Common use of Effect on Obligations Clause in Contracts

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any party, except for the obligations under Sections 4.3 (Confidentiality), 4.4 (Public Disclosure), and 10.2 (Indemnification Obligations), and Article 11 (Miscellaneous Provisions); provided, however, that termination shall not relieve any party defaulting or breaching this Agreement prior to such termination from any Liability for such default or breach.

Effect on Obligations. Termination of this Agreement pursuant to this Section 8.1 above, 8 shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyhereunder, except for the obligations under Sections 4.3 (Confidentiality)9.1, 4.4 (Public Disclosure)9.2, 9.8 and 10.2 (Indemnification Obligations), and Article 11 (Miscellaneous Provisions)9.11; provided, however, that termination nothing herein shall not relieve any party the defaulting or breaching this Agreement prior to such termination party from any Liability for such default or breachliability to the other party hereto.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, this Article VIII shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyhereunder, except for the their obligations under Sections 4.3 (Confidentiality), 4.4 (Public Disclosure), 9.06 and 10.2 (Indemnification Obligations), 9.11 and Article 11 (Miscellaneous Provisions)the Confidentiality Agreement; provided, however, that termination pursuant to clause (b) or (c) of Section 8.01 shall not relieve any party a defaulting or breaching this Agreement prior to such termination party from any Liability for such default or breachliability to the other party hereto.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyparty or the Representatives in respect thereof, except for the obligations under Sections 4.3 (Confidentiality)Section 5.4, 4.4 (Public Disclosure), 5.6 and 10.2 (Indemnification Obligations), and Article 11 (Miscellaneous Provisions)9.7; provided, however, that termination pursuant to Sections 8.1(b)(ii) or (c) shall not relieve any party the defaulting or breaching this Agreement prior to such termination party from any Liability for such default to the nondefaulting or breachnonbreaching party.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, this Article 11 shall terminate all further obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyhereunder, except for the obligations under Sections 4.3 (Confidentiality), 4.4 (Public Disclosure), and 10.2 (Indemnification Obligations), Article 13 and Article 11 (Miscellaneous Provisions)14 hereof and under the Confidentiality Agreement; provided, however, that termination pursuant to section 11.1(c) by reason of a default under or breach of any covenant or agreement, or by reason of a failure of a representation to be true in any material respect, shall not relieve any party the defaulting or breaching this Agreement prior to such termination party from any Liability for such default or breachliability to the other party hereunder.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, hereof shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyhereunder, except for the their obligations under Sections 4.3 (Confidentiality)this Section, 4.4 (Public Disclosure), and 10.2 (Indemnification Obligations), Article X and Article 11 (Miscellaneous Provisions)XI; provided, however, that unless this Agreement has been terminated pursuant to Section 8.1(a) hereof, termination of this Agreement shall not relieve any a breaching party defaulting (whether or breaching this Agreement prior to such termination not it is the terminating party) from any Liability for such default liability to the other party hereto arising from or breachrelated to its breach of any representations, warranties, covenants or agreements contained herein.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, 9.1 shall terminate all obligations of the parties hereunder hereunder, and upon such termination this Agreement shall become void and have no effect without any Liability liability on the part of any party, except for the obligations under Sections 4.3 6.5 (ConfidentialityPublicity), 4.4 (Public Disclosure), and 10.2 11.2 (Indemnification Obligations), and Article 11 XII (Miscellaneous Provisions); provided, however, that termination shall not relieve any party defaulting or breaching this Agreement prior to such termination from any Liability liability for such default or breachbreach (or be deemed a waiver of any right of the non-defaulting or non-breaching party in connection therewith). The exercise of a right of termination of this Agreement is not an election of remedies.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 8.1, above, shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability liability on the part of any party, except for the obligations under Sections 4.3 5.4 (Confidentiality), 4.4 5.5 (Public DisclosurePublicity), and 10.2 (Indemnification Obligations), and Article 11 XII (Miscellaneous Provisions); provided, however, that termination shall not relieve any party defaulting or breaching this Agreement prior to such termination from any Liability liability for such default or breach.. ARTICLE IX THE CLOSING 9.1

