Common use of Exhaustive Provisions Clause in Contracts

Exhaustive Provisions. Except for mandatory law requiring otherwise, in particular Sections 123 and 276 para. 3 BGB, and except as otherwise expressly provided in this agreement: (a) the provisions set forth in this Schedule 5 and Schedule 6 shall apply instead and to the exclusion of any and all remedies that would otherwise be available to the Purchaser under statutory law in the event of any breach of the Seller’s Warranties or any breach or non-fulfilment of any other obligation, covenant or undertaking of the Seller arising from or relating to this agreement; and (b) any further liability of the Seller, its Affiliates and their representatives, employees, directors, agents, officers or advisers and any differing or further rights or claims of the Purchaser other than explicitly provided for in this agreement, irrespective of their nature or legal basis, are hereby expressly excluded and waived, including any right to rescind (anfechten) or to withdraw (zurücktreten) from this agreement or to require on whatever legal basis the winding up of the transactions (Rückabwicklung des Vertrages gleich auf xxxxxxx Rechtsgrundlage, z.B. aufgrund großen Schadensersatzes/Schadensersatzes statt der Leistung), to claim remediation (Nacherfüllung), to reduce (mindern) the Purchase Price payable under this agreement and/or to claim damages (Schadensersatz) or reimbursement of frustrated expenditure (Ersatz vergeblicher Aufwendungen). The foregoing shall apply in particular, without limitation, to any rights and claims arising from or in connection with (i) defects in quality or title (Sach- oder Rechtsmängel) pursuant to Sections 437 to 441 BGB, (ii) incorrectness of any of the Seller’s Warranties or other guarantees, warranties, indemnities or similar undertakings, (iii) breach of any contractual or pre-contractual obligation (culpa in contrahendo), including claims pursuant to Sections 241 para. 2, 311 para. 2 and para. 3 BGB or ancillary obligations (Nebenpflichten) including claims pursuant to Section 280 BGB, (iv) tort, (v) interference with the contractual basis pursuant to Section 313 BGB (Störung der Geschäftsgrundlage), or (vi) any other legal basis, such as, without limitation, any rights and claims for intentional behaviour of the persons assisting the Seller in the performance of its contractual obligations (Erfüllungsgehilfen) pursuant to Section 278 BGB.

Appears in 1 contract

Samples: Agreement for the Sale of the Share Capital (Laureate Education, Inc.)

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Exhaustive Provisions. Except for Subject to mandatory law requiring otherwiselaw, in particular Sections sec. 123 and or sec. 276 para. 3 of the German Civil Code (BGB), and except as otherwise expressly provided in this agreement: Agreement, (ai) the Sellers’ Warranties are exhaustive and no further warranties shall be deemed to be given by the Sellers, (ii) the provisions set forth in this Schedule 5 and Schedule 6 Clause 10 shall apply instead and to the exclusion of any and all remedies that would otherwise be available to the Purchaser under statutory the law (a) in the event of any breach of the Seller’s Sellers’ Warranties being incorrect (a “Warranty Breach”), (b) in the event of any of Sellers covenants in Clause 6 having been breached (a “Covenant Breach”), or any breach or non-fulfilment (c) in the event of any other obligation, covenant obligation or undertaking guarantee of the Seller Sellers arising from or relating to this agreement; and Agreement being breached (bcollectively a “Breach”), and (iii) any further liability of the Seller, its Affiliates Sellers and their of the Sellers’ representatives, employees, directors, agents, officers or advisers agents and/or advisors and any differing or further rights or claims of the Purchaser for any Breach or any indemnities given by the Sellers other than explicitly provided for in this agreementAgreement, irrespective of their nature or legal basis, are hereby expressly excluded and waived- including, including without limitation, any right to rescind (anfechten) or to withdraw from (zurücktreten) from this agreement or to require on whatever legal basis the winding up of the transactions (Rückabwicklung des Vertrages gleich auf xxxxxxx Rechtsgrundlage, z.B. aufgrund großen Schadensersatzes/Schadensersatzes statt der Leistung)Agreement, to claim remediation (Nacherfüllung), to reduce the Purchase Price (mindern) the Purchase Price payable under this agreement and/or to claim damages (Schadensersatz) or reimbursement of frustrated futile expenditure (Ersatz vergeblicher Aufwendungen). The foregoing shall apply ) — are hereby expressly excluded and waived, in particular, without limitation, to any rights and claims arising from or in connection with (ia) defects in quality or title (Sach- oder Rechtsmängel) pursuant to Sections 437 to 441 BGB), (iib) incorrectness of any of the Seller’s Sellers’ Warranties or other guarantees, warranties, indemnities or similar undertakings, (iiic) breach of any contractual or pre-contractual obligation (culpa in contrahendo), including claims pursuant to Sections 241 para. 2, 311 para. 2 and para. 3 BGB or ancillary obligations (Nebenpflichten) including claims pursuant to Section 280 BGBobligation, (ivd) tort, (ve) interference with the contractual basis pursuant to Section 313 BGB (Störung der Geschäftsgrundlage), or (vif) any other legal basis, such as, without limitation, any rights and claims for intentional behaviour of the persons assisting the Seller in the performance of its contractual obligations (Erfüllungsgehilfen) pursuant to Section 278 BGB.

