Common use of 02Effect of Termination Clause in Contracts

02Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except: (a) as set forth in this ARTICLE IX and ARTICLE X hereof; (b) that nothing herein shall relieve any party hereto from liability for any willful breach of any provision hereof.

Appears in 4 contracts

Samples: Merger Agreement (Lee Pharmaceuticals, Inc.), Merger Agreement (Harrison Vickers & Waterman Inc), Merger Agreement (Harrison Vickers & Waterman Inc)

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02Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleAgreement, this Agreement shall forthwith become void and of no further force or effect (except for Article 9, which shall survive such termination) and there shall be no liability on the part of any party hereto except: (a) as set forth in this ARTICLE IX and ARTICLE X hereof; (b) except that nothing herein shall relieve any party hereto from any liability for Losses for any willful breach of any provision hereofthis Agreement.

Appears in 2 contracts

Samples: Share Purchase Agreement (Missfresh LTD), Share Purchase Agreement (Missfresh LTD)

02Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except: (a) as set forth in this ARTICLE IX and ARTICLE X hereof;; and (b) that nothing herein shall relieve any party hereto from liability for any willful breach of any provision hereof.

Appears in 1 contract

Samples: Merger Agreement (Solar Integrated Roofing Corp.)

02Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except: (a) as set forth in this ARTICLE IX and Section 6.06 and ARTICLE X hereof;; and (b) that nothing herein shall relieve any party hereto from liability for any willful breach of any provision hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (BBQ Holdings, Inc.)

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02Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto except: (a) as set forth in this ARTICLE ‎ARTICLE IX and ARTICLE ‎ARTICLE X hereof; (b) that nothing herein shall relieve any party hereto from liability for any willful breach of any provision hereof.

Appears in 1 contract

Samples: Merger Agreement (Nutranomics, Inc.)

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