Liabilities After Termination. The termination of this Agreement shall not limit the obligation or liabilities of any party hereto incurred but not discharged prior to termination.
Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1 hereof, no party hereto shall thereafter have any further liability or obligation hereunder other than the Purchaser's obligations pursuant to Section 6.2 hereof, but no such termination shall relieve any party hereto of any liability to the other parties hereto for any breach of this Agreement prior to the date of such termination.
Liabilities After Termination. After the expiration or termination of this Agreement for any reason other than an assignment of the Station’s assets to Nexstar or any assignee of Nexstar, (i) Mission shall be responsible for broadcasting such advertising on the Station as may be required under advertising contracts entered into by Nexstar during the term of this Agreement and (ii) Mission shall be entitled to any revenues for advertising broadcast after termination of this Agreement.
Liabilities After Termination. If this Custodial Agreement is terminated as provided herein, none of the parties hereto shall have any further liability or obligation to the other parties hereto, except as provided in Sections 5.1(j), 8.6, 8.7 and 8.8 of this Custodial Agreement.
Liabilities After Termination. Termination or expiration of this Agreement for any cause shall not relieve any of the parties hereto from any obligations or liabilities accrued under this Agreement as of the time such termination becomes effective. Without limiting the foregoing, it is specifically recognized that any obligation on the part of a party to assume financial responsibility, to indemnify and insure or to make a payment of money shall survive termination or expiration of this Agreement. It is further recognized that grant funding providers of the Commissions, including but not limited to the Federal Transit Administration and the Federal Railroad Administration, may retain an interest in Improvements funded in whole or in part with grant funds which interests shall run with the Improvements upon termination or expiration of this Agreement.
Liabilities After Termination. 11 SECTION 8.6. Appointment of Successor Custodian.............................................. 11 SECTION 8.7. Rights and Remedies of Indenture Trustee Regarding Termination.................. 11 SECTION 8.8. Actions Upon Termination........................................................ 12
Liabilities After Termination. (a) Upon termination of this Agreement pursuant to Section 11.1, no party shall thereafter have any further liability or obligation hereunder; provided, however, that, subject to clauses (b) and (c) below, such termination shall not relieve any party of any liability for any breach of this Agreement prior to the date of such termination.
(b) In the event that the Purchaser elects to terminate this Agreement pursuant to Section 11.1(b) hereof as a result of a breach of one or more representations or warranties of the Seller set forth in Article V, the Seller and Purchaser agree that the Purchaser shall have suffered damages in the amount of $7,000,000 and the Seller shall pay such amount to the Purchaser, as liquidated damages and not as a penalty. Such amount of liquidated damages shall be the sole and exclusive remedy of the Purchaser for any claim relating to this Agreement resulting from such breach.
(c) In the event that the Seller elects to terminate this Agreement pursuant to Section 11.1(c) hereof as a result of a breach of one or more representations or warranties of the Purchaser as set forth in Article VI (other than for a breach of the representation and warranty set forth in Section 6.6), the Seller and Purchaser agree that the Seller shall have suffered damages in the amount of $7,000,000 and the Purchaser shall pay such amount to the Seller, as liquidated damages and not as a penalty. Such amount of liquidated damages shall be the sole and exclusive remedy of the Seller for any claim relating to this Agreement resulting from such breach. In the case of a breach of the representation and warranty set forth in Section 6.6 such limitation shall not apply.
Liabilities After Termination. The Guarantor must pay to the Lender immediately any part of the Moneys Payable which accrues after revocation or expiration of this Deed if those Moneys Payable relate to obligations incurred by the Borrower to the Lender, or any agreement or transaction between them occurring before the expiration or revocation.
Liabilities After Termination. 25 Article XIII MISCELLANEOUS....................................................................25 Section 13.1. Survival of Representations and Warranties................................25 Section 13.2. Entire Agreement..........................................................26 Section 13.3. Governing Law; Construction...............................................26 Section 13.4. Transfer Taxes............................................................26 Section 13.5. Expenses..................................................................26 Section 13.6. Notices...................................................................26 Section 13.7. Severability..............................................................27 Section 13.8. Binding Effect; No Assignment.............................................27 Section 13.9. Amendments................................................................28 Section 13.10. Counterparts..............................................................28 SCHEDULE OF DISCLOSURES
Liabilities After Termination. 45 ARTICLE XIV. MISCELLANEOUS .......................................... 45
