payment of such party's own costs and expenses.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Biolife Solutions Inc), Loan and Security Agreement (Biolife Solutions Inc), Loan and Security Agreement (Biolife Solutions Inc)

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

Appears in 4 contracts

Sources: Stock Purchase and Sale Agreement (Omni Energy Services Corp), Stock Purchase and Sale Agreement (Omni Energy Services Corp), Stock Purchase and Sale Agreement (Omni Energy Services Corp)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith be become void and all rights and obligations of no further force any party hereto shall cease except: (i) as set forth in Section 9.1 of this Agreement and effect; provided, however, that no such termination (ii) nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term this Agreement or provision hereofshall restrict either party’s rights in the case thereof.

Appears in 4 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.17.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Section 8.01 and effect; provided, however, (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional willful and material breach of any term this Agreement or provision hereoffraud.

Appears in 4 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.19.1 hereof, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any of the parties; provided that the provisions of Sections 7.2 and effect; provided, however, 7.9 and of this Article IX shall continue and that no such termination nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 4 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.19.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Sections 5.03 and effect; provided, however, 10.01 and (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 4 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, there shall be no liability on the part of no further force the parties to the other parties and effect; providedall rights and obligations of any party hereto shall cease, however, except that no such termination nothing herein shall relieve any Party party of any intentional material liability for any breach of any term such party's representations, warranties, covenants or provision hereofagreements contained in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Cnet Inc /De), Merger Agreement (Cnet Inc /De), Merger Agreement (Cnet Inc /De)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.110.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (i) as set forth in Sections 5.03 and effect; provided, however, 11.01 and (ii) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.113.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either Party except (a) as set forth in Section 13.03, and effect; provided, however, (b) that no such termination nothing herein shall relieve any Party of from liability for any intentional material breach of any term or provision hereofthis Agreement.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to as provided in Section 8.110.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability of no further force any Party hereto except (a) as set forth in Section 6.1 and effect; providedthis Section 10.3, however, and (b) that no such termination nothing herein shall relieve any Party of hereto from liability for any intentional material breach of this Agreement and all rights and remedies arising as a result of such breach shall remain available to any term or provision hereofnon-breaching Party. The provisions of this Section 10.3 shall survive any termination of this Agreement.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Stifel Financial Corp), Merger Agreement (Bankatlantic Bancorp Inc), Merger Agreement (Stifel Financial Corp)

Effect of Termination. Upon termination of If this Agreement is terminated pursuant to Section 8.110.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability or obligation on the part of no further force any party hereto, except that the provisions of Sections 8.4 and effect; provided12.11 shall not be extinguished but shall survive such termination, however, that no such termination and nothing herein shall relieve any Party of party from liability for any intentional material breach of hereof and each party shall be entitled to any term remedies at law or provision hereofin equity for such breach.

Appears in 3 contracts

Sources: Acquisition Agreement (Executive Telecard LTD), Merger Agreement (Eglobe Inc), Merger Agreement (Executive Telecard LTD)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Section 5.02 and effect; provided, however, Article IX and (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement occurring prior to such termination.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to Section 8.18.1 hereof, there shall be no liability on the undertakings part of either party to the Parties set forth in this Agreement shall forthwith be of no further force and effect; other, provided, however, that no such (a) this Section 8.2 shall not preclude liability attaching to a party 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 relieve any Party not terminate or affect the agreements of any intentional material breach of any term the parties hereto set forth in Sections 9.3 or provision 9.4 hereof.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto except as set forth in Section 7.3 and effectSection 8.1; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 3 contracts

Sources: Merger Agreement (Fred Meyer Inc), Merger Agreement (Fred Meyer Inc), Merger Agreement (Food 4 Less Holdings Inc /De/)

Effect of Termination. Upon 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 under this Agreement on the undertakings part of the Parties any party hereto, except (a) as set forth in Section 8.3 and (b) nothing herein shall relieve any party from liability for any willful breach of any of its representations, warranties, covenants or agreements set forth in this Agreement shall forthwith be of no further force and effect; provided, however, that no prior to such termination shall relieve any Party of any intentional material breach of any term or provision hereoftermination.

