Common use of Effect of Termination and Abandonment Clause in Contracts

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Category 5 Technologies Inc), Agreement and Plan of Merger (Texas Instruments Inc), Agreement and Plan of Merger (Burr Brown Corp)

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Effect of Termination and Abandonment. (a) In the event of a termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIVII, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representativesRepresentatives), other than the provisions of this Section 7.5 and Section 7.6; providedPROVIDED, howeverHOWEVER, that that, except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Constellation Brands, Inc.), Agreement and Plan of Merger (Marsh & McLennan Companies Inc), Agreement and Plan of Merger (Constellation Brands, Inc.)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIIX, this Agreement (other than than, with respect to the parties hereto, the obligations pursuant to this Section 8.5, 9.5 and Sections 5.3(c) 10.1 and 6.13, and Article IX10.2) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful wilful breach of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Giddings & Lewis Inc /Wi/), Agreement and Plan of Merger (Taqu Inc)

Effect of Termination and Abandonment. (a) In the event of the termination of this Agreement and the abandonment of the Merger Stock Purchase pursuant to this Article VIII, this Agreement (other than this Section 8.5, Sections 5.3(c) the second sentence of Section 5.2, Section 6.2, the second and 6.13third sentences of Section 7.2(h), and Article IXVIII) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, consultants, contractors, agents, legal and financial advisors, attorneys or other representativesRepresentatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this AgreementAgreement by such party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Probility Media Corp), Stock Purchase Agreement (IZEA, Inc.)

Effect of Termination and Abandonment. (a) In the event of termination of If this Agreement and the abandonment of the Merger is terminated or abandoned pursuant to this Article VIIIX, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13, and Article IX) shall become void and of no further force or effect with no liability on the part of any party hereto (or on the part of any of its directors, officers, employees, agents, legal and or financial advisors, advisors or other representatives); provided, howeverexcept that (i) the agreements contained in this Article X, that except as otherwise provided hereinArticle XI, Article XII and in the Confidentiality Agreement, shall survive the termination hereof and (ii) no such termination shall relieve any party hereto of any liability or damages resulting from any willful material breach by that party of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Charter Communications Inc /Mo/), Asset Purchase Agreement (High Speed Access Corp)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this Section 8.5, Sections 5.3(c5.2(c) and 6.13, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Unitrode Corp), Agreement and Plan of Merger (Texas Instruments Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this as set forth in Section 8.5, Sections 5.3(c) and 6.13, and Article IX9.1) shall become void and of no effect with no liability (other than the liabilities arising under the provisions, including this Section 8.5, set forth in Section 9.1) on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representativesRepresentatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Royal Group Inc/), Agreement and Plan of Merger (Orion Capital Corp)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger Share Exchange pursuant to this Article VIII, this Agreement (other than this Section 8.58.5 and Sections 5.3(d), Sections 5.3(c) and 6.13, 6.16 and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Share (Franklin Resources Inc), Agreement and Plan of Share (Franklin Resources Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger transactions contemplated by this Agreement and the Arrangement pursuant to this Article VIIIV, this Agreement (other than this as set forth in Section 8.5, Sections 5.3(c) and 6.13, and Article IX6.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 2 contracts

Samples: Combination Agreement (Moore Wallace Inc), Combination Agreement (Donnelley R R & Sons Co)

Effect of Termination and Abandonment. (a) In the event of a termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIIX, the provisions of Sections 5.17, 6.9 and Article X of this Agreement (shall survive the termination of this Agreement, but in all other than respects this Section 8.5, Sections 5.3(c) and 6.13, and Article IX) Agreement shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that that, except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Renova Media Enterprises Ltd.), Agreement and Plan of Merger (Moscow Cablecom Corp)