Appears in 1 contract

Samples: Share Purchase Agreement (Hillenbrand, Inc.)

Exhaustive Provisions. Except for mandatory law requiring otherwise, in particular Sections 123 and 276 para. 3 BGB, and except as otherwise expressly provided in this agreementAgreement: (a) the provisions set forth in this Schedule 5 and Schedule 6 Clause 8 shall apply instead and to the exclusion of any and all remedies that would otherwise be available to the Purchaser under statutory law in the event of any breach of the Seller’s Warranties or Sellers’ Guarantees or, if explicitly referred thereto, any breach or non-fulfilment of any other obligation, covenant or undertaking of the Seller Sellers arising from or relating to this agreementAgreement; and (b) any further liability of the SellerSellers, its their Affiliates and their representatives, employees, directors, agents, officers or advisers and any differing or further rights or claims of the Purchaser other than explicitly provided for in this agreementAgreement, irrespective of their nature or legal basis, are hereby expressly excluded and waived, including any right to rescind (anfechten) or to withdraw (zurücktreten) from this agreement Agreement or to require on whatever legal basis the winding up of the transactions Transactions (Rückabwicklung des Vertrages gleich auf xxxxxxx Rechtsgrundlage, z.B. aufgrund großen Schadensersatzes/Schadensersatzes statt der Leistung), to claim remediation (Nacherfüllung), to reduce (mindern) the Purchase Price payable under this agreement Agreement and/or to claim damages (Schadensersatz) or reimbursement of frustrated expenditure (Ersatz vergeblicher Aufwendungen). The foregoing shall apply in particular, without limitation, to any rights and claims arising from or in connection with (i) defects in quality or title (Sach- oder Rechtsmängel) pursuant to Sections 437 to 441 BGB, (ii) incorrectness of any of the Seller’s Warranties Sellers’ Guarantees or other guarantees, warranties, indemnities or similar undertakings, (iii) breach of any contractual or pre-contractual obligation (culpa in contrahendo), including claims pursuant to Sections 241 para. 2, 311 para. 2 and para. 3 BGB or ancillary obligations (Nebenpflichten) including claims pursuant to Section 280 BGB, (iv) tort, (v) interference with the contractual basis pursuant to Section 313 BGB (Störung der Geschäftsgrundlage), or (vi) any other legal basis, such as, without limitation, any rights and claims for intentional behaviour of the persons assisting the Seller in the performance of its contractual obligations (Erfüllungsgehilfen) pursuant . Reference is made to Section 278 BGBClause 8.8(b).

Appears in 1 contract

Samples: Share Purchase and Transfer Agreement (Integrated Device Technology Inc)