Appears in 3 contracts

Sources: Merger Agreement (Carreker Corp), Merger Agreement (Applied Innovation Inc), Merger Agreement (Checkfree Corp \Ga\)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto except as set forth in Section 7.3, Section 5.2 and effectSection 8.1; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 3 contracts

Sources: Merger Agreement (WTNH Broadcasting Inc), Merger Agreement (Lin Television Corp), Merger Agreement (Lin Television Corp)

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

Appears in 3 contracts

Sources: Merger Agreement (JCS Realty Corp), Merger Agreement (Confetti Acquisition Inc), Merger Agreement (Amscan Holdings Inc)

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

Appears in 3 contracts

Sources: Merger Agreement (Select Medical Corp), Merger Agreement (Select Medical of Mechanicsburg Inc), Merger Agreement (Intensiva Healthcare Corp)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except (i) as set forth in Section 7.3 and effect; provided, however, that no such termination (ii) nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except as set forth in Sections 9.01 and effect9.11; providedPROVIDED, however, HOWEVER that no such termination nothing contained herein shall relieve any Party of any intentional material party from liability for wilful breach of any term or provision hereofthis Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Aqua Alliance Inc), Merger Agreement (Vivendi), Merger Agreement (Aqua Alliance Inc)

Effect of Termination. Upon In the event of any termination of this Agreement pursuant to as provided in Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith be become wholly void and of no further force and effect; provided, however, provided that no such termination nothing herein shall relieve any Party of any intentional material party from liability for willful breach of any term or provision hereofthis Agreement.

Appears in 3 contracts

Sources: Stock Purchase Agreement (Sarepta Therapeutics, Inc.), Stock Purchase Agreement (Arrowhead Pharmaceuticals, Inc.), Securities Purchase Agreement (Arrowhead Pharmaceuticals, Inc.)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.110.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto (a) except as set forth in Section 5.05 and effect; provided, however, that no such termination Section 11.01 hereof and (b) nothing herein shall relieve any Party of party hereto from liability for any intentional material willful breach of any term or provision hereof.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.1in accordance with this Article 9, this Agreement shall forthwith become void and there shall be no liability on the undertakings part of the Parties any party hereto except: (i) as set forth in this Agreement shall forthwith be of no further force Article 9 and effectSection 5.3 and Article 10 hereof; provided, however, and (j) that no such termination nothing herein shall relieve any Party of party hereto from liability for any intentional material willful breach of any term or provision hereof.

Appears in 3 contracts

Sources: Membership Interest Purchase Agreement (OVERSTOCK.COM, Inc), Stock Purchase Agreement (OVERSTOCK.COM, Inc), Membership Interest Purchase Agreement (OVERSTOCK.COM, Inc)

Effect of Termination. Upon (1) In the event of termination of this --------------------- Agreement pursuant as provided in Section 7.1 hereof, and subject to the provisions of Section 8.18.1 hereof, this Agreement shall forthwith become void and there shall be no liability on the undertakings part of any of the Parties Parties, except (i) as set forth in this Agreement shall forthwith be of no further force Section 7.2 and effect; providedin Sections 3.9, however4.10, that no such termination 5.10 and 5.11 hereof, and (ii) nothing herein shall relieve any Party of from liability for any intentional material willful breach of any term or provision hereof.

Appears in 3 contracts

Sources: Merger Agreement (Apollo Investment Fund Iv Lp), Merger Agreement (Group Maintenance America Corp), Merger Agreement (Group Maintenance America Corp)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except (i) as set forth in Sections 7.03 and effect; provided, however, that no such termination 8.01 and (ii) nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 3 contracts

Sources: Merger Agreement (Concord Merger Corp), Merger Agreement (Concord Merger Corp), Merger Agreement (Ps Group Holdings Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.17.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Section 8.02 and effect; provided, however, (b) that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereofthis Agreement.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.18.01, the undertakings of the Parties set forth in 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 no further force either party hereto except (a) as set forth in Sections 5.03 and effect; provided, however, 9.01 and (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement occurring prior to such termination.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to Section 8.1as provided in Clause 10.1, the undertakings of the Parties set forth in this Agreement shall forthwith be of no further force and effect; provided, however, become void provided that no such termination nothing herein shall relieve any Party of party hereto from liability for any intentional material breach of any term or provision hereofthis Agreement.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except (i) as set forth in Sections 6.02(b), 8.03 and effect; provided, however, that no such termination 9.01 and (ii) nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 3 contracts

