Common use of Procedure and Effect of No-Default Termination Clause in Contracts

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 9, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (h), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 98.10, written notice thereof shall forthwith be given by the terminating Party party to the other Partyparty, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a8.10(a) through or (d) and 9.1(g) and (hb), the liabilities of the Parties parties hereunder will terminateterminate to each other, except as otherwise expressly provided in this Agreement, and thereafter neither Party the Company nor the Purchasers shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 98.8, written notice thereof shall forthwith be given by the terminating Party party to the other Partyparty, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a8.8 (a) through or (d) and 9.1(g) and (hb), the liabilities of the Parties parties hereunder will terminateterminate to each other, except as otherwise expressly provided in this Agreement, and thereafter neither Party the Company nor the Purchasers shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 98.10, written notice thereof shall forthwith be given by the terminating Party party to the other Partyparty, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a8.10(a) through or (d) and 9.1(g) and (hb), the liabilities of the Parties parties hereunder will terminateterminate to each other, except as otherwise expressly provided in this Agreement, and thereafter neither Party the Company nor the Lenders shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to any of Section 911.1, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (h), whereupon the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other Party by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to any of Section 99.1(a) through (e), written notice thereof shall forthwith be given by the terminating Party party to the other Partyparty, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (h), whereupon the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section this Article 9, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (h), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of ---------------------------------------------- termination of this Agreement by either or both any of the Parties pursuant to Section 99.1, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and through (hi), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 9, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (de) and 9.1(g9.1(h) and (hi), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to this Section 9, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (h), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 99.1, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (h), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 99.1, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (hf), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of ---------------------------------------------- termination of this Agreement by either or both of the Parties pursuant to this Section 9, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (h), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of ---------------------------------------------- termination of this Agreement by either or both of the Parties pursuant to Section 9, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (de) and 9.1(g9.1(h) and (hi), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 9this Article 10, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a10.1(a) through (d) and 9.1(g10.1(g) and through (hj), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this AgreementAgreement (except for recourse against any Party then in breach).

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 98.8, written notice thereof shall forthwith be given by the terminating Party party to the other Partyparty, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a8.8(a) through or (d) and 9.1(g) and (hb), the liabilities of the Parties parties hereunder will terminateterminate to each other, except as otherwise expressly provided in this Agreement, and thereafter neither Party the Borrowers nor the Noteholders shall have any recourse against the other by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties Seller and Buyer pursuant to Section 910.1, written notice thereof shall 118 120 forthwith be given by the terminating Party to the other PartyParties, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a10.1(a) through (d) and 9.1(gor 10.1(g) and through (hj), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party none of the Parties shall have any recourse against the any other Party by reason of this Agreement.

Procedure and Effect of No-Default Termination. In the event of termination of this Agreement by either or both of the Parties pursuant to Section 99.1, written notice thereof shall forthwith be given by the terminating Party to the other Party, whereupon, if this Agreement is terminated pursuant to any of Sections 9.1(a) through (d) and 9.1(g) and (h), the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Agreement, and thereafter neither Party shall have any recourse against the other by reason of this Agreement.