Common use of Effects of Termination Clause in Contracts

Effects of Termination. Upon termination of this Agreement, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.

Appears in 5 contracts

Samples: Stockholders Agreement (United Auto Group Inc), Stockholders Agreement (Penske Roger S), Stockholders Agreement (Penske Capital Partners LLC)

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Effects of Termination. Upon termination of this Agreement, this Agreement (other than Section 6.98.9) shall thereafter become void and have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.

Appears in 5 contracts

Samples: Stockholders Agreement (Trace International Holdings Inc), Stockholders Agreement (Aif Ii Lp), Stockholders Agreement (Penske Capital Partners LLC)

Effects of Termination. Upon termination of this Agreement, this Agreement (other than Section 6.98.9) shall thereafter become void and have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s 's breach of this Agreement.

Appears in 4 contracts

Samples: Stockholders Agreement (Penske Capital Partners LLC), Stockholders Agreement (United Auto Group Inc), Stockholders Agreement (United Auto Group Inc)

Effects of Termination. Upon In the event of a termination of this AgreementAgreement by either party as provided in Section 8.1, this Agreement (other than Section 6.9) shall thereafter forthwith become void and have there shall be no effect, and no party hereto shall have any liability or obligation on the part of Buyer or Seller, or any of their respective officers or directors, except to any other the extent that such termination results from the willful breach by a party hereto of any of the representations, warranties, covenants, or agreements set forth in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.

Appears in 4 contracts

Samples: Purchase Agreement (Goldenaccess Com Inc), Agreement for Sale and Purchase (Goldenaccess Com Inc), Purchase Agreement (Goldenaccess Com Inc)

Effects of Termination. Upon In the event of termination of this AgreementAgreement as provided in Section 10.01, this Agreement (other than Section 6.9) shall thereafter immediately become void and have there shall be no effect, and no party hereto shall have liability on the part of any liability or obligation Party to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.that:

Appears in 3 contracts

Samples: Exchange Agreement (Votorantim Pulp & Paper Inc), Exchange Agreement (International Paper Co /New/), Exchange Agreement (Votorantim Pulp & Paper Inc)

Effects of Termination. Upon termination of If this AgreementAgreement is terminated per Section ‎6.1, this Agreement (other than Section 6.9Article ‎8 which shall remain in full force and effect) shall thereafter forthwith become wholly void and have of no further force and effect, and no . Nothing herein shall relieve any party hereto shall have any from liability for fraud or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s willful breach of this Agreement.

Appears in 3 contracts

Samples: Backstop Investment Agreement (Great Elm Capital Group, Inc.), Backstop Investment Agreement (Great Elm Capital Group, Inc.), Backstop Investment Agreement (Great Elm Capital Group, Inc.)

Effects of Termination. Upon In the event of termination of this AgreementAgreement pursuant to Section 7.1 or Section 7.2, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have without any liability or obligation to any other party hereto person in respect of this Agreementhereof, except for any liability resulting from such party’s breach of this Agreement.

Appears in 3 contracts

Samples: Purchase Agreement (United Auto Group Inc), Purchase Agreement (Penske Capital Partners LLC), Purchase Agreement (United Auto Group Inc)

Effects of Termination. Upon In the event of the termination of this Agreement pursuant to Section 8.1, this Agreement shall forthwith become null and void and of no further force and effect. Nothing in this ARTICLE VIII shall be deemed to release any party from any liability for any breach by such party of the terms and provisions of this Agreement prior to the termination of this Agreement, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.

Appears in 2 contracts

Samples: Stockholders’ Agreement, Stockholders’ Agreement

Effects of Termination. Upon In the event of termination of this AgreementAgreement pursuant to Section 6.1, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have without any liability or obligation to any other party hereto Person in respect of this Agreementhereof, except for any liability resulting from such party’s 's breach of this Agreement.

Appears in 2 contracts

Samples: Purchase Agreement (Mitsui & Co LTD), Purchase Agreement (Mitsui & Co LTD)

Effects of Termination. Upon In the event of the termination of this Agreement pursuant to Section 7.1, this Agreement shall become void and of no effect with no liability to any person on the part of any party (or of any of its Representatives or Affiliates), except to the extent of (a) any fraud or (b) the intentional and willful breach of this Agreement; provided, however, and notwithstanding anything in the foregoing to the contrary, that this Article VII and Article VIII shall survive the termination of this Agreement, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.