Sources: Transaction Agreement (Blum Richard C & Associates L P), Transaction Agreement (Kinetic Concepts Inc /Tx/), Transaction Agreement (Kci New Technologies Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party except that (a) the provisions of Article VIII (other than Sections 8.1 and effect; provided, however, that no such termination 8.2) and this Section 7.2 shall remain in effect and (b) nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereofthis Agreement prior to such termination.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of any termination of this Agreement pursuant to as provided in Section 8.1, the undertakings obligations of the Parties set forth parties hereunder shall terminate and there shall be no liability on the part of any party hereto with respect thereto, except for the confidentiality provisions of Section 6.3 and the provisions of this Section 8.2, Section 8.3 and Article IX, each of which shall remain in this Agreement shall forthwith be of no further full force and effect; provided, however, that no such termination party hereto shall relieve be relieved or released from any Party of any intentional material liability or damages arising from a willful breach of any term or provision hereofof this Agreement.

Appears in 3 contracts

Sources: Merger Agreement, Agreement and Plan of Merger (Verizon Communications Inc), Merger Agreement (Mci Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no Liability on the part of no further force either Party except: (a) as set forth in Section 8.2, (b) Section 7.4 (Confidentiality), Section 10.4 (Governing Law) and effect; providedSection 10.14 (Expenses) shall survive termination, however, that no such termination and (c) nothing herein shall relieve any Party from Liability or damages incurred or suffered by a Party as a result of any intentional material breach of any term or provision hereoffraud by another Party.

Appears in 3 contracts

Sources: Affiliation Agreement, Affiliation Agreement, Affiliation Agreement

Effect of Termination. Upon In the event of termination of this Agreement pursuant to under this Section 8.15.2, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force and effect; provided, however, any party hereto except that no such termination nothing herein shall relieve any Party of party hereto from liability for any intentional material willful breach of any term or provision hereofof this Agreement.

Appears in 3 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.19.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Section 10.01 and effect; provided, however, (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.16.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be of no further force and effect; provided, however, that no such termination shall relieve any Party liability on the part of any intentional material Party, and except as set forth in Sections 9 (Confidentiality) and 10.7 (Expenses) none of the Parties shall have any claim against the others for costs, damages, compensation or otherwise (save in respect of any prior breach of any term or provision hereofthis Agreement).

Appears in 2 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.110.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Sections 5.03 and effect; provided, however, 10.03 and (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

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

Effect of Termination. Upon termination of this Agreement pursuant to Section 8.17.1, the undertakings none of the Parties 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 during its term and (ii) the provisions set forth in this Agreement Section 7.3, which shall forthwith be of no further force and effect; provided, however, that no such termination shall relieve any Party of any intentional material breach of any term or provision hereofsurvive indefinitely.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith be become void and all rights and obligations of no further force any party hereto shall cease except: (i) as set forth in Section 9.1 of this Agreement and effect; provided, however, that no such termination (ii) nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term this Agreement or provision hereofshall restrict either party's rights in the case thereof.

Appears in 2 contracts

Sources: Merger Agreement (Advantage Bancorp Inc), Merger Agreement (National City Bancorporation)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto except (a) under this Section 8.02 and effect; providedSections 10.02, however, 10.05 and 10.12 which shall survive indefinitely or until set forth herein and (b) that no such termination nothing herein shall relieve either the Sellers or the Purchaser from liability for any Party of any intentional material willful breach of any term or provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Sterling Bancshares Inc), Stock Purchase Agreement (Sterling Bancshares Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.1 hereof, the undertakings of the Parties set forth in this Agreement there shall forthwith be of no further force and effect; providedobligation on the part of any party hereto, however, except that no such termination nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Innerspace Corp), Share Sale Agreement (N2h2 Inc)

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

Appears in 2 contracts

Sources: Merger Agreement (Dillard Department Stores Inc), Merger Agreement (Mercantile Stores Co Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.16.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force and effect; provided, however, that no such termination either party hereto except nothing herein shall relieve any Party of party from liability for any fraud or for an intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Transaction Agreement (Universal City Travel Partners), Transaction Agreement (Universal City Florida Holding Co. I)

