Common use of Effect of Termination; Remedies Clause in Contracts

Effect of Termination; Remedies. (a) In the event of termination pursuant to Section 8.1, this Agreement shall become null and void and have no effect (other than Article 8, Article 11 and Article 12, which shall survive termination), with no liability on the part of Sellers, ISG or Buyer, or their respective Affiliates or respective Related Persons, with respect to this Agreement or any Ancillary Agreement, except for any liability provided for in this Article 8.

Appears in 5 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (International Steel Group Inc), Asset Purchase Agreement (International Steel Group Inc)

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Effect of Termination; Remedies. (a) In the event of termination pursuant to Section 8.1, this Agreement shall become null and void and have no effect (other than Article 8, Article 11 Articles 8 and Article 129, which shall survive termination), with no liability on the part of Sellers, ISG Sellers or Buyer, or their respective Affiliates or respective Related Persons, with respect to this Agreement or any Ancillary AgreementAgreements, except for (i) the liability of a party for its own expenses pursuant to Section 9.3; and (ii) any liability provided for in this Article 8Section 8.2(b) through Section 8.2(e), inclusive.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Effect of Termination; Remedies. (a) a. In the event of termination pursuant to in accordance with Section 8.112, this Agreement shall become null and void and have no effect (other than Article 8Sections 11, Article 11 12, 13, 14, 15 and Article 1218, which shall survive termination), with no liability on the part of SellersSeller, ISG or BuyerPurchaser, or their respective Affiliates or respective Related Personsofficers, directors, and affiliates, with respect to this Agreement or any Ancillary Agreementhereto, except for any liability provided for in this Article 8Section.

Appears in 1 contract

Samples: Agreement for Sale and Purchase

Effect of Termination; Remedies. (a) In the event of termination pursuant to Section 8.110.1, this Agreement shall become null and void and have no effect (other than Article 8, Article 11 10 and Article 1211, which shall survive termination), with no liability on the part of Sellers, ISG Seller or Buyer, or their respective Affiliates or respective Related Persons, Buyer with respect to this Agreement or any Ancillary Agreement, except for any liability provided for in this Article 8the Purchase Incentive Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Uniroyal Technology Corp)

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Effect of Termination; Remedies. (a) In the event of termination pursuant to Section 8.1‎Section 7.1, this Agreement shall will become null and void and have no effect (other than Article 8‎VII, Article 11 VIII and Article 12I‎X, which shall will survive termination), with no liability on the part of Sellers, ISG or Buyer, or their respective Affiliates or respective Related Persons, with respect to this Agreement or any Ancillary Agreement, except for any liability provided for in this Article 8‎VII.

Appears in 1 contract

Samples: Asset Purchase Agreement (BBQ Holdings, Inc.)

Effect of Termination; Remedies. (a) In the event of termination pursuant to any provision of Section 8.1, this Agreement shall become null and void and have no effect (other than Article 8, Article 11 and Article 12, which shall survive termination), with no liability on the part of Sellers, ISG Sellers or Buyer, or their respective Affiliates or respective Related Persons, with respect to this Agreement or any Ancillary Agreement, except for any obligation or liability provided for in this Article 8Section 8.2.

Appears in 1 contract

Samples: Asset Purchase Agreement (Angiodynamics Inc)

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