Common use of Effect of Termination and Survival Clause in Contracts

Effect of Termination and Survival. If this Agreement is validly terminated pursuant to Section 10.1, this Agreement shall forthwith become null and void, and there shall be no further liability or obligation on the Parties (or any of their respective Representatives); provided, that any right, provision or obligation of this Agreement that by its nature should survive thereafter shall survive following any such termination. Notwithstanding any other provision in this Agreement to the contrary, upon any termination of this Agreement pursuant to Section 10.1, the Company, Merry Circle and the Founder shall remain liable to Aegis for any breach of this Agreement by the Company, Merry Circle or the Founder existing at the time of such termination, and Aegis shall remain liable to the Company for any breach of this Agreement by Aegis existing at the time of such termination, and the Company or Aegis may seek such remedies in accordance with Article XIII with respect to any such breach as are provided in this Agreement or as are otherwise available at Law or in equity.

Effect of Termination and Survival. If this Agreement is validly terminated pursuant to Section 10.1, this Agreement shall forthwith become null and void, and there shall be no further liability or obligation on the Parties (or any of their respective Representatives); provided, that any right, provision or obligation of this Agreement that by its nature should survive thereafter shall survive following any such termination. Notwithstanding any other provision in this Agreement to the contrary, upon any termination of this Agreement pursuant to Section 10.1, the Company, Merry Circle Founder and the Founder each Group Company shall remain liable to Aegis the Investors for any breach of this Agreement by the Company, Merry Circle any Group Company or the Founder existing at the time of such termination, and Aegis the Investors shall remain liable to the Company for any breach of this Agreement by Aegis Investors existing at the time of such termination, and the Company or Aegis Investors may seek such remedies in accordance with Article XIII XII with respect to any such breach as are provided in this Agreement or as are otherwise available at Law or in equity.

Effect of Termination and Survival. If this Agreement is validly terminated pursuant to Section 10.1Article 8.01, this Agreement shall forthwith become null and void, and there shall be no further liability or obligation on the Parties (part of the Company or any of their respective Representatives)the Sellers; provided, that any right, provision or obligation of this Agreement that by its nature should survive thereafter shall survive following any such termination. Notwithstanding any other provision in this Agreement to the contrary, upon any termination of this Agreement pursuant to Section 10.1Article 8.01, the Company, Merry Circle and the Founder Company shall remain liable to Aegis the Sellers for any breach of this Agreement by the Company, Merry Circle or the Founder Company existing at the time of such termination, and Aegis the Sellers shall remain liable to the Company for any breach of this Agreement by Aegis the Sellers existing at the time of such termination, and the Company or Aegis the Sellers may seek such remedies in accordance with Article XIII ARTICLE IX with respect to any such breach as are provided in this Agreement or as are otherwise available at Law or in equity.

Effect of Termination and Survival. If this Agreement is validly terminated pursuant to Section 10.1, this Agreement shall forthwith become null and void, and there shall be no further liability or obligation on the Parties (or any of their respective Representatives); provided, that any right, provision or obligation of this Agreement that by its nature should survive thereafter shall survive following any such termination. Notwithstanding any other provision in this Agreement to the contrary, upon any termination of this Agreement pursuant to Section 10.1, the Company, Merry Circle Founder and the Founder each Group Company shall remain liable to Aegis Chaview for any breach of this Agreement by the Company, Merry Circle any Group Company or the Founder existing at the time of such termination, and Aegis Chaview shall remain liable to the Company for any breach of this Agreement by Aegis Chaview existing at the time of such termination, and the Company or Aegis Chaview may seek such remedies in accordance with Article XIII XII with respect to any such breach as are provided in this Agreement or as are otherwise available at Law or in equity.