Effect of Termination. Upon In the event of termination of --------------------- this Agreement pursuant to as provided in Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force and effect; provided, however, any party hereto except that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Pri Automation Inc), Stock Purchase Agreement (Pri Automation Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability or obligation on the part of no further force any party hereto, except as provided in this Section 7.2, and effectSection 8, which shall survive such termination; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to in accordance with this Section 8.19, this Agreement shall forthwith become void and there shall be no liability on the undertakings part of the Parties any party hereto except: (a) as set forth in this Agreement shall forthwith be of no further force Section 9, Section 4.06 and effectSection 10.12 hereof; provided, however, and (b) that no such termination nothing herein shall relieve any Party of party hereto from liability for any intentional willful material breach of any term or provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Lithia Motors Inc), Stock Purchase Agreement (Lithia Motors Inc)

Effect of Termination. Upon In the event of the --------------------- termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except as set forth in Sections 8.03 and effect; provided9.01, however, that no such termination and nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Lpiv Acquisition Corp), Agreement and Plan of Merger (Durakon Industries Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.1in accordance with this Article 9, this Agreement shall forthwith become void and there shall be no liability on the undertakings part of the Parties any party hereto except: (a) as set forth in this Agreement shall forthwith be of no further force and effectArticle 9; provided, however, and (b) that no such termination nothing herein shall relieve any Party of party hereto from liability for any intentional material willful breach of any term or provision hereof.

Appears in 2 contracts

Sources: Share Purchase Agreement (Odyssey Marine Exploration Inc), Share Purchase Agreement (Odyssey Marine Exploration Inc)

Effect of Termination. Upon In the event of termination of this --------------------- Agreement and the abandonment of the Merger pursuant to Section 8.17.1, the undertakings of the Parties no party to this Agreement shall have any liability or further obligation to any other party hereunder except (a) as set forth in this Agreement shall forthwith be of no further force Sections 7.3 and effect; provided, however, that no 8.1 and (b) such termination shall will not relieve a breaching party of liability for any Party of any intentional material breach of any term directly or provision hereofindirectly giving rise to such termination.

Appears in 2 contracts

Sources: Merger Agreement (BFS Bankorp Inc), Merger Agreement (Gould Investors L P)

Effect of Termination. Upon 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 undertakings part of the Parties any party hereto or any of its affiliates, directors, officers or stockholders except (i) as set forth in this Agreement shall forthwith be of no further force Section 8.2, Section 8.3 and effect; provided9.8 hereof, however, that no such termination and (ii) nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Xtra Corp /De/), Merger Agreement (Wheels Mergerco LLC)

Effect of Termination. Upon termination of If this Agreement is terminated pursuant to Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith be become void and of no further force and effect, except for the provisions of this Section 8.2, Section 11 and Section 12, which shall survive such termination; provided, however, that no such termination nothing herein shall relieve any Party of party from Liability for any intentional material breach of any term representation, warranty, covenant or provision hereofagreement contained in this Agreement.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Amaya Inc.), Merger Agreement (Mastec Inc)

Effect of Termination. Upon In the event of any termination of this Agreement pursuant to as provided in Section 8.1, the undertakings obligations of the Parties set forth parties hereunder shall terminate and there shall be no liability on the part of any party hereto with respect thereto, except for the confidentiality provisions of Section 6.2 and the provisions of this Section 8.2, Section 8.3 and Article IX, each of which shall remain in this Agreement shall forthwith be of no further full force and effect; provided, however, that no such termination party hereto shall relieve be relieved or released from any Party of any intentional material liability or damages arising from a willful breach of any term or provision hereofof this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Amazon Com Inc), Merger Agreement (Audible Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto arising under or out of this Agreement except: (a) as expressly provided in this Article 8, (b) as set forth in Section 10.01, and effect; provided, however, (c) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Gibraltar Industries, Inc.), Stock Purchase Agreement (Gibraltar Industries, Inc.)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except as set forth in Sections9.01 and effect9.11; provided, however, however that no such termination nothing contained herein shall relieve any Party of any intentional material party from liability for wilful breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Viacom Inc), Agreement and Plan of Merger (Viacom Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.16.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except (i) as set forth in Sections 6.03 and effect; provided, however, that no such termination 7.01 and (ii) nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (PDK Acquisition Corp), Merger Agreement (PDK Labs Inc)

