Common use of No Liability for Proper Termination Clause in Contracts

No Liability for Proper Termination. Any termination of this ----------------------------------- Agreement in accordance with this Section 10 will be without further obligation or liability upon any party in favor of the other party hereto or to its stockholders, directors or officers, other than the obligations provided in the Confidentiality Agreement; provided, however, that nothing herein will limit the -------- ------- obligation of Enterprise, the Enterprise Shareholder and NetSelect for any willful breach hereof or failure to use their best efforts to cause the Exchange to be consummated, as set forth in Sections 5.9 and 6.1(c) hereof, respectively. In the event of the termination of this Agreement pursuant to this Section 10, this Agreement shall thereafter become void and have no effect and each party shall be responsible for its own expenses incurred in connection herewith.

Appears in 1 contract

Samples: Exchange Agreement (Homestore Com Inc)

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No Liability for Proper Termination. Any termination of this ----------------------------------- Agreement in accordance with this Section 10 will be without further obligation or liability upon any party in favor of the other party hereto or to its stockholders, directors or officers, other than the obligations provided in the Confidentiality Agreement; provided, however, that nothing herein will limit the -------- ------- obligation of Enterprise, the Enterprise Shareholder Purelink Shareholders and NetSelect Gateway for any willful breach hereof or failure to use their best efforts to cause the Exchange to be consummated, as set forth in Sections 5.9 and 6.1(c) 6.3 hereof, respectively. In the event of the termination of this Agreement pursuant to this Section 10, this Agreement shall thereafter become void and have no effect and each party shall be responsible for its own expenses incurred in connection herewith.

Appears in 1 contract

Samples: Exchange Agreement (Gateway Access Solutions Inc)

No Liability for Proper Termination. Any Except as expressly provided in Section 10.1.6, any termination of this ----------------------------------- Agreement in accordance with this Section 10 will be without further obligation or liability upon any party in favor of the other party hereto or to its stockholders, directors or officers, other than the obligations provided in the Confidentiality Agreement; provided, however, that nothing herein will limit the -------- ------- obligation of EnterpriseZedcor, the Enterprise Shareholder Zedcor Shareholders and NetSelect IMSI for any willful breach hereof or failure to use their best efforts to cause the Exchange to be consummated, as set forth in Sections 5.9 and 6.1(c) 6.3 hereof, respectively. In the event of the termination of this Agreement pursuant to this Section 10, this Agreement shall thereafter become void and have no effect and each party shall be responsible for its own expenses incurred in connection herewith.

Appears in 1 contract

Samples: Exchange Agreement (International Microcomputer Software Inc /Ca/)

No Liability for Proper Termination. Any termination of this ----------------------------------- Agreement in accordance with this Section 10 will be without further obligation or liability upon any party in favor of the other party hereto or to its stockholders, directors or officers, other than the obligations provided in the Confidentiality Agreement; provided, however, that nothing herein will limit the -------- ------- obligation of EnterpriseMSS, the Enterprise Shareholder and Shareholders, NetSelect or NNH for any willful breach hereof or failure to use their best efforts to cause the Exchange Merger to be consummated, as set forth in Sections 5.9 and 6.1(c) hereof, respectively. In the event of the termination of this Agreement pursuant to this Section 10, this Agreement shall thereafter become void and have no effect and each party shall be responsible for its own expenses incurred in connection herewith.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Homestore Com Inc)

No Liability for Proper Termination. Any termination of this ----------------------------------- Agreement in accordance with this Section 10 will be without further obligation or liability upon any party in favor of the other party hereto or to its stockholders, directors or officers, other than the obligations provided in the Confidentiality Agreement; provided, however, that nothing herein will limit the -------- ------- obligation of EnterpriseRetek, the Enterprise Shareholder Retek Shareholders and NetSelect HNC for any willful breach hereof or failure to use their best efforts to cause the Exchange to be consummated, as set forth in Sections 5.9 and 6.1(c) 6.3 hereof, respectively. In the event of the termination of this Agreement pursuant to this Section 10, this Agreement shall thereafter become void and have no effect and each party shall be responsible for its own expenses incurred in connection herewith.

Appears in 1 contract

Samples: Exchange Agreement (HNC Software Inc/De)

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No Liability for Proper Termination. Any termination of this ----------------------------------- Agreement in accordance with this Section 10 will be without further obligation or liability upon any party in favor of the other party hereto or to its stockholders, directors or officers, other than the obligations provided in the Confidentiality Agreement; provided, however, that nothing herein will limit the -------- ------- obligation of EnterpriseMP, the Enterprise Shareholder MP Shareholders and NetSelect IMSI for any willful breach hereof or failure to use their best efforts to cause the Exchange to be consummated, as set forth in Sections 5.9 and 6.1(c) 6.3 hereof, respectively. In the event of the termination of this Agreement pursuant to this Section 10, this Agreement shall thereafter become void and have no effect and each party shall be responsible for its own expenses incurred in connection herewith.

Appears in 1 contract

Samples: Exchange Agreement (International Microcomputer Software Inc /Ca/)

No Liability for Proper Termination. Any termination of ------------------------------------ this ----------------------------------- Agreement in accordance with this Section 10 will be without further obligation or liability upon any party in favor of the other party hereto or to its stockholders, directors or officers, other than the obligations provided in the Confidentiality Agreement; provided, however, that nothing herein will limit the -------- ------- the obligation of Enterprise, the Enterprise THAWTE Shareholder and NetSelect VeriSign for any willful breach hereof or failure to use their best efforts to cause the Exchange to be consummated, as set forth in Sections 5.9 and 6.1(c) 6.3 hereof, respectively. In the event of the termination of this Agreement pursuant to this Section 10, this Agreement shall thereafter become void and have no effect and each party shall be responsible for its own expenses incurred in connection herewith.

Appears in 1 contract

Samples: Exchange Agreement (Verisign Inc/Ca)

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