Common use of No Liability for Termination Clause in Contracts

No Liability for Termination. Except as expressly required by law, in the event of termination of this Agreement by either party in accordance with any of the provisions of this Agreement, neither party shall be liable to the other, because of such termination, for compensation, reimbursement or damages on account of the loss of prospective profits or anticipated sales or on account of expenditures, inventory, investments, leases or commitments in connection with the business or goodwill of Sagent KK or Distributor. Termination shall not, however, relieve either party of obligations incurred prior to the termination.

Appears in 1 contract

Samples: Distribution Agreement (Sagent Technology Inc)

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No Liability for Termination. Except as expressly required by law, in the event of termination of this Agreement by either party in accordance with any of the provisions of this Agreement, neither party shall be liable to the other, because of such termination, for compensation, reimbursement or damages on account of the loss of prospective profits or anticipated sales or on account of expenditures, inventory, investments, leases or commitments in connection with the business or goodwill of Sagent KK or Distributor. Termination shall not, however, relieve either party of obligations incurred prior to the termination.

Appears in 1 contract

Samples: Exclusive Distribution Agreement (Sagent Technology Inc)

No Liability for Termination. Except as expressly required by law, in the event of termination of this Agreement by either party Party in accordance with any of the provisions of this Agreement, neither party Party shall be liable to the other, because of such termination, for compensation, reimbursement or damages on account of the loss of prospective profits or anticipated sales or on account of expenditures, inventory, investments, leases or commitments in connection with the business or goodwill of Sagent NetSuite, NetSuite KK or Distributor. Termination shall not, however, relieve either party of obligations incurred prior to the terminationTranscosmos.

Appears in 1 contract

Samples: Development Fund Agreement (Netsuite Inc)

No Liability for Termination. Except as expressly required Neither party will, by law, in the event reason of ---------------------------- termination of this Agreement by either party in accordance with any of the provisions of this Agreement, neither party shall be liable to the other, because other party for compensation or reimbursement of such termination, for compensation, reimbursement or damages on account of the loss of prospective profits or on anticipated sales sales, or on account of expenditures, inventory, investments, leases or commitments in connection with the business or goodwill of Sagent KK the other party, or Distributor. Termination shall not, however, relieve either party of obligations incurred prior to the terminationotherwise.

Appears in 1 contract

Samples: Marketing Agreement (Opentv Corp)

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No Liability for Termination. Except as expressly required by law, in the event of termination of this Agreement by either party Party in accordance with any of the provisions of this Agreement, neither party Party shall be liable to the other, because of such termination, for compensation, reimbursement or damages on account of the loss of prospective profits or anticipated sales or on account of expenditures, inventory, investments, leases or commitments in connection with the business or goodwill of Sagent NetSuite, NetSuite KK or Distributor. Termination shall not, however, relieve either party of obligations incurred prior to the terminationCompany.

Appears in 1 contract

Samples: Development Fund Agreement (Netsuite Inc)

No Liability for Termination. Except as expressly required by law, in the event of termination of this Agreement by either party in accordance with any of the provisions of this Agreement, neither party shall be liable to the other, because of such termination, for compensation, reimbursement or damages on account of the loss of prospective profits or anticipated sales or on account of expenditures, inventory, investments, leases or commitments in connection with the business or goodwill of Sagent KK GEMPLUS or DistributorVAR. Termination shall not, however, relieve either party of obligations incurred prior to the such termination.

Appears in 1 contract

Samples: Value Added Reseller Agreement (Nbo Inc)

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