Obligations in Event of Termination. In the event of any termination of the Agreement as provided in Section 7.1, this Agreement shall forthwith become wholly null and void and of no further force and effect and there shall be no liability on the part of Buyer or Seller, except that the obligations of the parties under Section 4.1 with respect to confidentiality and Section 9.2 and this Section 7.2 shall remain in full force and effect, and except that termination shall not preclude any party from suing the other party for breach of this Agreement.
Appears in 3 contracts
Samples: Purchase Agreement (Eg&g Inc), Purchase Agreement (Eg&g Inc), Purchase Agreement (Pe Corp)
Obligations in Event of Termination. (a) In the event of any termination of the this Agreement as provided in Section 7.1, this Agreement shall forthwith become wholly null and void and of no further force and effect (except with respect to Section 5.6, this Section 7.2 and Article VIII, which shall remain in full force and effect) and there shall be no liability on the part of Buyer the Company, GPAA or SellerParent; PROVIDED, except that the obligations of the parties under Section 4.1 with respect to confidentiality and Section 9.2 and this Section 7.2 shall remain in full force and effectHOWEVER, and except that termination shall not preclude any party from suing the other party for for, or relieve any party hereto from any liability arising from, a breach of this Agreement.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Outdoor Channel Holdings Inc), Agreement and Plan of Merger (Outdoor Channel Holdings Inc)
