Common use of Termination Effect Clause in Contracts

Termination Effect. Subject to Article 6.3 hereof, if the Agreement is terminated according to Article 6.1 hereof or applicable laws, either party shall have no right to make any claim against the other Party concerning expenses, damages, compensations or other matters, except the claim made by the observant party against the breaching party concerning the violation of any clause hereof before termination.

Appears in 2 contracts

Samples: www.sec.gov, Subscription Agreement (Sohu Com Inc)

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Termination Effect. Subject to (3) Upon a valid termination of this Agreement for any reason whatsoever in accordance with this Article 6.3 hereof6, if the Agreement is terminated according to Article 6.1 hereof or applicable laws, either neither party shall have no right any obligation to make any claim against the other Party concerning expenses, damages, compensations for compensation or other matters, except the claim made by the observant party against the breaching party concerning the violation for damages of any clause hereof before kind resulting from such termination, whether on account of the loss by a Party of present or prospective sales, investments or goodwill, and each Party hereby waives any rights which may be granted to it by statute or otherwise which are not granted to it by this Agreement.

Appears in 1 contract

Samples: Software License Agreement (Ironside Technologies Inc)

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Termination Effect. Subject to Article 6.3 hereof, if the Agreement is terminated according to Article 6.1 hereof or applicable laws, either party shall have no right to make any claim against the other Party concerning expenses, damages, compensations or other matters, except the claim made by the observant party against the breaching party concerning the violation of any clause hereof before termination.. Convertible Bond Subscription Agreement 11

Appears in 1 contract

Samples: Convertible Bond Subscription Agreement (Changyou.com LTD)

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