NO LIABILITY UPON TERMINATION. In the event that this Agreement shall be terminated pursuant to this Article IX, all obligations of the parties under this Agreement (other than under this Section 9.2) shall be terminated without liability or penalty on the part of any party or its officers or directors to any other party, other than as may result from any willful and material breach by a party of this Agreement.
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Samples: Agreement and Plan of Reorganization (Broadcast Com Inc), Agreement and Plan of Reorganization (Broadcast Com Inc)
NO LIABILITY UPON TERMINATION. In the event that this Agreement shall be terminated pursuant to this Article IX, all obligations of the parties under this Agreement (other than under this Section 9.29.2 and Section 10.1) shall be terminated without liability or penalty on the part of any party or its officers officers, directors or directors general or limited partners to any other party, other than as may result from any willful and material breach by a party of this Agreement.
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Samples: Merger Agreement (Simmons Co /Ga/)
NO LIABILITY UPON TERMINATION. In the event that this Agreement shall be terminated pursuant to this Article IX, all obligations of the parties under this Agreement (other than under this Section 9.29.3, Section 6.2, Section 10.5, and Section 10.12) shall be terminated without liability or penalty on the part of any party or its officers officers, directors or directors general or limited partners to any other party, other than as may result from any willful and material breach by a party of this AgreementAgreement and unpaid payment obligations, if any, under Section 9.2.
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