Common use of Liabilities After Termination Clause in Contracts

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b), no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no such termination shall relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such termination.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Kevco Inc), Securities Purchase Agreement (Kevco Partners Investment Trust)

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Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)12.1 hereof, no party hereto shall thereafter have any further liability or obligation hereunder; providedhereunder other than the Purchaser's obligations pursuant to Section 6.2 hereof, however, that but no such termination shall relieve any party hereto of any liability to the other parties hereto for any intentional breach of this Agreement prior to the date of such termination.

Appears in 2 contracts

Samples: Acquisition Agreement (Ryan Patrick L Trust 1998), Acquisition Agreement (Be Aerospace Inc)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)13.1, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no such termination shall not relieve any party hereto of any liability for any intentional knowing and willful breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Stock Purchase Agreement (3055854 Nova Scotia Co)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)12.1 above, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no such termination shall relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such terminationtermination and provided, further, that Seller shall remain bound by Section 5.3 above, Buyer shall remain bound by Section 6.2 above, and each of Seller and Buyer shall remain bound by Section 13.5 below.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hollywood Com Inc)

Liabilities After Termination. (a) Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)11.1, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no that, subject to clauses (b) and (c) below, such termination shall not relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cintas Corp)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)13.1, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that but no such termination shall relieve any either party hereto of any liability to the other party hereto for any intentional breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cypros Pharmaceutical Corp)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)12.1 above, no party hereto shall thereafter have any further liability or obligation hereunder; providedPROVIDED, howeverHOWEVER, that no such termination shall relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such terminationtermination and PROVIDED, FURTHER, that Seller shall remain bound by Section 5.5 above, Buyer shall remain bound by Section 6.2 above, and each of Seller and Buyer shall remain bound by Section 13.5 below.

Appears in 1 contract

Samples: Asset Purchase Agreement (Big Entertainment Inc)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)15.1 above, no party hereto shall thereafter have any further liability or obligation hereunder; providedhereunder other than the Purchaser's obligations pursuant to Section 8.2 hereof, however, that but no such termination shall relieve any either party hereto of any liability to the other party hereto for any intentional breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imo Industries Inc)

Liabilities After Termination. Upon any termination of ----------------------------- this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)13.1 hereof, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that but no such termination shall relieve any either party hereto of any liability to the other party hereto for any intentional breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Asset Purchase Agreement (Heartland Technology Inc)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)13.1, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no such termination shall relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kevco Inc)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)12.1 above, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no such termination shall relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such terminationtermination and provided, further, that Seller shall remain bound by Section 5.4 above and each of Seller and Buyer shall remain bound by Section 13.5 below.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hollywood Media Corp)

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Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)12.1 above, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no such termination shall relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such terminationtermination and provided, further, that Seller shall remain bound by Section 5.5 above, Buyer shall remain bound by Section 6.2 above, and each of Seller and Buyer shall remain bound by Section 13.5 below.

Appears in 1 contract

Samples: Asset Purchase Agreement (Big Entertainment Inc)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)13.1 above, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no such termination shall relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such terminationtermination and provided, further, that FMS shall remain bound by Section 5.4 above and the parties shall remain bound by Section 14.5 below.

Appears in 1 contract

Samples: Transfer and Shareholders Agreement (Hollywood Media Corp)

Liabilities After Termination. Upon any termination of this ----------------------------- Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)this Article X, no party hereto shall thereafter have any further liability or obligation hereunder; providedhereunder other than as set forth in Articles VII and VIII, however, that but no such termination shall relieve any either party hereto of any liability to the other party hereto for any intentional breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Chattem Inc)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)13.1 above, no party hereto shall thereafter have any further liability or obligation hereunder; providedhereunder other than the Purchaser's obligations pursuant to Section 7.2 hereof, however, that but no such termination shall relieve any either party hereto of any liability to the other party hereto for any intentional breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Asset Sale Agreement (Bremen Bearings Inc)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)14.1 above, no party hereto shall thereafter have any further liability or obligation hereunder; providedhereunder other than the Purchasers' obligations pursuant to Section 7.2 hereof, however, that but no such termination shall relieve any either party hereto of any liability to the other party hereto for any intentional breach of this Agreement prior to the date of such terminationtermination and each party hereto shall have all rights at law or in equity, against the other based upon such breach, including, without limitation, the right to seek specific performance.

Appears in 1 contract

Samples: Asset Sale Agreement (Fuqua Enterprises Inc)

Liabilities After Termination. Upon any termination of this Agreement pursuant to Section 12.1, except as provided in Section 13.4(b)) hereof, no party hereto shall thereafter have any further liability or obligation hereunder; provided, however, that no such termination shall relieve any party hereto of any liability for any intentional breach of this Agreement prior to the date of such termination.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kevco Inc)

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