Effect of Termination and Failure of Conditions. In the event of termination of this Agreement as provided in Section 6.3, or of the failure of a condition resulting in the Purchaser, the Company or the Sellers not performing its or their obligations hereunder pursuant to the terms of Section 6.1 or 6.2, as the case may be, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto with respect thereto except (i) the provisions of Sections 4.4 and 5.2 shall survive any such termination and (ii) nothing herein shall relieve any party from liability for any breach hereof.
Appears in 1 contract
Samples: Stock Purchase Agreement (Authentic Specialty Foods Inc)
Effect of Termination and Failure of Conditions. In the event of termination of this Agreement as provided in Section 6.3, or of the failure of a condition resulting in the Purchaser, the Company Purchaser or the Sellers not performing its or their obligations hereunder pursuant to the terms of Section 6.1 or 6.2, as the case may be, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto with respect thereto thereto, except (i) the provisions of Sections 4.4 and 5.2 shall survive any such termination and (ii) that nothing herein shall relieve any party from liability for any breach hereof.
Appears in 1 contract
Samples: Asset Purchase Agreement (Authentic Specialty Foods Inc)
Effect of Termination and Failure of Conditions. In the event of termination of this Agreement as provided in Section 6.37.3, or of the failure of a condition resulting in the PurchaserBHI, or the Company or the Sellers not performing its or their obligations hereunder pursuant to the terms of Section 6.1 7.1 or 6.27.2, as the case may be, this Agreement shall forthwith become void EXHIBIT 10(hh) and there shall be no liability on the part of any party hereto with respect thereto except (i) the provisions of Sections 4.4 and 5.2 shall survive any such termination and (ii) that nothing herein shall relieve any party from liability for any breach hereof.
Appears in 1 contract
Samples: Exchange Agreement (Tuboscope Vetco International Corp)
Effect of Termination and Failure of Conditions. In the event of termination of this Agreement as provided in Section 6.37.3, or of the failure of a condition resulting in the PurchaserBHI, or the Company or the Sellers not performing its or their obligations hereunder pursuant to the terms of Section 6.1 7.1 or 6.27.2, as the case may be, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto with respect thereto except (i) the provisions of Sections 4.4 and 5.2 shall survive any such termination and (ii) that nothing herein shall relieve any party from liability for any breach hereof.
Appears in 1 contract
Effect of Termination and Failure of Conditions. In the event of termination of this Agreement as provided in Section 6.3, or of the failure of a condition resulting in the Purchaser, the Company or the Sellers Parent not performing its or their obligations hereunder pursuant to the terms of Section 6.1 7.1 or 6.27.2, as the case may be, this Agreement shall forthwith become void and there shall be no liability on the part of any party hereto with respect thereto except (i) the provisions of Sections 4.4 and 5.2 shall survive any such termination and (ii) that nothing herein shall relieve any party from liability for any breach hereof.
Appears in 1 contract
Samples: Subscription Agreement (Tuboscope Vetco International Corp)