Common use of Effectiveness and Termination Clause in Contracts

Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.

Appears in 7 contracts

Samples: Support Agreement (Merrill Lynch & Co Inc), Agreement (Omnipoint Corp \De\), Support Agreement (Rykoff Sexton Inc)

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Effectiveness and Termination. It is a condition precedent Notwithstanding anything in this Agreement to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered and be contrary, in full force and effect. In the event the Merger Agreement is terminated in accordance with its termsterms prior to the Acceptance Date, this Agreement shall not become effective and shall, without any action of any party hereto, automatically terminate terminate, become void ab initio, and have no force or effect simultaneously with the termination of the Merger Agreement. From and after the Termination Date, this Agreement shall be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.

Appears in 4 contracts

Samples: Non Competition Agreement (Perot Systems Corp), Non Competition Agreement (Perot Systems Corp), Non Competition Agreement (Dell Inc)

Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered and be in full force and effect. In the event that the Merger Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.

Appears in 3 contracts

Samples: Voting Agreement (Omnipoint Corp \De\), Voting Agreement (East West Communications Inc), Voting Agreement (East West Communications Inc)

Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been fully executed and delivered and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this This Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none effect upon (a) the termination of the parties hereto Merger Agreement in accordance with its terms or (b) the consummation of the Merger (other than with respect to this Section 5.2 which shall have survive any further obligation or liability hereundertermination of this Agreement).

Appears in 3 contracts

Samples: Voting Agreement (Knot Inc), Voting Agreement (Knot Inc), Voting Agreement (Knot Inc)

Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered by each of the parties thereto and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.

Appears in 3 contracts

Samples: Agreement (Radian Group Inc), Agreement (Radian Group Inc), Agreement (Radian Group Inc)

Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its termsterms (other than pursuant to the last sentence of Section 9.2 thereof), this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder. The provisions of Section 6(e) hereof shall survive the Merger.

Appears in 2 contracts

Samples: Voting Agreement (Tele Communications Inc /Co/), Voting Agreement (At&t Corp)

Effectiveness and Termination. It is a condition precedent to This Agreement shall become effective upon execution and delivery of the effectiveness of this Agreement that Merger Agreement. If the Merger Agreement shall have been executed and delivered and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such terminationtermination of this Agreement, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.

Appears in 2 contracts

Samples: Voting Agreement (Itc Deltacom Inc), Voting Agreement (Itc Deltacom Inc)

Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered deliv- ered and be in full force and effect. In the event the Merger Merg- er Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.

Appears in 2 contracts

Samples: Support Agreement (Jp Foodservice Inc), Support Agreement (Jp Foodservice Inc)

Effectiveness and Termination. It is a condition ----------------------------- precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none neither of the parties hereto shall have any further obligation or liability hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Abc Rail Products Corp)

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Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.further

Appears in 1 contract

Samples: Agreement (East West Communications Inc)

Effectiveness and Termination. It is a condition ----------------------------- precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.

Appears in 1 contract

Samples: Support Agreement (Rykoff Sexton Inc)

Effectiveness and Termination. It is a condition ----------------------------- precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered by each of the parties thereto and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Radian Group Inc)

Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been fully executed and delivered and be in full force and effect. In the event the Merger Agreement is terminated in accordance with its terms, this This Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none effect upon (a) the termination of the parties hereto Merger Agreement in accordance with its terms or (b) the consummation of the Merger (other than with respect to this Section 5.3 which shall have survive any further obligation or liability hereundertermination of this Agreement).

Appears in 1 contract

Samples: Voting Agreement (Knot Inc)

Effectiveness and Termination. It is a condition precedent to the effectiveness of this Agreement that the Merger Agreement shall have been executed and delivered and be in full force and effect. In the event the Merger ----------------------------- Agreement is terminated in accordance with its termsterms (other than pursuant to the last sentence of Section 9.2 thereof), this Agreement shall automatically terminate and be of no further force or effect. Upon such termination, except for any rights any party may have in respect of any breach by any other party of its or his obligations hereunder, none of the parties hereto shall have any further obligation or liability hereunder. The provisions of Section 6(e) hereof shall survive the Merger.

Appears in 1 contract

Samples: Voting Agreement (Teleport Communications Group Inc)

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