Common use of No rescission / nullification Clause in Contracts

No rescission / nullification. Except as explicitly otherwise provided for in Clause 5 or 6.4.b, each Party hereby waives the right: a. to rescind (ontbinden), nullify (vernietigen) or otherwise terminate or amend this Agreement in whole or in part by way of an out-of-court declaration (buitengerechtelijke verklaring) or in any other manner; or b. to seek the rescission (ontbinding) or nullification (vernietiging) or amendment in whole or in part of this Agreement in court.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Horizon Global Corp)

No rescission / nullification. Except as explicitly otherwise provided for in Clause 5 or 6.4.bthis Agreement, each Party hereby explicitly and irrevocably waives the right: a. to rescind (ontbinden), nullify (vernietigen) or otherwise terminate or amend this Agreement in whole or in part by way of an out-of-court declaration (buitengerechtelijke verklaring) or in any other manner; or b. to seek the rescission (ontbinding) or nullification (vernietiging) or amendment in whole or in part of this Agreement in court.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Loyalty Ventures Inc.)