Effect of Termination and Abandonment. (a) In the event of Upon termination of this Agreement and the abandonment of the Merger pursuant to Section 5.9 or this Article VIIIVII, this Agreement and all agreements and documents (other than this Section 8.5, Sections 5.3(cincluding legal opinions) and 6.13, and Article IX) related hereto shall become be void and of no effect with force or effect, and there shall be no liability by reason of this Agreement or the termination thereof on the part of any party hereto (hereto, or on the part of any of its the respective directors, officers, managers, employees, agents, legal and financial advisors, representatives or other representatives)shareholders of any of them; provided, however, provided that except as otherwise provided herein, no such termination shall this Section 7.5 will not relieve any party hereto from liability for damages incurred as a result of any liability or damages resulting from any willful breach by such party or by an affiliate of such party of any of its respective representations, warranties, covenants or obligations set forth in this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Dynamic Associates Inc), Agreement and Plan of Merger (Dynamic Associates Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than as set forth in this Section 8.58.5 or Sections 5.2(c), Sections 5.3(c) 5.4, 6.11, 9.4 and 6.13, and Article IX9.8) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (O2wireless Solutions Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this Section 8.58.5 and Sections 5.2(c), Sections 5.3(c) and 6.13, 6.13 and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Comverse Technology Inc/Ny/)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIIX, this Agreement (other than as set forth in this Section 8.5, Sections 5.3(c) 9.6 and 6.13, and Article IXSection 10.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); providedPROVIDED, howeverHOWEVER, that that, except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 1 contract

Samples: Combination Agreement (NYSE Group, Inc.)

Effect of Termination and Abandonment. (a) In the event of a termination of this Agreement and the abandonment of the Merger Transaction pursuant to this Article VIIIVII, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representativesRepresentatives), other than the Confidentiality Agreement, the provisions of this Section 7.5, Section 7.6 and Article VIII; provided, however, that that, except as otherwise provided hereinin this Agreement, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Washington Group International Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this as set forth in Section 8.5, Sections 5.3(c) and 6.13, and Article IX9.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives)representa tives) except pursuant to Section 6.13, Section 6.17, Section 8.5 and Article IX; provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sugen Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this Section 8.5, 8.5 and Sections 5.3(c) and 6.13), 5.3(d), 6.9 and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representativesRepresentatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Leucadia National Corp)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this Section 8.5, Sections Section 5.3(c) and 6.13, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, consultants, contractors, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful material breach of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Integrated Orthopedics Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than as set forth in Section 6.6, this Section 8.5, Sections 5.3(c) and 6.13, 8.5 and Article IXIX each of which shall survive the termination of this Agreement) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Provide Commerce Inc)

Effect of Termination and Abandonment. (a) In a)In the event of a termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIVII, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representativesRepresentatives), other than the provisions of this Section 7.5 and Section 7.6; provided, however, that that, except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Metals Usa Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this Section 8.5, Sections 5.3(c) ), 6.12 and 6.138.5, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Mindarrow Systems Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIIX, this Agreement (other than this Section 8.59.5, Sections 5.3(c5.2(c) and 6.13, and Article IXX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Texas Instruments Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIARTICLE VII, this Agreement (other than this Section 8.57.5, Sections 5.3(cSection 4.4(b) and 6.13, and Article IXSection 8.2(a)) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, consultants, contractors, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Penny Lane Partners L P)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIIX, this Agreement (other than this as set forth in Section 8.5, Sections 5.3(c) and 6.13, and Article IX10.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); providedPROVIDED, howeverHOWEVER, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ceridian Corp)

Effect of Termination and Abandonment. (a) In Subject to the terms of Section 7.6, in the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIARTICLE VII, this Agreement (other than this Section 8.57.5, Sections 5.3(cSection 4.3(b) and 6.13, and Article IXSection8.2(a)) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, consultants, contractors, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Premier Classic Art Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIVII, this Agreement (other than this as set forth in Section 8.5, Sections 5.3(c) and 6.13, and Article IX8.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); providedPROVIDED, howeverHOWEVER, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Asset Management Corp)

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Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this Section Sections 8.5, Sections 5.3(c5.2(b) and 6.136.5, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its stockholders, directors, officers, managers, employees, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any fraud or willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (IHS Inc.)

