Common use of Manner and Effect of Termination Clause in Contracts

Manner and Effect of Termination. (a) Termination shall be effected by the giving of written notice to that effect by the party seeking termination. If this Agreement is validly terminated and the transactions contemplated hereby are not consummated, this Agreement shall become null and void and of no further force and effect and no party shall be obligated to the others hereunder; PROVIDED, HOWEVER, that termination shall not affect (i) the rights and remedies available to a party as a result of the Breach by the other party or parties hereunder, (ii) the provisions of SECTIONS 10.2, 0, AND 10.13 hereof, or (iii) the obligations of the Parties pursuant to SECTION 9.3 below.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (3 D Systems Corp), Agreement and Plan of Merger (3 D Systems Corp)

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Manner and Effect of Termination. (abbbb) Termination shall be effected by the giving of written notice to that effect by the party seeking termination. If this Agreement is validly terminated and the transactions contemplated hereby are not consummated, this Agreement shall become null and void and of no further force and effect and no party shall be obligated to the others hereunder; PROVIDEDprovided, HOWEVERhowever, that -------- ------- termination shall not affect (i) the rights and remedies available to a party as a result of the Breach by the other party or parties hereunder, (ii) the provisions of SECTIONS 10.2Sections Section 22(b), 0, AND 10.13 and Section 22(m) hereof, or (iii) the -------------------------------------------- obligations of the Parties pursuant to SECTION Section 9.3 below.. -----------

Appears in 1 contract

Samples: Agreement and Plan of Merger (Proactive Finance Group LLC)

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Manner and Effect of Termination. (a) Termination shall be effected by the giving of written notice to that effect by the party seeking termination. If this Agreement is validly terminated and the transactions contemplated hereby are not consummated, this Agreement shall become null and void and of no further force and effect and no party shall be obligated to the others hereunder; PROVIDEDprovided, HOWEVERhowever, that ----------------- termination shall not affect (i) the rights and remedies available to a party as a result of the Breach by the other party or parties hereunder, (ii) the provisions of SECTIONS Sections 10.2, 0, AND and 10.13 hereof, or (iii) the obligations of --------------------------- the Parties pursuant to SECTION Section 9.3 below.. -----------

Appears in 1 contract

Samples: Agreement and Plan of Merger (DTM Corp /Tx/)

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