Common use of Exclusive Remedy; Sole Recourse Clause in Contracts

Exclusive Remedy; Sole Recourse. With the exception of claims based upon fraud or intentional misrepresentation, from and after the Closing, the indemnification provisions set forth in this Section 9 and the Tax indemnification provisions set forth in Section 10.6 shall be the sole and exclusive remedy of both the Northern Border Indemnitees and the ONEOK Indemnitees for Damages under this Agreement (it being understood that nothing in this Section 9.4 or elsewhere in this Agreement shall affect the Parties’ rights to specific performance or other equitable remedies with respect to the covenants referred to in this Agreement to be performed after the Closing).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Oneok Inc /New/), Contribution Agreement (Oneok Inc /New/)

AutoNDA by SimpleDocs

Exclusive Remedy; Sole Recourse. With the exception of claims based upon fraud or intentional misrepresentation, from and after the Closing, the indemnification provisions set forth in this Section 9 and the Tax indemnification provisions set forth in Section 10.6 shall be the sole and exclusive remedy of both the Northern Border Indemnitees and the ONEOK Indemnitees for Damages under this Agreement (it being understood that nothing in this Section 9.4 or elsewhere in this Agreement shall affect the Parties' rights to specific performance or other equitable remedies with respect to the covenants referred to in this Agreement to be performed after the Closing).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Northern Border Partners Lp), Contribution Agreement (Northern Border Partners Lp)

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