Appears in 2 contracts

Samples: Series C Preferred Stock Purchase Agreement (Eastman Kodak Co), Series a Preferred Stock Purchase Agreement (Eastman Kodak Co)

Effects of Termination. Upon In the event of any termination of this Agreement as provided in Section 7.01 of this Agreement, this Agreement (other than Section 6.9) shall thereafter forthwith become wholly void and have of no further force and effect, and no provided that nothing herein shall relieve any party hereto shall have any from liability or obligation to any other party hereto in respect for breaches of this Agreement, except for any liability resulting from such party’s breach of this AgreementAgreement prior to its termination.

Appears in 2 contracts

Samples: Agreement (Helix TCS, Inc.), Agreement (Venegas Zachary L)

Effects of Termination. Upon (1) In the event of any termination of this AgreementAgreement pursuant to Section 9.1, this Agreement (other than Section 6.9) shall thereafter forthwith become void and have no further effect, and there shall be no liability on the part of any party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreementhereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eschelon Telecom Inc)

Effects of Termination. Upon termination of this Agreement, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s 's breach of this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Mitsui & Co LTD)

Effects of Termination. Upon In the event of the termination of this ---------------------- Agreement, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability to the other parties hereto or obligation to any other party hereto their respective stockholders or directors or officers in respect of this Agreementthereof, except for the obligations of the parties hereto set forth in the last two sentences of Section 3.3 and in Section 3.4, and except that nothing herein will relieve any party from liability resulting from such party’s for any breach of this AgreementAgreement prior to such termination.

Appears in 1 contract

Samples: Sale Agreement (Matthews Studio Equipment Group)

Effects of Termination. Upon In the event of the termination of this Agreement, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability to the other parties hereto or obligation to any other party hereto their respective stockholders or directors or officers in respect of this Agreementthereof, except for the obligations of the parties hereto in Section 5.2 and except that nothing herein will relieve any party from liability resulting from such party’s for any breach of this AgreementAgreement prior to such termination.

Appears in 1 contract

Samples: Share Purchase Agreement (CTB International Corp)

Effects of Termination. Upon In the event of any termination of this AgreementAgreement as provided in Section 9(k) above, this Agreement (other than Section 6.97 and this Section 9, which shall remain in full force and effect) shall thereafter forthwith become wholly void and have of no further force and effect; provided, and no that nothing herein shall be deemed to release any party hereto shall have from any liability for any breach by such party of the terms and provisions of this Agreement or obligation to impair the right of any party to compel specific performance by any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of its obligations under this Agreement.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Adaptive Medias, Inc.)

Effects of Termination. Upon In the event of the termination of this AgreementAgreement as provided in Section 9.1, this Agreement (other than Section 6.9Article X, which shall remain in full force and effect) shall thereafter forthwith become wholly void and have of no further force and effect, and no provided that nothing herein shall relieve any party hereto shall have any from liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s intentional breach of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Allis Chalmers Energy Inc.)

Effects of Termination. Upon In the event of a termination of this AgreementAgreement by any Party as provided in Section 9.1, this Agreement (other than Section 6.9) shall thereafter will forthwith become void and have there will be no effect, and no party hereto shall have any liability Liability or obligation to on the part any other party hereto in respect Party or any of this Agreementtheir respective Affiliates, except for to the extent that such termination results from the Breach by a Party hereto of any liability resulting from such party’s breach of its representations, warranties, covenants, or agreements set forth in this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Berkshire Hills Bancorp Inc)

Effects of Termination. Upon termination of this Agreement, this Agreement (other than Section 6.9Sections 1.6, 1.7, 2.5 and 4.8, which shall survive termination and continue in full force and effect) shall thereafter become void and have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, Agreement except for any liability resulting from such party’s breach payments due or accrued on or prior to the date of this Agreementtermination.

Appears in 1 contract

Samples: Supply Agreement (Foamex Capital Corp)

Effects of Termination. Upon termination of If this AgreementAgreement is terminated per Section 6.1, this Agreement (other than Section 6.9Article ‎8 which shall remain in full force and effect) shall thereafter forthwith become wholly void and have of no further force and effect, and no . Nothing herein shall relieve any party hereto shall have any from liability for fraud or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s willful breach of this Agreement.

