Common use of Liabilities Upon Termination Clause in Contracts

Liabilities Upon Termination. In the event of the termination of this Agreement pursuant to the terms and provisions hereof, neither party hereto shall have any liability hereunder of any nature whatsoever to the other, including, without limitation, any liability for monetary damages; provided, however, that (a) the foregoing shall not preclude liability from attaching to a party who has intentionally breached or violated any of the provisions hereof, and (b) the termination of this Agreement shall not terminate or affect any of the provisions contained in Article VIII hereof or the agreements of the parties hereto with respect to confidentiality contained in Section 2.3 hereof and in the Confidentiality Agreement.

Appears in 3 contracts

Samples: Branch Purchase and Assumption Agreement (Greene County Bancshares Inc), Branch Purchase and Assumption Agreement (Greene County Bancshares Inc), Fulton Division Acquisition Agreement (Hopfed Bancorp Inc)

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Liabilities Upon Termination. In Except as provided in Section 7.4 hereof, in the event of the termination of this Agreement pursuant to the terms and provisions hereof, neither party Party hereto shall have any liability hereunder of any nature whatsoever to the other, including, without limitation, any liability for monetary damages; provided, however, that (a) the foregoing shall not preclude liability from attaching to a party Party who has intentionally breached or violated any of the provisions hereof, and (b) the termination of this Agreement shall not terminate or affect any of the provisions contained in Article VIII IX hereof or the agreements of the parties Parties hereto with respect to confidentiality contained in Section 2.3 hereof and in the Confidentiality Agreement.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (First Mid Illinois Bancshares Inc)

Liabilities Upon Termination. In the event of the termination of this Agreement pursuant to the terms and provisions hereof, neither party hereto shall have any liability hereunder of any nature whatsoever to the other, including, without limitation, including any liability for monetary damages; provided, however, that (a) the foregoing shall not preclude liability from attaching to a party who has intentionally breached or violated any of the terms and provisions hereof, and (b) the termination of this Agreement shall not terminate or affect any the agreements of the provisions parties contained in Article VIII Sections 8.5, 8.9 and 8.16 hereof or the agreements of the parties hereto with respect to confidentiality contained in Section 2.3 hereof and in the Confidentiality Agreement.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Blue River Bancshares Inc)

Liabilities Upon Termination. In the event of the termination of this Agreement pursuant to the terms and provisions hereof, neither party hereto shall have any liability hereunder of any nature whatsoever to the other, including, without limitation, any liability for monetary damages; provided, however, that (ai) the foregoing shall not preclude liability from attaching to a party who has intentionally breached or violated any of the provisions hereof, and (bii) the termination of this Agreement shall not terminate or affect any of the provisions contained in Article VIII hereof or the agreements of the parties hereto with respect to confidentiality contained in Section 2.3 hereof and in the Confidentiality Agreementconfidentiality agreement executed by the parties.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Hopfed Bancorp Inc)

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Liabilities Upon Termination. In the event of the termination of this Agreement pursuant to the terms and provisions hereof, neither party hereto shall have any liability hereunder of any nature whatsoever to the other, including, without limitation, any liability for monetary damages; provided, however, that (a) the foregoing shall not preclude liability from attaching to a party who has intentionally breached or violated any of the provisions hereof, and (b) the termination of this Agreement shall not terminate or affect any of the provisions contained in Article VIII hereof or the agreements of the parties hereto with respect to confidentiality contained in Section 2.3 3.3 hereof and in the Confidentiality Agreement.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (River Valley Bancorp)

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