Effect of Termination; Survival of Certain Provisions Sample Clauses

Effect of Termination; Survival of Certain Provisions. Nothing in this Agreement shall relieve any party from liability for any rights accrued hereunder prior to any termination of this Agreement. The respective obligations of the parties hereto pursuant to this Section 5.2, Article VI and Article VII shall survive any termination of this Agreement.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Effect of Termination; Survival of Certain Provisions. Upon termination of the Term, this Agreement shall terminate and become null and void and of no effect with no liability on the part of any Party hereto, provided that (i) such termination shall not relieve any Party from any liability for any breach of this Agreement prior to such termination and (ii) the provisions of this Section 6 and Sections 3(c), 7 and 8 shall survive any termination of this Agreement.
Sample 1Sample 2
Effect of Termination; Survival of Certain Provisions. The termination of this Agreement shall not affect any right or claim that shall or may have accrued or arisen prior thereto. The provisions of Sections 6, 7, 13, 15 and 16 shall survive termination of this Agreement.
Sample 1Sample 2
Effect of Termination; Survival of Certain Provisions. Any termination of this Agreement shall not affect the rights or obligations of any party arising, or based on actions or omissions occurring, before such termination, including without limitation any breach of any representation or warranty set forth herein. The provisions of Sections 6 ("Representations and Warranties of Seller"), 7 ("Representations and Warranties of Buyer"), 12 ("Releases and Indemnifications") other than Section 12.2 ("Releases"), and 14 ("Miscellaneous") hereof shall survive any termination of this Agreement. In addition, that certain Confidentiality Agreement dated October 7, 1996 shall survive.
Sample 1Sample 2
Effect of Termination; Survival of Certain Provisions. Nothing in this Agreement shall relieve any party from liability for any rights accrued hereunder prior to any termination of this Agreement. Without limiting the generality of the foregoing, in the event of termination under Section 5.1(c) due to a breach by a Seller of its representations and warranties contained in Section 2.1(c), such Seller shall pay to Purchaser no later than two business days after such termination an amount equal to $922,843.12, if such Seller is Pacific Technology Partners, L.P., $39,619.12, if such Seller is Pacific Technology Advisors, LDC, or $400,429.57, if such Seller is Pacific United Technology, L.P., to compensate Purchaser for the time spent and costs and expenses incurred by Purchaser in connection with the transactions contemplated herein. Without limiting the generality of the foregoing, in the event the conditions set forth in Section 4.1 have been satisfied on the Closing Date and the Purchaser has not delivered the Purchase Price to each Seller as set forth in Section 1.3(b) at the Closing, Purchaser shall pay to each Seller no later than two business days after the Closing Date an amount equal to 10% of the Purchase Price payable to such Seller to compensate such Seller for the time spent and costs and expenses incurred by such Seller in connection with the transactions contemplated herein. The respective obligations of the parties hereto pursuant to this Section 5.2, Article VI and Article VII shall survive any termination of this Agreement.
Sample 1
Effect of Termination; Survival of Certain Provisions. If this Agreement is terminated prior to Spartan's approval of the Prototype Systems, Spartan shall have no obligation to pay to Aimrite the amount set forth in Subsection 3(b). In the event of any termination of this Agreement, Sections 4-7 shall survive and continue in effect and shall enure to the benefit of and be binding upon the parties and their legal representatives, heirs, successors, and assigns.
Sample 1

Related to Effect of Termination; Survival of Certain Provisions

  • Survival of Certain Provisions The covenants and agreements set forth in Section 4.1, Section 4.2 and Section 5.2 shall survive the Termination of the Company.

