Effect on Obligations. Termination of this Agreement pursuant to this Article VI shall terminate all obligations of the parties hereunder, except for their obligations under Section 7.01 hereof; provided, however, that termination pursuant to clause (b) of Section 6.01 hereof shall not relieve the defaulting or breaching party from any liability to the other party hereto.
Appears in 4 contracts
Sources: Stock Purchase Agreement (Probe Manufacturing Inc), Stock Purchase Agreement (Probe Manufacturing Inc), Stock Purchase Agreement (Usa Dealers Auction Com Inc)
Effect on Obligations. Termination of this Agreement pursuant to this Article VI V shall terminate all obligations of the parties hereunder, except for their obligations under Section 7.01 Sections 1.06, 6.01 and 6.10 hereof; provided, however, that termination pursuant to clause (b) of Section 6.01 5.01 hereof shall not relieve the defaulting or breaching party from any liability to the other party hereto.
Appears in 2 contracts
Sources: Equipment Purchase Agreement (Cyber Defense Systems Inc), Secured Commercial Promissory Note (Cyber Defense Systems Inc)