Common use of No Further Obligation Clause in Contracts

No Further Obligation. In the event of a termination of this Agreement, no party hereto shall have any liability or further obligation to any other party to this Agreement except that nothing herein will relieve any party from liability for any breach of this Agreement.

Appears in 11 contracts

Samples: Stock Subscription Agreement (Voicestream Wireless Holding Corp), Stock Subscription Agreement (Sonera Corp), Purchase Agreement (Western Wireless Corp)

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No Further Obligation. In the event of a termination of this Agreement, no party hereto shall have any liability or further obligation to any other party to this Agreement except that nothing herein will relieve any party from liability for any breach of this AgreementAgreement or for failure to complete the transactions contemplated by this Agreement for no valid reason equivalent to bad faith.

Appears in 1 contract

Samples: Stock Subscription Agreement (Voicestream Wireless Holding Corp)

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