Common use of Consequence Upon Termination Clause in Contracts

Consequence Upon Termination. Upon termination hereof, this Agreement shall be of no further effect and no party shall have any right against any of the other parties in connection with this Agreement; provided, however, that nothing herein shall relieve any party of any liability incurred before the termination of this Agreement. Upon termination of this Agreement, if the New Co has already been established, the parties shall dissolve the New Co in accordance with PRC law.

Appears in 1 contract

Samples: Cooperation Agreement (China Broadband Inc)

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Consequence Upon Termination. Upon termination hereof, this Agreement shall be of no further effect and no party shall have any right against any of the other parties in connection with this Agreement; provided, however, that nothing herein shall relieve any party of any liability incurred before the termination of this Agreement. Upon termination of this Agreement, if the New Co has already been established, the parties shall dissolve the New Co in accordance with PRC law.

Appears in 1 contract

Samples: Cooperation Agreement (Alpha Nutra Inc)

Consequence Upon Termination. Upon termination hereof, this Agreement shall be of no further effect and no party shall have any right against any of the other parties in connection with this Agreement; provided, however, that nothing herein the Parties shall relieve any party continue with the performance of any liability incurred and all duties hereunder before the termination of this Agreement. Upon termination of this Agreement, if the New Co has already been established, the parties shall dissolve the New Co in accordance with PRC law.

Appears in 1 contract

Samples: Framework Agreement (China Cablecom Holdings, Ltd.)

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Consequence Upon Termination. Upon termination hereof, this Agreement shall be of no further effect and no party shall have any right against any of the other parties in connection with this Agreement; provided, however, that nothing herein shall relieve any either party of any liability incurred before the termination of this Agreement. Upon termination of this Agreement, if the New Co has already been established, the parties shall dissolve the New Co in accordance with PRC law.

Appears in 1 contract

Samples: Framework Agreement (China Cablecom Holdings, Ltd.)

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