Common use of Mutual Termination or Termination upon Governmental Order Clause in Contracts

Mutual Termination or Termination upon Governmental Order. If this Agreement is terminated as a result of Section 11.1(a) or 11.1(e), this Agreement shall be of no further force and effect and there shall be no further liability hereunder (except the obligations under the Non-Disclosure Agreement and the liability for breach of such obligations) on the part of either party or their respective Affiliates, directors, officers, shareholders, agents or other representatives. Upon such termination, Seller shall within five (5) Business Days deliver to Buyer either (a) the Deposit, together with interest at the Applicable Rate as provided in Section 3.4.1, or (b) the Deposit L/C.

Mutual Termination or Termination upon Governmental Order. If this Agreement is terminated as a result of Section 11.1(a) or 11.1(e), this Agreement shall be of no further force and effect and there shall be no further liability hereunder (except the obligations under the Non-Non- Disclosure Agreement and the liability for breach of such obligations) on the part of either any party or their respective Affiliates, directors, officers, shareholders, agents or other representatives. Upon such termination, Seller Sellers shall within five (5) Business Days deliver to Buyer either (a) the Deposit, together with interest at the Applicable Rate as provided in Section 3.4.1, or (b) the Deposit L/C.

Mutual Termination or Termination upon Governmental Order. If this Agreement is terminated as a result of Section 11.1(a) or 11.1(e), this Agreement shall be of no further force and effect and there shall be no further liability hereunder (except the obligations under the Non-Disclosure Agreement and the liability for breach of such obligations) on the part of either any party or their respective Affiliates, directors, officers, shareholders, agents or other representatives. Upon such termination, Seller Sellers shall within five (5) Business Days deliver to Buyer either (a) the Deposit, together with interest at the Applicable Rate as provided in Section 3.4.1, or (b) the Deposit L/C.