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyhereunder, except for the their obligations under Sections 4.3 (Confidentiality), 4.4 (Public Disclosure), Section 10.9 and 10.2 (Indemnification Obligations), and Article 11 (Miscellaneous Provisions)under the Confidentiality Agreement; provided, however, that termination pursuant to Section 8.1(c) by reason of a breach of any covenant or agreement shall not relieve the breaching party (whether or not it is the terminating party) from any liability to the other party defaulting hereto arising from or breaching this Agreement prior related to such termination from any Liability for such default or breach.

Effect on Obligations. Termination of this Agreement pursuant to this Section 8.1 above, 7 shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyhereunder, except for the obligations under Sections 4.3 (Confidentiality)8.1, 4.4 (Public Disclosure)8.5, and 10.2 (Indemnification Obligations), and Article 11 (Miscellaneous Provisions)8.8; provided, however, that termination nothing herein shall not relieve any party the defaulting or breaching this Agreement prior to such termination party from any Liability for such default or breachliability to the other party hereto.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, this --------------------- Article 10 shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability liability on the part of any partyparty or the shareholders, directors, officers or partners in respect thereof, except for the obligations under Sections 4.3 (Confidentiality)6.3, 4.4 (Public Disclosure)7.1 and 12.3, and 10.2 (Indemnification Obligations), and Article 11 (Miscellaneous Provisions)below; provided, however, that termination pursuant to clause (c) of Section 10.1, -------- ------- above, shall not relieve any party the defaulting or breaching this Agreement prior to such termination party from any Liability for such default or breachliability to the other party.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, this Article shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability liability on the part of any partyparty or the respective shareholders, directors or officers in respect thereof, except for the obligations under Sections 4.3 (Confidentiality), 4.4 (Public Disclosure), and 10.2 (Indemnification Obligations), 4.10 and Article 11 (Miscellaneous Provisions)5 hereof; provided, however, that termination pursuant to clauses (b) or (c) of Section -------- ------- 8.1 shall not relieve any party the defaulting or breaching this Agreement prior to such termination party from any Liability for such default or breachliability to the other party hereto.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, shall will terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyhereunder, except for the their obligations under Sections 4.3 (Confidentiality), 4.4 (Public Disclosure), this Article VIII and 10.2 (Indemnification Obligations), Articles VI and Article 11 (Miscellaneous Provisions)IX; provided, however, that unless this Agreement has been terminated pursuant to Section 8.1(c), termination shall of this Agreement will not relieve any a breaching party defaulting (whether or breaching this Agreement prior to such termination not it is the terminating party) from any Liability for such default liability to the other party hereto arising from or breachrelated to its prior breach of any representations, warranties, covenants or agreements contained herein.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 above, --------------------- this Article shall terminate all obligations obligation of the parties hereunder and this Agreement shall become void and have no effect without any Liability on the part of any partyhereunder, except for the obligations under Sections 4.3 10.3, 10.4, 11.2 (Confidentialitywith respect to expenses), 4.4 11.3 (Public Disclosure), with respect to publicity) and 10.2 5.2 (Indemnification Obligations), and Article 11 (Miscellaneous Provisionswith respect to confidentiality); and, provided, however, that termination pursuant to subparagraphs (b) or (c) of Section 10.1 shall not relieve any party the defaulting or breaching this Agreement prior to such termination party from any Liability for such default or breachliability to the other party hereto.

Effect on Obligations. Termination of this Agreement pursuant to Section 8.1 8.1, above, shall terminate all obligations of the parties hereunder and this Agreement shall become void and have no effect without any Liability liability on the part of any party, except for the obligations under Sections 4.3 5.4 (Confidentiality), 4.4 5.5 (Public DisclosurePublicity), and 10.2 (Indemnification Obligations), and Article 11 XII (Miscellaneous Provisions); provided, however, that termination shall not relieve any party defaulting or breaching this Agreement prior to such termination from any Liability liability for such default or breach.