  • Indemnification; Survival of Certain Provisions The Liquidity Provider shall be indemnified hereunder to the extent and in the manner described in Section 8.1 of the Participation Agreements. In addition, the Borrower agrees to indemnify, protect, defend and hold harmless the Liquidity Provider from, against and in respect of, and shall pay on demand, all Expenses of any kind or nature whatsoever (other than any Expenses of the nature described in Section 3.01, 3.02 or 7.07 hereof or in the Fee Letter applicable to this Agreement (regardless of whether indemnified against pursuant to said Sections or in such Fee Letter)), that may be imposed, incurred by or asserted against any Liquidity Indemnitee, in any way relating to, resulting from, or arising out of or in connection with any action, suit or proceeding by any third party against such Liquidity Indemnitee and relating to this Agreement, the Fee Letter, the Intercreditor Agreement or any Financing Agreement; provided, however, that the Borrower shall not be required to indemnify, protect, defend and hold harmless any Liquidity Indemnitee in respect of any Expense of such Liquidity Indemnitee to the extent such Expense is (i) attributable to the gross negligence or willful misconduct of such Liquidity Indemnitee or any other Liquidity Indemnitee, (ii) ordinary and usual operating overhead expense, or (iii) attributable to the failure by such Liquidity Indemnitee or any other Liquidity Indemnitee to perform or observe any agreement, covenant or condition on its part to be performed or observed in this Agreement, the Intercreditor Agreement, the Fee Letter applicable to this Agreement or any other Operative Agreement to which it is a party. The indemnities contained in Section 8.1 of the Participation Agreements, and the provisions of Sections 3.01, 3.02, 3.03, 3.09, 7.05 and 7.07 hereof, shall survive the termination of this Agreement.

  • Term; Termination; Survival of Provisions The term of this Agreement shall commence on the date hereof and shall continue, unless earlier terminated pursuant to the provisions of this section, for twelve (12) months, automatically renewed thereafter for monthly periods unless either Party informs the other in writing thirty (30) days prior to the end of the current term of its intent to terminate this Agreement. This Agreement may be terminated prior to the end of the current term, by mutual written consent of the Parties hereto, or:

  • Termination of Certain Provisions 46 SECTION 7.14.

  • Effect of Termination; Survival In the event of any termination of this Agreement pursuant to Section 2.1, this Agreement shall be terminated, and there shall be no further liability or obligation hereunder on the part of any Party, other than Section 1.6, Section 1.9, this Section 2.2 and Article III, which provisions shall survive such termination; provided, however, that nothing contained in this Agreement (including this Section 2.2) shall relieve a Party from liability for any breach of any of its representations, warranties, covenants or agreements set forth in this Agreement to the extent occurring prior to such termination.

  • Survival of Certain Obligations The obligations of Sections 3, 4, 8, 9, 12 and 13 shall survive any termination of this Agreement.

  • Limitation of Liability of Sub-Adviser The Sub-Adviser shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Trust or the Fund or the Adviser in connection with the matters to which this Agreement relates, except a loss resulting from willful misfeasance, bad faith or gross negligence on the Sub-Adviser's part in the performance of its duties or from reckless disregard by it of its obligations and duties under this Agreement. Any person, even though also employed by the Sub-Adviser, who may be or become an employee of and paid by the Trust or the Fund shall be deemed, when acting within the scope of his employment by the Trust or the Fund, to be acting in such employment solely for the Trust or the Fund and not as the Sub-Adviser's employee or agent.

  • Limitation of Liability of JCM JCM shall not be liable for any error of judgment or mistake of law or for any loss arising out of any investment or for any act or omission taken with respect to the Trust, except for willful misfeasance, bad faith or gross negligence in the performance of its duties, or by reason of reckless disregard of its obligations and duties hereunder and except to the extent otherwise provided by law. As used in this Section 14, "JCM" shall include any affiliate of JCM performing services for the Trust contemplated hereunder and directors, officers and employees of JCM and such affiliates.

  • Breach of Certain Provisions Failure of Borrower to perform or comply with any term or condition contained in that portion of subsection 2.2 relating to Borrower's obligation to maintain insurance, subsection 2.3, Section 3 or Section 4; or

  • Limitation of Liability of Subadviser You shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Fund or the Adviser in connection with the matters to which this Agreement relates, except a loss resulting from willful misfeasance, bad faith or gross negligence on your part or from reckless disregard by you of your obligations and duties under this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.