Common use of Notice and Effect Clause in Contracts

Notice and Effect. In the event of the termination of this Agreement pursuant to this Article X, the party terminating this Agreement shall give prompt written notice thereof to the parties, and the transactions contemplated hereby shall be abandoned, without further action by any party. Each filing, application and other submission relating to the transactions contemplated hereby shall, to the extent practicable, be withdrawn from the person to which it was made. The confidentiality provisions set forth in Article VII of this Agreement shall survive any termination of this Agreement. Notwithstanding any statement contained in this Agreement to the contrary, termination of this Agreement shall not relieve any party from liability for any breach or violation of this Agreement that arose prior to such termination.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Medical Properties Trust Inc), Purchase and Sale Agreement (Medical Properties Trust Inc), Purchase and Sale Agreement (Medical Properties Trust Inc)

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Notice and Effect. In the event of the termination of this Agreement pursuant to this Article XArticle, the party terminating this Agreement shall give prompt written notice thereof to the parties, and the transactions contemplated hereby shall be abandoned, without further action by any party. Each filing, application and other submission relating to the transactions contemplated hereby shall, to the extent practicable, be withdrawn from the person to which whom it was made. The confidentiality provisions set forth in Article VII Section 6.1(k) of this Agreement and the Confidentiality Agreement shall survive any termination of this Agreement. Notwithstanding any statement contained in this Agreement to the contrary, termination of this Agreement shall not relieve any party from liability for any breach or violation of this Agreement that arose prior to such termination.

Appears in 1 contract

Samples: Loan Agreement (Medical Properties Trust Inc)

Notice and Effect. In the event of the termination of this Agreement pursuant to this Article XIX, the party Party terminating this Agreement shall give prompt written notice thereof to the partiesother Parties, and the transactions contemplated hereby as they relate to MPT shall be abandoned, without further action by any partyParty. Each filing, application and other submission relating to the transactions contemplated hereby shall, to the extent practicable, be withdrawn from the person to which whom it was made. The confidentiality provisions set forth in Article VII of this Agreement shall survive any termination of this Agreement. Notwithstanding any statement contained in this Agreement to the contrary, termination of this Agreement shall not relieve any party Party from liability for any breach or violation of this Agreement that arose prior to such termination.

Appears in 1 contract

Samples: ) Master Agreement (MPT Operating Partnership, L.P.)

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Notice and Effect. In the event of the termination of this Agreement pursuant to this Article X, the party terminating this Agreement shall give prompt written notice thereof to the parties, and the transactions contemplated hereby shall be abandoned, without further action by any party. Each filing, application and other submission relating to the transactions contemplated hereby shall, to the extent practicable, be withdrawn from the person to which it was made. The confidentiality provisions set forth in Article VII of this Agreement shall survive any termination of this Agreement. Notwithstanding any statement contained in this Agreement to the contrary, termination of this Agreement shall not relieve any party from liability for any breach or violation of this Agreement that arose prior to such termination.. 37

Appears in 1 contract

Samples: Purchase and Sale Agreement (Medical Properties Trust Inc)

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