Common use of Effect of Exercise of Termination Rights Clause in Contracts

Effect of Exercise of Termination Rights. If a Party exercises its right of termination under Section 8.1(a), immediately upon the Party giving notice as required under Section 8.1(a) the Parties will be discharged from any further obligations under this Agreement, except that:

Appears in 1 contract

Samples: Agreement (Tetra Technologies Inc)

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Effect of Exercise of Termination Rights. If a Party exercises its right of termination under Section 8.1(a), immediately upon the Party giving notice as required under Section 8.1(a) ), the Parties will be discharged from any further obligations under this Agreement, except that:.

Appears in 1 contract

Samples: Acquisition Agreement

Effect of Exercise of Termination Rights. If a Party exercises its right of termination under Section 8.1(a)7.1, immediately upon the Party giving notice as required under Section 8.1(a) 9.9 the Parties will shall be discharged from any further obligations under this Agreement, except that:

Appears in 1 contract

Samples: Asset Purchase Agreement (Core Molding Technologies Inc)

Effect of Exercise of Termination Rights. (a) If a Party exercises its right of termination under Section 8.1(a)7.1, immediately upon the Party giving written notice as required under Section 8.1(a) 7.1 the Parties will be discharged from any further obligations under this Agreement, except that:

Appears in 1 contract

Samples: Share Purchase Agreement

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Effect of Exercise of Termination Rights. If a Party party exercises its right of termination under Section 8.1(a7.1(a), immediately upon the Party party giving notice as required under Section 8.1(a) 7.1(a), the Parties parties will be discharged from any further obligations under this Agreement, except that:that each party’s respective obligations under Section 4.3(b) and Section 9.9 will continue indefinitely.

Appears in 1 contract

Samples: Share Purchase Agreement (INVO Bioscience, Inc.)

Effect of Exercise of Termination Rights. If a Party party exercises its right of termination under Section 8.1(a7.1(a), immediately upon the Party party giving notice as required under Section 8.1(a) 7.1(a), the Parties parties will be discharged from any further obligations under this Agreement, except that:that each party’s respective obligations under Section 9.3 and Section 9.4 will continue indefinitely.

Appears in 1 contract

Samples: Share Purchase Agreement

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