Appears in 1 contract

Samples: Backstop Investment Agreement (hopTo Inc.)

Effects of Termination. Upon In the event of the termination of this Agreement, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability to the other parties hereto or obligation to any other party hereto their respective stockholders or directors or officers in respect of this Agreementthereof, except for the obligations of the parties hereto in the last two sentences of Section 3.3, and except that nothing herein will relieve any party from liability resulting from such party’s for any breach of this AgreementAgreement prior to such termination.

Appears in 1 contract

Samples: Stock Purchase Agreement (CTB International Corp)

Effects of Termination. Upon In the event of the termination of this AgreementAgreement in accordance with this Section 9, this Agreement (other than Section 6.9) shall thereafter become void and forthwith have no effect, further force or effect and there shall be no liability on the part of any party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.except:

Appears in 1 contract

Samples: Agreement and Plan of Merger

Effects of Termination. Upon termination of If this AgreementAgreement is terminated pursuant to Section 11.1, this Agreement (other than Section 6.9) shall thereafter become void and have of no effecteffect with no liability on the part of any party hereto, except (i) as set forth in Sections 7.3, 7.5, 11.3 and no 12.6; and (ii) that nothing shall relieve any party hereto shall have any for liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s willful and material breach of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Medamicus Inc)

Effects of Termination. Upon In the event of the termination of this AgreementAgreement as provided in Section 9.1, this Agreement (other than Section 6.9Article X, which shall remain in full force and effect) shall thereafter forthwith become wholly void and have of no further force and effect, and no provided that nothing herein shall relieve any party hereto shall have any from liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.

Appears in 1 contract

Samples: Investment Agreement (GeoMet, Inc.)

Effects of Termination. Upon In the event of the termination of this ---------------------- Agreement, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability to the other parties hereto or obligation to any other party hereto their respective stockholders or directors or officers in respect of this Agreementthereof, except for the obligations of the parties hereto in the last two sentences of Section 3.3 and the Confidentiality Agreement (as defined below), and except that nothing herein will relieve any party from liability resulting from such party’s for any breach of this AgreementAgreement prior to such termination.

Appears in 1 contract

Samples: Stock Subscription and Purchase Agreement (Kilovac International Inc)

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Effects of Termination. Upon In the event of any termination of this AgreementAgreement as provided in Section 1.c(i), this Agreement (shall forthwith become wholly void and of no further force and effect, other than the parties’ obligations of confidentiality and obligations with respect to the return and destruction of confidential materials set forth in Section 6.9) shall thereafter become void and have no effect7(b), and there shall be no liability on the part of any party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreementanother.

Appears in 1 contract

Samples: Private Stock Purchase and Sale Agreement (Phi Group Inc)

Effects of Termination. Upon termination of If this AgreementAgreement is validly terminated pursuant to Section 8.1, this Agreement (other than Section 6.9) shall thereafter will forthwith become null and void and have of no effect, further force and effect and there shall be no party hereto shall have any liability or obligation to any other party hereto in respect whatsoever hereunder on the part of this Agreementeither Party, except for any liability resulting from such party’s breach of this Agreement.that:

Appears in 1 contract

Samples: Sale and Purchase Agreement (Covanta Holding Corp)

Effects of Termination. Upon In the event of termination of this AgreementAgreement pursuant to Section 6.1, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have without any liability or obligation to any other party hereto Person in respect of this Agreementhereof, except for any liability resulting from such party’s breach of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Penske Capital Partners LLC)

Effects of Termination. Upon termination of this Agreement, this Agreement (other than Section 6.96.7) shall thereafter become void and have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s 's breach of this Agreement.

Appears in 1 contract

Samples: Voting and Transfer Rights Agreement (Penske Capital Partners LLC)

Effects of Termination. Upon In the event of the termination of this AgreementAgreement as provided in Section 7.1, this Agreement (other than this Section 6.97.2, Section 7.3 and Sections 8.2 through 8.12, which shall remain in full force and effect) shall thereafter forthwith become wholly void and have of no further force and effect; provided, and no that nothing herein shall relieve any party hereto shall have any from liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s intentional breach of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ruths Hospitality Group, Inc.)

