Common use of Willful Breach Clause in Contracts

Willful Breach. Upon AbbVie becoming entitled to an AbbVie Reimbursement Payment, Allergan shall have no further liability in connection with the valid termination of the Transaction Agreement (for the avoidance of doubt, other than the obligation to pay the AbbVie Reimbursement Payments pursuant to this Agreement), whether under the Transaction Agreement or this Agreement or otherwise, to AbbVie, its Subsidiaries or its shareholders; provided, that nothing herein shall release any Party from liability (including any monetary damages or other appropriate remedy) for Willful Breach, for fraud or as provided for in the Confidentiality Agreement.

Appears in 5 contracts

Samples: Expenses Reimbursement Agreement (AbbVie Inc.), Expenses Reimbursement Agreement (Allergan PLC), Expenses Reimbursement Agreement

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