Common use of No Further Obligation Clause in Contracts

No Further Obligation. Upon termination for any reason, this Agreement shall be void and of no further effect, and there shall be no liability by reason of this Agreement or the termination thereof on the part of any of the parties hereto or their respective directors, officers, employees, agents or stockholders.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Virginia Savings Bancorp), Agreement and Plan of Reorganization (Virginia Savings Bancorp, Inc.), Agreement and Plan of Reorganization (Virginia Savings Bancorp)

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No Further Obligation. Upon termination for any reason, this Agreement shall be void and of no further effect, and there shall be no liability by reason of this Agreement or the termination thereof on the part of any of the parties hereto or their respective directors, officers, employees, agents or stockholdersshareholders.

Appears in 2 contracts

Samples: Reorganization Agreement and Plan of Share Exchange (Virginia National Bankshares Corp), Reorganization Agreement and Plan of Share Exchange (Virginia National Bankshares Corp)

No Further Obligation. Upon In the event of the termination for any reasonof this Agreement pursuant to this Article IV, this Agreement shall be void and of no further force or effect, and there shall be no further liability or obligation of any nature by reason of this Agreement or the termination thereof hereof on the part of any of the parties hereto or their respective directors, officers, employees, agents or stockholders.

Appears in 1 contract

Samples: Citizens Federal Savings Bank Agreement and Plan of Reorganization (CFS Bancshares Inc)

No Further Obligation. Upon termination for any reason, this Agreement shall be void and of no further effect, and there shall be no liability by reason of this Agreement or the termination thereof on the part of any of the parties hereto or their respective managers, directors, officers, employees, agents agents, or stockholders.

Appears in 1 contract

Samples: Reorganization Agreement and Plan of Share Exchange (Acesis Holdings Corp.)

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No Further Obligation. Upon termination for any reason, this Agreement shall be void and of no further effect, and there shall be no liability by reason of this Agreement or the termination thereof on the part of any of the parties hereto or their respective managers, directors, officers, employees, agents or stockholders.

Appears in 1 contract

Samples: Reorganization Agreement and Plan of Share Exchange (La Rosa Holdings Corp.)

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