Procedure for and Effect of Termination. In the event of termination of this Agreement and abandonment of the transactions contemplated hereby by the parties hereto pursuant to Section 6.1 hereof, written notice thereof shall be given by a party so terminating to the other party and this Agreement shall forthwith terminate and shall become null and void and of no further effect, and the transactions contemplated hereby shall be abandoned without further action by the Seller or the Buyer. If this Agreement is terminated pursuant to Section 6.1 hereof:
Procedure for and Effect of Termination. In the event that --------------------------------------- this Agreement is terminated and the Merger is abandoned by the Parent or the Merger Sub, on the one hand, or by the Company, on the other hand, pursuant to Section 8.1, written notice of such termination and abandonment shall forthwith be given to the other parties and this Agreement shall terminate and the Merger shall be abandoned without any further action. If this Agreement is terminated as provided herein, no party hereto shall have any liability or further obligation to any other party under the terms of this Agreement except with respect to the willful breach by any party hereto and except that the provisions of this Section 8.2, the final sentence of Section 6.3, Section 8.3 and Article 9 shall survive the termination of this Agreement.
Procedure for and Effect of Termination. In the event of termination of this Agreement and abandonment of the transactions contemplated hereby by the parties pursuant to Section 8.1(b), Section 8.1(c), Section 8.1(d), Section 8.1(e), or Section 8.1(f), written notice thereof shall be given by the party so terminating to the other party and, except as provided in this Section 8.2, this Agreement shall forthwith terminate and shall become null and void and of no further effect, and the transactions contemplated hereby shall be abandoned without further action by Seller or Buyer. Nothing in this Article 8 shall be deemed to release either party from any liability for any breach by such party of the terms and provisions of this Agreement or to impair the right of either party to compel specific performance by the other party of its obligations under this Agreement. If this Agreement is terminated pursuant to Section 8.1:
Procedure for and Effect of Termination. In the event of the termination and abandonment of this Agreement by Seller or Purchaser pursuant to Section 7.1 hereof, written notice thereof shall forthwith be given to the other party. If the transactions contemplated by this Agreement are terminated as provided herein:
Procedure for and Effect of Termination. (a) In the event of the termination of this Agreement by any of the parties in accordance with Section 9.1, written notice to the non-terminating party shall be given by the terminating party in accordance with Section 10.1.
Procedure for and Effect of Termination. If this Agreement is terminated as provided herein, no party hereto shall have any liability or further obligation to any other party under the terms of this Agreement.
Procedure for and Effect of Termination. In the event of termination of this Agreement by the parties under Section 7.1 of this Agreement, written notice thereof shall be given by a party so terminating to the other party and this Agreement shall forthwith terminate and shall, except as set forth in the last sentence of this Section 7.2, become null and void and of no further effect, and the transactions contemplated by this Agreement shall be abandoned without further action by Sellers or Buyer. In addition, if this Agreement is terminated under Section 7.1 of this Agreement, there shall be no liability or obligation under this Agreement on the part of Sellers or Buyer or any of their respective directors, officers, employees, affiliates, controlling persons, agents or representatives, except that any party may have liability to the other party if the basis of termination is (i) a fraud, (ii) the failure of any representation or warranty of the party, other than the party exercising its rights under this Agreement to terminate this Agreement (the “Non-Terminating Party”), made in this Agreement to be true and correct in all material respects as of the date hereof (but in such case, the Non-Terminating party shall be liable only for Buyer Damages or Seller Damages, as the case may be), or (iii) the breach by the Non-Terminating Party of one or more of the covenants or agreements included in this Agreement (but in such case, the Non-Terminating party shall be liable only for Buyer Damages or Seller Damages, as the case may be). Notwithstanding the foregoing, the obligations provided for in Section 5.5, Section 7.2, Section 9.6 and Section 9.9 of this Agreement and in the Confidentiality Agreement shall survive any such termination.
Procedure for and Effect of Termination. In the event of termination of this Agreement and abandonment of the transactions contemplated by this Agreement by either party as provided under Section 10.1 of this Agreement, written notice thereof shall be given by a party so terminating to the other party and this Agreement shall forthwith become void and have no effect, and the transactions contemplated by this Agreement shall be abandoned without further action by Parents, Genco Holdings or Buyer, without any liability or obligation on the part of Buyer, Genco Holdings or Parents, other than the provisions of Section 6.2(b), this Section 10.2 and Article XI. If this Agreement is terminated under Section 10.1 of this Agreement:
Procedure for and Effect of Termination. In the event that this Agreement is terminated by the Fund or the Company, on the one hand, or by Vaalco, on the other hand, pursuant to Section 9.1(b) hereof, written notice of such termination and abandonment shall forthwith be given to the other parties and this Agreement shall terminate without any further action. If this Agreement is terminated as provided herein, no party hereto shall have any liability or further obligation to any other party under the terms of this Agreement except that the provisions of Section 6.3, 6.4(b), 9.3, this Section 9.2 and Article 10 shall survive the termination of this Agreement.
Procedure for and Effect of Termination. 7.2.1 In the event that this Agreement is terminated and the Merger is abandoned by the Board of Directors of the Parent, on the one hand, or by the General Partner, on the other hand, pursuant to Section 7.1(a), (b), (c), (d), (g) or (h), written notice of such termination and abandonment shall forthwith be given to the other parties and this Agreement shall terminate and the Merger shall be abandoned without any further action. If this Agreement is terminated as provided in this Section 7.2.1, no party hereto shall have any liability or further obligation to any other party under the terms of this Agreement except with respect to the willful breach by any party hereto and except as provided in Section 8.4; provided, however, that, if this Agreement is terminated pursuant to Section 7.1(g) or Section 7.1(h), the foregoing provisions of this sentence shall not relieve a party from liability for breach of contract based upon negligence in making any representation or warranty pursuant to this Agreement as of the date hereof.
