Common use of NO LIABILITY UPON TERMINATION Clause in Contracts

NO LIABILITY UPON TERMINATION. In the event that, for any reason, the Distribution does not occur, this Agreement shall terminate and neither Sybron, SDS, any Laboratory Business Subsidiary, nor any Dental Business Subsidiary shall incur or retain any liability to any other party in connection therewith.

Appears in 3 contracts

Sources: Contribution Agreement (Sybron International Corp), Contribution Agreement (SDS Holding Co), Contribution Agreement (SDS Holding Co)

NO LIABILITY UPON TERMINATION. In the event that, for any reason, the Distribution does not occur, this Agreement shall terminate and neither Sybron, SDS, any Laboratory Business Subsidiary, nor any Dental Business Subsidiary shall incur or retain any liability to any other party in connection therewith. 3.4.

Appears in 1 contract

Sources: Contribution Agreement