Exercise of Termination Right. The rights of termination contained in Section 14 may be exercised by the Underwriter and are in addition to any other rights or remedies the Underwriter may have in respect of any default, act or failure to act or non-compliance by the Corporation respect of any of the matters contemplated by this Agreement or otherwise. If this Agreement is terminated by the Underwriter pursuant to Section 14, there shall be no further liability to the Corporation on the part of the Underwriter or of the Corporation to the Underwriter, except in respect of any liability which may have arisen or may thereafter arise under Sections 17 and 18. The right of the Underwriter to terminate its obligations under this Agreement is in addition to such other remedies it may have in respect of any default, act or failure to act of the Corporation in respect of any of the matters contemplated by this Agreement.
Appears in 4 contracts
Samples: Underwriting Agreement, Underwriting Agreement, Underwriting Agreement