Effect of Termination and Abandonment. (a) In the event of a termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIVII, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representativesRepresentatives), other than the provisions of this Section 7.5 and Section 7.6; provided, however, that that, except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kroll Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger Transaction pursuant to this Article VIII, this Agreement (other than this Section 8.5, as set forth in Sections 5.3(c) 3.5 and 6.13, and Article IX3.10) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, managers, members, stockholders, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (MRV Communications Inc)

Effect of Termination and Abandonment. (a) In the event of a termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIIX, this Agreement (other than this as set forth in Section 8.5, Sections 5.3(c) and 6.13, and Article IX10.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); providedPROVIDED, howeverHOWEVER, that that, except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Novartis Corp)

Effect of Termination and Abandonment. (a) In Subject to the terms of Section 7.6, in the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIARTICLE VII, this Agreement (other than this Section 8.57.5, Sections 5.3(cSection 4.3(c) and 6.13, and Article IXSection 8.2(a)) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, consultants, contractors, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Network Peripherals Inc)

Effect of Termination and Abandonment. (a) In the event of the termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13, and Article IXas set forth in SECTION 9.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or grossly negligent breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Capital Re Corp)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than as set forth in Section 6.6, Section 6.11, this Section 8.5, Sections 5.3(c) and 6.13, 8.5 and Article IXIX each of which shall survive the termination of this Agreement) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, herein no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Steelcloud Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article ARTICLE VIII, this Agreement (other than as set forth in this Section 8.5, Sections 5.3(c) and 6.13, and Article IXSECTION 8.5 AND SECTION 9.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gliatech Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIARTICLE VII, this Agreement (other than this Section 8.57.5, Sections 5.3(c) Section 4.3(c), Section 5.16 and 6.13, and Article IXSection 8.2(a)) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, consultants, contractors, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Security With Advanced Technology, Inc.)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIIX, this Agreement (other than this Section 8.59.5, Sections 5.3(c) Section 5.2(b), Section 6.8 and 6.13Section 6.11, and Article IXX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Viisage Technology Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII8, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13Section 6.5 as it relates to the parties confidentiality obligations, and Article IX10) shall will become void and of no effect effect, with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representatives); provided, however, that except as otherwise provided herein, no such termination shall will relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Strategic Diagnostics Inc/De/)

Effect of Termination and Abandonment. (a) In the event of the termination of this Agreement and the abandonment of the Merger Unit Purchase pursuant to this Article VIII, this Agreement (other than this Section 8.5, Sections 5.3(c) the second sentence of Section 5.2, Section 6.2, the second and 6.13third sentences of Section 7.2(h), and Article IXVIII) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, consultants, contractors, agents, legal and financial advisors, attorneys or other representativesRepresentatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this AgreementAgreement by such party.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Code Rebel Corp)

Effect of Termination and Abandonment. (a) In the event of a termination of this Agreement and the abandonment of the Merger Transaction pursuant to this Article VIIIVII, this Agreement (other than this Section 8.5, Sections 5.3(c) and 6.13, and Article IX) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, advisors or other representativesRepresentatives), other than the Confidentiality Agreement, the provisions of this Section 7.5, Section 7.6 and Article VIII; provided, however, that that, except as otherwise provided hereinin this Agreement, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional breach of this Agreement.. 53

Appears in 1 contract

Samples: Agreement and Plan of Merger (Urs Corp /New/)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this as set forth in Section 8.5, Sections 5.3(c) and 6.13, and Article IX9.1) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representatives)) except as otherwise provided herein; provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful or intentional material breach of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Comps Com Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, this Agreement (other than this as set forth in Section 8.5, Sections 5.3(c) and 6.13, and Article IX9.1) shall become void and of no effect with no liability (other than the liabilities arising under the provisions, including this Section 8.5, set forth in Section 9.1) on the part of any party hereto (or of any of its directors, officers, employees, agents, legal and financial advisors, or other representativesRepresentatives); provided, however, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (American Bankers Insurance Group Inc)

Effect of Termination and Abandonment. (a) In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIIIARTICLE VII, this Agreement (other than this Section 8.5SECTION 7.5, Sections 5.3(cSECTION 4.4(B) and 6.13, and Article IXSECTION 8.2(A)) shall become void and of no effect with no liability on the part of any party hereto (or of any of its directors, officers, employees, consultants, contractors, agents, legal and financial advisors, or other representatives); providedPROVIDED, howeverHOWEVER, that except as otherwise provided herein, no such termination shall relieve any party hereto of any liability or damages resulting from any willful breach of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Premier Classic Art Inc)

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