Common use of Manner and Effect of Termination Clause in Contracts

Manner and Effect of Termination. (a) Termination shall be effected by the giving of written notice to that effect by the party seeking termination. If this Agreement is validly terminated and the transactions contemplated hereby are not consummated, this Agreement shall become null and void and of no further force and effect and no party shall be obligated to the others hereunder; provided, however, that -------- ------- termination shall not affect: (i) the rights and remedies available to a party as a result of the Breach by the other party or parties hereunder, (ii) the provisions of Sections 9.1, 9.8, and 9.11 hereof, or (iii) the obligations of --------------------------- the Company pursuant to Section 8.3 below. -----------

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Emachines Inc /De/), Agreement and Plan of Merger (Hui Lap Shun)

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Manner and Effect of Termination. (a) Termination shall be effected by the giving of written notice to that effect by the party Party seeking termination. If this Agreement is validly terminated and the transactions contemplated hereby are not consummated, this Agreement shall become null and void and of no further force and effect and no party shall be obligated to the others hereunder; provided, however, that -------- ------- termination shall not affect: (i) the rights and remedies available to a party as a result of the Breach willful breach by the other party or parties hereunder, (ii) the provisions of Sections 9.1, 9.8, and 9.11 hereof, or (iii) the obligations of --------------------------- the Company pursuant to Section 8.3 below. -----------7.3 below or (iii) obligations under Sections 5.3 (with respect to confidentiality).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Halifax Corp of Virginia), Agreement and Plan of Merger (Proxicom, Inc.)

Manner and Effect of Termination. (a) Termination shall be effected by the giving of written notice to that effect by the party Party seeking termination. If this Agreement is validly terminated and the transactions contemplated hereby are not consummated, this Agreement shall become null and void and of no further force and effect and no party shall be obligated to the others hereunder; provided, however, that -------- ------- termination shall not affect: (i) the rights and remedies available to a party as a result of the Breach by the other party or parties hereunder, (ii) the provisions of Sections 9.15.9, 9.88.1, 8.8, and 9.11 8.11 hereof, or (iii) the obligations of --------------------------- the Company pursuant to Section 8.3 7.3 below. -----------.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Resonate Inc)

Manner and Effect of Termination. (a) Termination shall be effected by the giving of written notice to that effect by the party Party seeking termination. If this Agreement is validly terminated and the transactions contemplated hereby are not consummated, this Agreement shall become null and void and of no further force and effect and no party shall be obligated to the others hereunder; provided, however, that -------- ------- termination shall not affect: (i) the rights and remedies available to a party as a result of the Breach willful breach by the other party or parties hereunder, or (ii) the provisions of Sections 9.1, 9.8, and 9.11 hereof, or (iii) the obligations of --------------------------- the Company and Parent, if any, pursuant to Section 8.3 7.3 below. -----------.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Comverge, Inc.)

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Manner and Effect of Termination. (a) Termination shall be effected by the giving of written notice to that effect by the party Party seeking termination. If this Agreement is validly terminated and the transactions contemplated hereby are not consummated, this Agreement shall become null and void and of no further force and effect and no party shall be obligated to the others hereunder; provided, however, that -------- ------- termination shall not affect: (i) the rights and remedies available to a party as a result of the Breach by the other party or parties hereunder, (ii) the provisions of Sections 9.15.9 8.1, 9.88.8, and 9.11 8.11 hereof, or (iii) the obligations of --------------------------- the Company pursuant to Section 8.3 7.3 below. -----------.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Resonate Inc)

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