Exhaustive Provisions. Except for mandatory law requiring otherwise, in particular Sections 123 and 276 para. 3 BGB, and except as otherwise expressly provided in this agreement: Agreement: (a) the provisions set forth in this Schedule 5 and Schedule 6 Clause 8 shall apply instead and to the exclusion of any and all remedies that would otherwise be available to the Purchaser under statutory law in the event of any breach of the Seller’s Warranties or Sellers’ Guarantees or, if explicitly referred thereto, any breach or non-fulfilment of any other obligation, covenant or undertaking of the Seller Sellers arising from or relating to this agreementAgreement; and (b) any further liability of the SellerSellers, its their Affiliates and their representatives, employees, directors, agents, officers or advisers and any differing or further rights or claims of the Purchaser other than explicitly provided for in this agreementAgreement, irrespective of their nature or legal basis, are hereby expressly excluded and waived, including any right to rescind (anfechten) or to withdraw (zurücktreten) from this agreement Agreement or to require on whatever legal basis the winding up of the transactions Transactions (Rückabwicklung des Vertrages gleich auf xxxxxxx Rechtsgrundlage, z.B. aufgrund großen Schadensersatzes/Schadensersatzes statt der Leistung), to claim remediation (Nacherfüllung), to reduce (mindern) the Purchase Price payable under this agreement Agreement and/or to claim damages (Schadensersatz) or reimbursement of frustrated expenditure (Ersatz vergeblicher Aufwendungen). The foregoing shall apply in particular, without limitation, to any rights and claims arising from or in connection with (i) defects in quality or title (Sach- oder Rechtsmängel) pursuant to Sections 437 to 441 BGB, (ii) incorrectness of any of the Seller’s Warranties Sellers’ Guarantees or other guarantees, warranties, indemnities or similar undertakings, (iii) breach of any contractual or pre-contractual obligation (culpa in contrahendo), including claims pursuant to Sections 241 para. 2, 311 para. 2 and para. 3 BGB or ancillary obligations (Nebenpflichten) including claims pursuant to Section 280 BGB, (iv) tort, (v) interference with the contractual basis pursuant to Section 313 BGB (Störung der Geschäftsgrundlage), or (vi) any other legal basis, such as, without limitation, any rights and claims for intentional behaviour of the persons assisting the Seller in the performance of its contractual obligations (Erfüllungsgehilfen) pursuant . Reference is made to Section 278 BGBClause 8.8(b).

Appears in 1 contract

Samples: Share Purchase and Transfer Agreement

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Exhaustive Provisions. Except for Subject to mandatory law requiring otherwiselaw, in particular Sections § 123 and or § 276 para. 3 of the German Civil Code (BGB), and except as otherwise expressly provided in this agreement: Agreement, (ai) the Sellers’ Warranties and the Rövekamp Warranties are exhaustive and no further warranties shall be deemed to be given by the Sellers or Xx Xxxxxxxx, and (ii) other than for any claims of the Purchaser under Clauses 6, 8.1 and 13.2 and in relation to primary obligations (Primärleistungspflichten) under this Agreement, the provisions set forth in this Schedule 5 and Schedule 6 Clause 12 shall apply instead and to the exclusion of any and all remedies that would otherwise be available to the Purchaser under statutory the law (a) in the event of any breach of the Seller’s Sellers’ Warranties or any breach Rövekamp Warranties being incorrect, or non-fulfilment (b) in the event of any other obligation, covenant or undertaking obligation of the Seller Sellers or Xx Xxxxxxxx arising from or relating to this agreement; and Agreement being breached (bcollectively a “Breach”), and (iii) any further liability of the SellerSellers, its Affiliates Xx Xxxxxxxx and their of the Sellers’ representatives, employees, directors, agents, officers or advisers agents and/or advisors and any differing or further rights or claims of the Purchaser other than explicitly provided for in this agreementAgreement, irrespective of their nature or legal basis, are hereby expressly excluded and waivedincluding, including without limitation, any right to rescind (anfechten) or to withdraw from (zurücktreten) from this agreement or to require on whatever legal basis the winding up of the transactions (Rückabwicklung des Vertrages gleich auf xxxxxxx Rechtsgrundlage, z.B. aufgrund großen Schadensersatzes/Schadensersatzes statt der Leistung)Agreement, to claim remediation (Nacherfüllung), to reduce the Purchase Prices (mindern) the Purchase Price payable under this agreement and/or to claim damages (Schadensersatz) or reimbursement of frustrated futile expenditure (Ersatz vergeblicher Aufwendungen). The foregoing shall apply ) are hereby expressly excluded and waived, in particular, without limitation, to any rights and claims arising from or in connection with (ia) defects in quality or title (Sach- oder Rechtsmängel) pursuant to Sections 437 to 441 BGB), (iib) incorrectness of any of the Seller’s Sellers’ Warranties or Rövekamp Warranties or other guarantees, warranties, indemnities or similar undertakings, (iiic) breach of any contractual or pre-contractual obligation (culpa in contrahendo), including claims pursuant to Sections 241 para. 2, 311 para. 2 and para. 3 BGB or ancillary obligations (Nebenpflichten) including claims pursuant to Section 280 BGBobligation, (ivd) tort, (ve) interference with the contractual basis pursuant to Section 313 BGB (Störung der Geschäftsgrundlage), or (vif) any other legal basis, such as, without limitation, any rights and claims for intentional behaviour of the persons assisting the Seller in the performance of its contractual obligations (Erfüllungsgehilfen) pursuant to Section 278 BGB.

Appears in 1 contract

Samples: Share Purchase Agreement (Allegion PLC)

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