Common use of Obligations in Event of Termination Clause in Contracts

Obligations in Event of Termination. (a) Except as set forth in Section 7.2(b), the event of any termination of this Agreement as provided in Section 7.1, this Agreement shall forthwith become wholly void and of no further force and effect (except with respect to Section 5.5, this Section 7.2 and Article VIII, which shall remain in full force and effect) and there shall be no liability on the part of SCB or CIBER.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Ciber Inc), Agreement and Plan of Merger (Ciber Inc), Agreement and Plan of Merger (SCB Computer Technology Inc)

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Obligations in Event of Termination. (a) Except as set forth in Section 7.2(b), In the event of any termination of this Agreement as provided in Section 7.17.01, this Agreement shall forthwith become wholly void and of no further force and effect (except with respect to Section 5.5, this Section 7.2 and Article VIII, which shall remain in full force and effect) and there shall be no liability on the part of SCB the Company or CIBERParent, except with respect to Section 3.01(j), Section 3.02(l), Section 5.02, Section 5.05, this Section 7.02 and Article 8 shall remain in full force and effect, and except that, subject to Section 7.02(e), termination shall not preclude any party from suing the other party for breach of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Procter & Gamble Co), Agreement and Plan of Merger (Gillette Co), Agreement and Plan of Merger (Procter & Gamble Co)

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