Common use of Effect of Termination and Abandonment Clause in Contracts

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Section 9.6 hereof.

Appears in 2 contracts

Samples: Merger Agreement (North American Scientific Inc), Merger Agreement (Friede John A)

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Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX7, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof7.2 -36- and Sections 5.5(b), 5.6, 7.3, 7.4, 8.5 and 8.6 and except that nothing herein shall relieve any party from liability for any breach of any covenant or agreement under this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Integrated Defense Technologies Inc), Merger Agreement (Integrated Defense Technologies Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger this transaction pursuant to this Article IX, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof9.3 and except for the provisions of Sections 10.1, 10.3, 10.4, 10.6, 10.7, 10.8, 10.9, 10.10, 10.11, 10.12, 10.13, 10.14, 10.15, and 10.16, and any confidentiality agreement signed by the parties hereto.

Appears in 2 contracts

Samples: Asset Transfer Agreement (HeartSTAT Technology, Inc.), Asset Purchase Agreement (Insynq Inc)

Effect of Termination and Abandonment. In the event of termination of ------------------------------------- this Agreement and the abandonment of the Merger pursuant to this Article IX9, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof9.5 and Sections 7.9, Article 10 and Sections 11.3, 11.4, 11.6, 11.10, 11.13 and 11.17 and the Confidentiality Agreement referred to in Section 11.4.

Appears in 2 contracts

Samples: Merger Agreement (Pac Rim Holding Corp), Agreement and Plan of Merger (Pac Rim Holding Corp)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX8, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof8.2 and Sections 6.5(b), 6.6, 9.5 and 9.

Appears in 2 contracts

Samples: Merger Agreement (M Acquisition Corp), Merger Agreement (Marcam Solutions Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX6, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Section 9.6 hereof4.11 and except for the provisions of Sections 8.2, 8.3, 8.5, 8.7, 8.8, 8.11, 8.12 and 8.

Appears in 2 contracts

Samples: Merger Agreement (Worldwide Web Networx Corp), Merger Agreement (Artra Group Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger transactions contemplated by this Agreement pursuant to this Article IX, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Section 9.6 hereof.10.4 of the Merger Agreement and Sections 10.2 through 10.14 inclusive of this Agreement. Moreover, in the event of termination of this Agreement pursuant to Section 9.2(a), nothing herein shall prejudice the ability of the non-breaching party to pursue any

Appears in 1 contract

Samples: Stock Purchase Agreement (Broughton Foods Co)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX9, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof9.5 and Sections 7.9, Article 10 and Sections 11.3, 11.4, 11.6, 11.10, 11.13 and 11.17 and the Confidentiality Agreement referred to in Section 11.4.

Appears in 1 contract

Samples: Merger Agreement (Superior National Insurance Group Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Section Sections 7.2, 7.3 and 9.6 hereof and except for the provisions of Article XIII hereof.

Appears in 1 contract

Samples: Merger Agreement (Molina Healthcare Inc)

Effect of Termination and Abandonment. In the event of ------------------------------------- termination of this Agreement and the abandonment of the Merger pursuant to this Article IX7, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof7.2 and Sections 5.5(b), 5.6, 7.3, 7.4, 8.5 and 8.6 and except that nothing herein shall relieve any party from liability for any breach of any covenant or agreement under this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Engineered Support Systems Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX8, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Sections 5.5 and 5.7, and the confidentiality obligations under the Confidentiality Agreement (as reaffirmed in Section 9.6 hereof5.4) which obligations shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Iown Holdings Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof9.2 and Section 6.12 and except for the provisions of Sections 10.2, 10.3, 10.5, 10.6, 10.7, 10.11, 10.12, and 10.13 and pursuant to any confidentiality agreement signed by the parties hereto.

Appears in 1 contract

Samples: Merger Agreement (Digital Dj Holdings Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement 50 51 and the abandonment of the Merger pursuant to this Article IX8, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Section 9.6 hereofSections 5.10, which obligations shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Watson Pharmaceuticals Inc)

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Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger Contemplated Transactions pursuant to this Article IX7, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof7.5 and except for the provisions of Article 8 hereof (excluding Sections 9.3 and 9.12).

Appears in 1 contract

Samples: Contribution Agreement (Walden Residential Properties Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX9, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Section 9.6 hereof6.1.

Appears in 1 contract

Samples: Merger Agreement (Etc Transaction Corp)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IXARTICLE 8, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Section 9.6 hereofthis SECTION 8.2 and SECTIONS 6.5(B), 6.6, 9.5 and 9.

Appears in 1 contract

Samples: Merger Agreement (Marcam Solutions Inc)

Effect of Termination and Abandonment. In the event of ------------------------------------- termination of this Agreement and the abandonment of the Merger pursuant to this Article IX8, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to Sections 5.6 and 5.8 hereof and pursuant to the Confidentiality Agreement (as amended by Section 9.6 5.5 hereof), which obligations shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Petopia Com Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IXVIII, all obligations of the parties hereto shall terminate, 27 32 except the obligations of the parties pursuant to Section 9.6 hereofthe provisions of Sections 6.6, 8.2, 8.3 and 9.6, which obligations shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Vestar Sheridan Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article IX8, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof8.2 and Sections 6.5(b), 6.6, 8.3, 9.5 and 9.

Appears in 1 contract

Samples: Merger Agreement (Osullivan Industries Holdings Inc)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger Offer pursuant to this Article IX6, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof6.2 and Sections 5.5(b), 5.6, 5.10 (to the extent provided for therein), 7.5 and 7.

Appears in 1 contract

Samples: Offer Agreement (Invensys Holdings LTD)

Effect of Termination and Abandonment. In the event of termination of this Agreement and the abandonment of the Merger this transaction pursuant to this Article IXX, all obligations of the parties hereto shall terminate, except the obligations of the parties pursuant to this Section 9.6 hereof10.3 and Section 5.12 and except for the provisions of Sections 11.2, 11.3, 11.5, 11.6, 11.7, 11.11, 11.12, and 11.13 and pursuant to any confidentiality agreement signed by the parties hereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Xcel Management Inc/Ut)

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