Effect of Termination; Expenses. In the event that this Agreement shall be terminated pursuant to Section 16.01, all further obligations of the Parties with respect to this Agreement (other than the obligations in Article XIII and in this Section 16.02 and Section 16.03) shall terminate without further obligation of either Party. In the event of termination, Article XIII shall survive and all out-of-pocket costs and expenses incurred by or on behalf of the Purchaser and Seller shall be paid by Purchaser subject to the limitations set forth in Article XIII.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Beagle Holdings Inc), Asset Purchase Agreement (Alion Science & Technology Corp), Asset Purchase Agreement (Alion Science & Technology Corp)