Effect of Termination. Upon 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 undertakings part of the Parties any party hereto, except as set forth in this Agreement shall forthwith be of no further force Section 8.2, Section 3.19, Section 4.5, Section 6.4(b), Section 8.3 and effectArticle IX; provided, however, provided that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto except as set forth in the confidentiality provisions of Section 5.3 and effectSections 5.9, 7.3 and 8.1; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material willful breach of any term or provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Agouron Pharmaceuticals Inc), Merger Agreement (Warner Lambert Co)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in this Section 8.17, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (i) as set forth in Section 8(g) of this Agreement and effect; provided, however, (ii) that no such termination nothing herein shall relieve either party hereto from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Unit Purchase Agreement (Macquarie Infrastructure CO Trust), Unit Purchase Agreement (Macquarie Infrastructure CO Trust)

Effect of Termination. Upon (a) In the event of termination of this Agreement pursuant to as provided in Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Sections 8.02(b) and effect; provided, however, 9.01 and (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Note Purchase Agreement (Classic Vacation Group Inc), Note Purchase Agreement (Expedia Inc)

Effect of Termination. Upon termination of If this Agreement is terminated pursuant to Section 8.110.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability or obligation on the part of no further force any party hereto, except that the provisions of Sections 8.3 and effect; provided12.11 shall not be extinguished but shall survive such termination, however, that no such termination and nothing herein shall relieve any Party of party from liability for any intentional material breach of hereof and each party shall be entitled to any term remedies at law or provision hereofin equity for such breach.

Appears in 2 contracts

Sources: Merger Agreement (Executive Telecard LTD), Merger Agreement (Knology Holdings Inc /Ga)

Effect of Termination. Upon (a) In the event of the termination of this Agreement pursuant to Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be of no further force and effect; provided, however, that no such termination shall relieve any Party liability or obligation on the part of any intentional material breach of any term or provision hereof.party hereto, except with respect to Sections 3.16, 4.4, 6.3(b), this Section 8.2,

Appears in 2 contracts

Sources: Merger Agreement (Reebok International LTD), Merger Agreement

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except (i) as set forth in Sections 8.03 and effect; provided, however, that no such termination 9.01 and (ii) nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Vivra Inc), Merger Agreement (SCS Compute Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability or obligation on the part of no further force any party hereto, except with respect to Section 3.17, Section 4.10, Section 6.5, Section 6.9, this Section 8.2, Section 8.3 and effectARTICLE 9, which shall survive such termination; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Merge Healthcare Inc), Merger Agreement (Etrials Worldwide Inc.)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.115.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto except as set forth in Section 15.3 and effectSection 5.4(b); provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional willful and material breach of any term or provision hereof.

