Common use of No Right of Contribution Clause in Contracts

No Right of Contribution. After the Closing, the Companies shall ------------------------ have no liability to indemnify either Buyer or Sellers on account of a misrepresentation or the breach of any warranty or the nonfulfillment of any covenant or agreement of Sellers or any of the Companies; and Sellers shall have no right of contribution against any of the Companies. In addition to any other remedy which may be available at law or in equity, Buyer or any of the Companies shall be entitled to specific performance and injunctive relief, without posting bond or other security.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Coinmach Laundry Corp), Stock Purchase Agreement (Coinmach Corp)

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No Right of Contribution. After the Closing, the Companies Company shall ------------------------ have no liability to indemnify either Buyer or Sellers on account of a misrepresentation or the breach of any warranty or the nonfulfillment of any covenant or agreement of Sellers or any of the CompaniesCompany; and Sellers shall have no right of contribution against any of the CompaniesCompany. In addition to any other remedy which may be available at law or in equity, Buyer or any of the Companies Company shall be entitled to specific performance and injunctive relief, without posting bond or other security.

Appears in 1 contract

Samples: Stock Purchase Agreement (Golden State Vintners Inc)

No Right of Contribution. After the Closing, the Companies Company shall ------------------------ have no liability to indemnify either Buyer or Sellers the Shareholders on account of a misrepresentation or the breach of any representation or warranty or the nonfulfillment of any covenant or agreement of Sellers or any of the CompaniesCompany contained in this Agreement; and Sellers the Shareholders shall have no right of contribution against any of the Companies. In addition to any other remedy which may be available at law or in equity, Buyer or any of the Companies shall be entitled to specific performance and injunctive relief, without posting bond or other securityCompany with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Collins & Aikman Floor Coverings Inc)

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No Right of Contribution. After the Closing, the Companies Company shall ------------------------ have no liability to indemnify either Buyer or Sellers on account of a misrepresentation or the breach of any representation or warranty or the nonfulfillment of any covenant or agreement of Sellers or any of the CompaniesCompany; and Sellers shall have no right of contribution against any of the CompaniesCompany. In addition to any other remedy which may be available at law or in equity, Buyer or any of the Companies Company shall be entitled to specific performance and injunctive relief, without posting bond or other security.

Appears in 1 contract

Samples: Partnership Purchase Agreement (Prodigy Communications Inc)

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