Common use of Effect on Obligations Clause in Contracts

Effect on Obligations. Termination of this Agreement pursuant to this Article shall terminate all obligations of the parties hereunder, except for the obligations under Sections 13.3 (with respect to expenses), 13.4 (with respect to publicity) and 7.4 (with respect to confidentiality); provided, however, that termination pursuant to Sections 12.1(b) or (c) will not relieve the defaulting or breaching party from any liability to the other party hereto. In the event of termination under Section 12.1(c), Buyer will have the rights and remedies with respect to specific performance as set forth in Section 13.14 hereof, in addition to any other remedies that may be available at law or in equity.

Appears in 1 contract

Samples: Asset Purchase Agreement (Century Aluminum Co)

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Effect on Obligations. Termination of this Agreement pursuant to this Article shall terminate all obligations obligation of the parties hereunder, except for the obligations under Sections 13.3 15.3 (with respect to expenses), 13.4 15.4 (with respect to publicity) and 7.4 9.2 (with respect to confidentiality); provided, however, that termination pursuant to Sections 12.1(bsubparagraphs (b) or (c) of Section 14.1 will not relieve the defaulting or breaching party from any liability to the other party hereto. In the event of termination under Section 12.1(csubsection (c), Buyer ISD will have the rights and remedies with respect to specific performance as set forth in Section 13.14 15.13 hereof, in addition to any other remedies that may be available at law or in equity.

Appears in 1 contract

Samples: Membership Interests Contribution Agreement (Spectrasite Holdings Inc)

Effect on Obligations. Termination of this Agreement pursuant to this Article shall terminate all obligations obligation of the parties hereunder, except for the obligations under Sections 13.3 11.4 (with respect to expenses), 13.4 11.6 (with respect to publicity) and 7.4 6.2 (with respect to confidentiality); provided, however, that termination pursuant to Sections 12.1(bsubparagraphs (b) or (c) will of Section 10.1 shall not relieve the defaulting or breaching party from any liability to the other party hereto. In the event of termination under Section 12.1(csubsection (c), Buyer will shall have the rights and remedies with respect to specific performance as set forth in Section 13.14 11.15 hereof, in addition to any other remedies that may be available at law or in equity.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pluma Inc)

Effect on Obligations. Termination of this Agreement pursuant to this Article X shall terminate all obligations of the parties hereunder, except for the obligations under Sections 13.3 11.5 (with respect to expenses), 13.4 (with respect to publicity) and 7.4 5.8 (with respect to confidentiality); provided, however, that termination pursuant to Sections 12.1(b(b) or (c) will of Section 10.1 shall not relieve the defaulting or breaching party from any liability to the any other party hereto, and the nondefaulting party or parties shall be entitled to any remedies allowed by applicable law. In the event of termination under Section 12.1(c10.1(c), Buyer will shall have the rights and remedies with respect to specific performance as set forth in Section 13.14 hereof11.11, in addition to any other remedies that may be available at law or in equity.

Appears in 1 contract

Samples: Asset Purchase Agreement (SWS Group Inc)

Effect on Obligations. Termination of this Agreement pursuant to this Article shall terminate all obligations obligation of the parties hereunder, except for the obligations under Sections 13.3 14.3 (with respect to expenses), 13.4 14.4 (with respect to publicity) and 7.4 8.2 (with respect to confidentiality); provided, however, that termination pursuant to Sections 12.1(bsubparagraphs (b) or (c) of Section 13.1 will not relieve the defaulting or breaching party from any liability to the other party hereto. In the event of termination under Section 12.1(csubsection (c), Buyer ISD will have the rights and remedies with respect to specific performance as set forth in Section 13.14 14.15 hereof, in addition to any other remedies that may be available at law or in equity.

Appears in 1 contract

Samples: Stock Contribution Agreement (Spectrasite Holdings Inc)

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Effect on Obligations. Termination of this Agreement pursuant to this Article shall terminate all obligations obligation of the parties hereunder, except for the obligations under Sections 13.3 13.4 (with respect to expenses), 13.4 13.5 (with respect to publicity) and 7.4 7.2 (with respect to confidentiality); provided, however, that termination pursuant to Sections 12.1(bsubparagraphs (b) or (c) of Section 12.1 will not relieve the defaulting or breaching party from any liability to the other party hereto. In the event of termination under Section 12.1(csubsection (c), Buyer will have the rights and remedies with respect to specific performance as set forth in Section 13.14 hereof, in addition to any other remedies that may be available at law or in equity.

Appears in 1 contract

Samples: Asset Purchase Agreement (Century Aluminum Co)

Effect on Obligations. Termination of this Agreement pursuant to this Article shall terminate all obligations obligation of the parties hereunder, except for the obligations under Sections 13.3 12.3 (with respect to expenses), 13.4 12.4 (with respect to publicity) ), and 7.4 6.2 (with respect to confidentiality); provided, however, that termination pursuant to Sections 12.1(bsubparagraphs (b) or (c) of Section 11.1 will not relieve the defaulting or breaching party from any liability to the other party hereto. In the event of termination under Section 12.1(csubsection (c), Buyer will SpectraSite shall have the rights and remedies with respect to specific performance as set forth in Section 13.14 12.15 hereof, in addition to any other remedies that may be available at law or in equity.

Appears in 1 contract

Samples: Membership Interests Purchase Agreement (Spectrasite Holdings Inc)

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