Common use of Obligations Upon Termination Clause in Contracts

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either party hereto to the other party hereto, except (i) as set forth in Section 6.2 and Section 6.3, and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remedies.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Fibernet Telecom Group Inc\), Stock Purchase Agreement (RCN Corp /De/), Stock Purchase Agreement (RCN Corp /De/)

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Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.17.1, all obligations of the parties hereto under this Agreement shall terminate and there this Agreement shall be become null and avoid and of no liability of either party hereto to the other party heretofurther force and effect, except (ia) as set forth in for the provisions of Section 6.2 5.4(b), Section 5.8(j), this Section 7.2 and Section 6.3Sections 10.2, 10.3, 10.5 and 10.6 and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Landamerica Financial Group Inc), Stock Purchase Agreement (Fidelity National Financial, Inc.), Stock Purchase Agreement (Landamerica Financial Group Inc)

Obligations Upon Termination. (a) In the event that this Agreement shall be terminated pursuant to Section 10.110.1 hereof, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (i) as set forth in Section 6.2 Article IX and Section 6.3this Article X hereof, and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Affiliated Managers Group Inc), Stock Purchase Agreement (Affiliated Managers Group Inc)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.111.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (ia) as set forth in Section 6.2 and Section 6.3, 11.12 and (iib) that nothing herein will relieve any party from liability for any breach of this Agreement. Notwithstanding any other provision herein to the contrary, each of the Buyer Confidentiality Agreement and the non-breaching party Seller Confidentiality Agreement shall have the right survive any termination pursuant to pursue all available legal Section 11.1 and equitable remediesremain in full force and effect in accordance with its respective terms.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Gryphon Holdings Inc), Stock Purchase Agreement (Gryphon Holdings Inc)

Obligations Upon Termination. In the event that this Agreement shall be is terminated pursuant to Section 10.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (i) as set forth in Section 6.2 and Section Sections 6.3, 6.5 and 10.3(a) and (b) and Article XI and (ii) that nothing herein will relieve any party from liability for any intentional and material breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 2 contracts

Samples: Purchase Agreement (Tower Group, Inc.), Purchase Agreement (OneBeacon Insurance Group, Ltd.)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.17.1, all obligations of the parties hereto under this Agreement shall terminate and there this Agreement shall be become null and avoid and of no liability of either party hereto to the other party heretofurther force and effect, except (ia) as set forth in for the provisions of Section 6.2 5.4(b), this Section 7.2 and Section 6.3Sections 10.2, 10.3, 10.5 and 10.6 and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Landamerica Financial Group Inc), Stock Purchase Agreement (Fidelity National Financial, Inc.)

Obligations Upon Termination. In Except in the event of a termination pursuant to Section 9.1(a)(v) or (vi), in the event that this Agreement shall be terminated pursuant to Section 10.19.1, all obligations of the parties Parties hereto under this Agreement shall terminate and there shall be no liability of either party any Party hereto to the any other party hereto, Party except (ia) as set forth in Section 6.2 Sections 5.1 and Section 6.35.2 and Article X, and (iib) that nothing herein will shall relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Purchase Agreement (C&d Technologies Inc)

Obligations Upon Termination. In the event that this ---------------------------- Agreement shall be terminated pursuant to Section 10.19.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (i) as set forth in Section 6.2 and Section 6.3, and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ace LTD)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.111.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (i) as set forth in Section 6.2 and 6.2, Section 6.3, Section 6.4(c), Section 7.1(c) and Section 11.3 and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metropolitan Life Insurance Co/Ny)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.111.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (i) as set forth in Section 6.2 and 6.2, Section 6.3, Section 6.4(c), Section 7.1(c) and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remedies.Section 11.3 and

Appears in 1 contract

Samples: Stock Purchase Agreement

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.111.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (i) as set forth in Section 6.2 and Section 6.3, and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remedies.for which indemnification or another remedy may be sought or asserted under this Agreement. 72

Appears in 1 contract

Samples: Stock Purchase Agreement (Tower Group, Inc.)