Effects of Termination. Upon In the event of any termination of this AgreementAgreement as provided in Section 7.1, this Agreement (other than Section 6.9this Article 7 and Article 8, which shall remain in full force and effect) shall thereafter forthwith become wholly void and have of no further force and effect; provided, and no that nothing herein shall relieve any party hereto shall have any from liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s intentional breach of this Agreement.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (WashingtonFirst Bankshares, Inc.)

Effects of Termination. Upon In the event of any termination of this AgreementAgreement as provided in Section 7.01, this Agreement (other than Section 6.9) shall thereafter forthwith become wholly void and have of no further force and effect; provided that, and no nothing herein shall relieve any party hereto shall have any from liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s intentional breach of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (TPG Advisors VI, Inc.)

Effects of Termination. Upon In the event of a termination of this AgreementAgreement by any Party as provided in Section 9.1, this Agreement (other than Section 6.9) shall thereafter will forthwith become void and have there will be no effect, and no party hereto shall have any liability Liability or obligation on the part any Party or any of their respective Affiliates, except to the extent that such termination results from the Breach by a Party hereto of any other party hereto of its representations, warranties, covenants, or agreements set forth in respect of this Agreement, except for . Nothing in this Article 9 will be deemed to impair the right of any liability resulting from such party’s breach party to compel specific performance by another party of its obligations under this Agreement.. Section 9.4

Appears in 1 contract

Samples: Asset Purchase Agreement

Effects of Termination. Upon termination In the event of this Agreementsuch termination, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have any liability to the other parties hereto or obligation to any other party hereto their respective stockholders or directors or officers in respect of this Agreementhereof, except for the obligations of the parties hereto in ARTICLE 9 and except that nothing herein will relieve any party from liability resulting from such party’s for misrepresentation under or any breach of this AgreementAgreement prior to such termination or be deemed to constitute a waiver of any available remedy therefor.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Aldila Inc)

Effects of Termination. Upon In the event of termination of this AgreementAgreement pursuant to Section 5.1, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have without any liability or obligation to any other party hereto person in respect of this Agreementhereof, except for any liability resulting from such party’s breach of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Penske Capital Partners LLC)

Effects of Termination. Upon In the event of termination of this AgreementAgreement under Section 9.1, this Agreement (other than Section 6.9) its respective terms and conditions shall thereafter become immediately void and have there shall be no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except payment for any liability resulting from such party’s breach of this AgreementParty.

Appears in 1 contract

Samples: Purchase, and Sale Agreement (Afya LTD)

Effects of Termination. Upon termination of If this AgreementAgreement is terminated as provided under this Section 11, this Agreement (other than Section 6.9) shall thereafter become void immediately cease to be in force and have effect and there shall be no effect, and no party hereto shall have liability on the part of any liability or obligation Party to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.that:

Appears in 1 contract

Samples: Share Purchase and Sale Agreement (TransUnion Holding Company, Inc.)

Effects of Termination. Upon In the event of termination of this AgreementAgreement pursuant to Section 2.1 hereof, this Agreement (other than Section 6.9) shall thereafter become void and have no effect, and no party hereto shall have without any liability or obligation to any other party hereto person in respect of this Agreementhereof, except for any liability resulting from such party’s breach of this Agreement.

Appears in 1 contract

Samples: Letter Agreement (Gogo Inc.)

Effects of Termination. Upon In the event of any termination of this AgreementAgreement as provided in Section 8(a), this Agreement (other than this Section 6.98(b) and Section 9, which shall remain in full force and effect) shall thereafter become void and have of no further force and effect, ; provided that nothing herein shall relieve any party from liability for willful and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s material breach of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Banc of California, Inc.)

Effects of Termination. Upon In the event of termination of this AgreementAgreement as provided in Section 11.01, this Agreement (other than Section 6.9) shall thereafter immediately become void and have there shall be no effect, and no party hereto shall have liability on the part of any liability or obligation Party to any other party hereto in respect of this Agreement, except for any liability resulting from such party’s breach of this Agreement.that:

Appears in 1 contract

Samples: Share Purchase Agreement (Lakeland Industries Inc)

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