Liabilities Upon Termination. In the event this Agreement is terminated pursuant to Section 10.2 above, no party hereto shall have any liability to any other party for costs, expenses, damages, loss of anticipated profits or otherwise, unless the termination occurs because of a willful and intentional breach by such party.
Appears in 5 contracts
Samples: Asset Purchase Agreement (Morris Publishing Finance Co), Asset Purchase Agreement (New Media Investment Group Inc.), Asset Purchase Agreement
Liabilities Upon Termination. In the event 1. Except as provided in Section 9.2.2 of this Agreement is terminated pursuant to Section 10.2 aboveAgreement, no party hereto shall have any liability to any other party for costs, expenses, damagesor damages in the event this Agreement is terminated pursuant to Section 9.1. and, loss in the event of anticipated profits or otherwisesuch termination, unless the termination occurs because of a willful and intentional breach by such partyEscrow Funds shall immediately be returned to Buyer.
Appears in 2 contracts
Samples: Asset Purchase Agreement (SFX Broadcasting Inc), Asset Purchase Agreement (SFX Broadcasting Inc)