Obligations Upon Termination. In Except in the event of a termination pursuant to Section 8.1(v) or Section 8.1(vii), in the event that this Agreement shall be terminated pursuant to Section 10.18.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (ia) as set forth in Section 6.2 Sections 6.1 and Section 6.3, and (iib) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ym Biosciences Inc)

Obligations Upon Termination. In the event that this Agreement shall be is terminated pursuant to Section 10.19.1, this Agreement shall become null and void and have no further force and effect and all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (ia) as set forth in Section 6.2 7.5, the first sentence of Section 7.15, ARTICLE X and this Section 6.39.2, and (iib) that nothing herein will relieve or release any party from liability for arising from any fraud or willful or intentional material breach by such party of this Agreement and the non-breaching party shall have the right prior to pursue all available legal and equitable remediessuch termination.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Greatbatch, Inc.)

Obligations Upon Termination. In the event that If this Agreement shall be is terminated pursuant to Section 10.18.1, all obligations of the parties hereto Parties shall terminate; provided, however, that any Party may pursue any legal or equitable remedies that may be available if such termination is based on a breach of or Default under this Agreement shall terminate and there shall be no liability of either party hereto to by the other party hereto, except (i) as set forth in Section 6.2 and Section 6.3, and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesParty.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dinewise, Inc.)

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Obligations Upon Termination. In the event that If this Agreement shall be is terminated pursuant to Section 10.1this Article 11, all obligations of the parties hereto under this Agreement hereunder shall terminate and there shall be no without any liability of either any party hereto to the any other party heretoparty, except for (i) as set forth in Section 6.2 and Section 6.3any liability of any party for breach of this Agreement prior to such termination, and (ii) that nothing herein will relieve any party from liability for any breach the provisions of this Agreement and the non-breaching party Article 12, all of which shall have the right to pursue all available legal and equitable remediessurvive such termination.

Appears in 1 contract

Samples: Share Purchase Agreement (Quest Software Inc)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.111.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party heretoexcept that (a) Sections 7.3 and 12.1(f) shall survive termination of this Agreement until October 24, except (i) as set forth in Section 6.2 and Section 6.3, 2008 and (iib) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesfor which indemnification or another remedy may be sought or asserted under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Endurance Specialty Holdings LTD)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.19.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except (i) as set forth in Section 6.2 and Section 6.3, and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fremont General Corp)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.110.1 of this Agreement, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either any party hereto to the any other party hereto, except except: (i) as set forth in Section 6.2 7.2 and Section 6.37.3 of this Agreement, and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pomeroy Computer Resources Inc)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.1, all obligations of the parties hereto under this Agreement shall terminate and terminate, there shall be no liability of either party hereto to the other party heretohereto and this Agreement shall be void and of no effect, except (i) as set forth in other than Section 6.2 1.4 and Section 6.3, 9.7 and (ii) that nothing herein will relieve any party from liability for any breach ARTICLE 11 below which shall survive the termination of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Employment Agreement (Allis Chalmers Energy Inc.)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either party hereto to the other party hereto, except (i) as set forth in Section 6.2 and Section 6.3, and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Corning Natural Gas Holding Corp)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.1, all obligations of the parties hereto under this Agreement shall terminate and there shall be no liability of either party hereto to the other party hereto, except (i) as set forth in Section 6.2 6.2, Section 6.3, and Section 6.36.16, and (ii) that that, subject to Section 9.1(c), nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remedies.

Appears in 1 contract

Samples: Stock Purchase Agreement (Allis Chalmers Energy Inc.)

Obligations Upon Termination. In the event that this Agreement shall be terminated pursuant to Section 10.17.1, all obligations of the parties hereto under this Agreement shall terminate and there this Agreement shall be become null and avoid and of no liability of either party hereto to the other party heretofurther force and effect, except (ia) as set forth in for the provisions of this Section 6.2 7.2 and Section 6.3Sections 10.2, 10.3, 10.5 and 10.6 and (ii) that nothing herein will relieve any party from liability for any breach of this Agreement and the non-breaching party shall have the right to pursue all available legal and equitable remediesAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Capital Southwest Corp)

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