Liability for Termination. Any termination of this Agreement pursuant to this Section 8 shall be without further obligation or liability upon any party in favor of any other party hereto; provided, that if such termination shall result from the willful failure of a party to carry out its obligations under this Agreement, then such party shall be liable for losses incurred by the other parties as set forth in Section 8.5. The provisions of this Section 8.2 shall survive termination.
Appears in 3 contracts
Samples: Merger Agreement (Pacific Engineering Systems Inc), Merger Agreement (GTC Telecom Corp), Merger Agreement (Industrial Rubber Innovations Inc)
Liability for Termination. Any termination of this Agreement pursuant to this Section 8 11 shall be without further obligation or liability upon any party in favor of any other party hereto; provided, that if such termination shall result from the willful failure of a party to carry out its obligations under this Agreement, then such party shall be liable for losses incurred by the other parties as set forth in Section 8.5parties. The provisions of this Section 8.2 11.2 shall survive termination.
Appears in 2 contracts
Samples: Merger Agreement (2themart Com Inc), Purchase Agreement (Network General Corporation)
Liability for Termination. Any termination of this Agreement ------------------------- pursuant to this Section 8 11 shall be without further obligation or liability upon any party in favor of any other party hereto; provided, that if such termination shall result from fraud or the willful failure of a party to carry out its obligations under this Agreement, then such party shall be liable for losses incurred by the other parties as set forth in Section 8.5parties. The provisions of this Section 8.2 11.2 shall survive termination.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Netsource Communications Inc), Merger Agreement (Netsource Communications Inc)
Liability for Termination. Any termination of this Agreement pursuant to this Section 8 5 shall be without further obligation or liability upon any party in favor of any other party hereto; provided, that if such termination shall result from the willful failure of a party to carry out its obligations under this Agreement, then such party shall be liable for losses incurred by the other parties as set forth in Section 8.55.5. The provisions of this Section 8.2 5.2 shall survive termination.
Appears in 2 contracts
Samples: Merger Agreement (Global Business Information Directory Inc), Reorganization Agreement (2themart Com Inc)
Liability for Termination. Any termination of this Agreement pursuant --------------------------- to this Section 8 10 shall be without further obligation or liability upon any party in favor of any other party hereto; provided, that if such termination shall result from the willful failure of a party to carry out our its obligations under this Agreement, then such party parry shall be liable for losses incurred by the other parties as set forth in Section 8.510.4. The provisions of this Section 8.2 10.2 shall survive termination.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Go Online Networks Corp)
Liability for Termination. Any termination of this Agreement pursuant to this Section 8 10 shall be without further obligation or liability upon any party in favor of any other party hereto; provided, that if such termination shall result from the willful failure of a party to carry out its obligations under this Agreement, then such party shall be liable for losses incurred by the other parties as set forth in Section 8.510.5. The provisions of this Section 8.2 10.2 shall survive termination.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Go Online Networks Corp)
Liability for Termination. Any termination of this Agreement ------------------------- pursuant to this Section 8 10 shall be without further obligation or liability upon any party in favor of any other party hereto; provided, that if such termination shall result from the willful failure of a party to carry out its obligations under this Agreement, then such party shall be liable for losses incurred by the other parties as set forth in Section 8.510.5. The provisions of this Section 8.2 10.2 shall survive termination.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Netsource Communications Inc)
Liability for Termination. Any termination of this Agreement ------------------------- pursuant to this Section 8 10 shall be without further obligation or liability upon any party in favor of any other party hereto; provided, that if such termination shall result from the willful failure of a party to carry out its obligations under this Agreement, then such party shall be liable for losses incurred by the other parties as set forth in Section 8.5parties. The provisions of this Section 8.2 10.2 shall survive termination.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Visigenic Software Inc)