Appears in 2 contracts

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

Effect of Termination. Upon Subject to the provisions of Section 8.03, in the event of termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either Party hereto except (i) that the provisions of this Section 8.02 and effect; provided, however, Article VIII shall survive termination of the Agreement and (ii) that no such termination nothing herein shall relieve either Party from liability for any Party of any intentional material willful breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.17.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except (i) as set forth in Section 8.01 and effect; provided, however, that no such termination (ii) nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of termination of this --------------------- Agreement pursuant to by either the Seller or the Purchaser as provided in Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further any Party to any other Party under this Agreement, except that the provisions of Section 9.7 and Article X shall continue in full force and effect; provided, however, effect and except that no such termination nothing herein shall relieve any Party of from liability for any intentional material breach of any term or provision hereofthis Agreement prior to such termination.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Albany Ladder Co Inc), Asset Purchase Agreement (Albany Ladder Co Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, there shall be no liability on the part of no further force the parties to the other parties and effect; providedall rights and obligations of any party hereto shall cease, however, except that no such termination nothing herein shall relieve any Party party of any intentional material liability for any breach of any term such party's representations, warranties, covenants or provision hereofagreements contained in this Agreement. Nothing herein shall be construed to cause the Nondisclosure Agreement to terminate upon the termination of this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Cnet Inc /De), Merger Agreement (Cnet Inc /De)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to by either ACT or ICH as provided in Section 8.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of 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 shall be of no further force and effect; providedrelieved from liability for any willful, however, that no such termination shall relieve any Party of any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Impac Commercial Holdings Inc), Merger Agreement (Amresco Capital Trust)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.111.01 above, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any Party except (i) as set forth in Sections 3.11, 4.06, 5.02, 11.04 and effect; provided, however, 12.01 and (ii) that no such termination nothing herein shall relieve a Party from liability for any Party of any intentional material willful breach of this Agreement. In the event of termination of this Agreement for any term reason other than pursuant to Sections 11.01(d) or provision hereof11.01(e) above, each Party shall bear all expenses incurred by it in connection with this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Mainsource Financial Group), Merger Agreement (Mainsource Financial Group)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.19.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and have no effect and there shall be no liability on the part of no further force and effectany party hereto; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Safeguard Security Holdings, Inc.), Stock Purchase Agreement (Transnational Financial Corp)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.110.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in 11.01 and effect; provided, however, (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material willful breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Omni Bio Pharmaceutical, Inc.), Merger Agreement (Apple Computer Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.111.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability or obligation on the part of no further force any party hereto, except as provided in Section 10.6, this Section 11.2 and effectSection 12, which shall survive such termination; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Series B Preferred Stock Purchase Agreement (Clearlake Capital Partners, LLC), Series B Preferred Stock Purchase Agreement (Purple Communications, Inc.)

Effect of Termination. Upon In the event of the --------------------- termination of this Agreement pursuant to Section 8.17.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void, and there shall be no liability on the part of no further force any party hereto, except (i) as set forth in Sections 7.03 and effect; provided, however, that no such termination 8.01 and (ii) nothing herein shall relieve any Party of party from liability for any intentional material wilful breach of any term or provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Ren Corp Usa), Merger Agreement (Cobe Laboratories Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.19.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force and effect; provided, however, either party hereto except that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement occurring prior to such termination.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.112.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto except (i) for the breach of the obligations set forth in Sections 9.03, 12.02(b) and effect; provided, however, 12.02(c)(ii) that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereofof the Agreement.

Appears in 2 contracts

Sources: Stock Purchase Agreement (MS Acquisition), Stock Purchase Agreement (Aetna Industries Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.16.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability or obligation on the part of no further force and effect; provided, however, any party or their respective officers or directors except that no such termination nothing set forth herein shall relieve any Party of any intentional material a party hereto from liability for its breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

Sources: Joint Venture Agreement (Pharmacopeia Inc), Joint Venture Agreement (Molecular Simulations Inc)

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.111.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force any party hereto or any of its affiliates, directors, officers or Shareholders except the provisions of Section 12.05 shall survive and effect; provided, however, that no such termination nothing herein shall relieve any Party of party from liability for any intentional material breach of any term or provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Radiant Systems Inc), Merger Agreement (Radiant Systems Inc)

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.18.01, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be no liability on the part of no further force either party hereto except (a) as set forth in Section 5.03 and effect; provided, however, Article IX and (b) that no such termination nothing herein shall relieve either party from liability for any Party of any intentional material breach of any term or provision hereofthis Agreement occurring prior to such termination.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.18.1 hereof, the undertakings of the Parties 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 be become void and have no effect, without any liability on the part of no further force and effectany party hereto or its Affiliates; provided, however, that no such termination nothing contained in this Section 8.2 shall relieve any Party of party from liability for fraud or any intentional material or willful breach of any term or provision hereofthis Agreement.

Appears in 2 contracts

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

Effect of Termination. Upon In the event of termination of this Agreement pursuant to as provided in Section 8.17.1, the undertakings of the Parties set forth in this Agreement shall forthwith become void and there shall be of no further force and effect; provided, however, that no such termination shall relieve any Party liability on the part of any intentional material breach of any term or provision hereofparty hereto except as set forth in Sections 7.1.

Appears in 2 contracts

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

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

Appears in 2 contracts

Sources: Merger Agreement (Coda Energy Inc), Merger Agreement (Continental Natural Gas Inc)