Procedure; Effect of Termination Sample Clauses

Procedure; Effect of Termination. If this Agreement is validly terminated as provided in Section 9.1, written notice thereof shall forthwith be given by the terminating party to the other party, and this Agreement shall thereupon terminate and become void and of no further force and effect and there shall be no further liability or obligation on the part of either party hereto (or any of their respective representatives or affiliates) except the obligations under Sections 5.7 and 5.9 and this Section 9.2 will continue to apply following any such termination; provided that termination of this Agreement by Buyer or the Company pursuant to Section 9.1 shall not relieve the defaulting or breaching party (the "Breaching Party"), whether or not it is the terminating party, of liability for damages actually incurred by the other party as a result of breach of this Agreement by the Breaching Party.
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Procedure; Effect of Termination. (a) In the event that (i) this Agreement automatically terminates or (ii) a Party having the right to terminate this Agreement desires to terminate this Agreement and gives the other Party written notice of termination specifying the basis for such termination, this Agreement will terminate and the transactions contemplated hereby will be abandoned, without further action by either Party, whereupon the liabilities of the Parties hereunder will terminate, except as otherwise expressly provided in this Section 7.2.
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Procedure; Effect of Termination. If either QL 3000 or GMHC elects to terminate this Agreement pursuant to this Article 7, the terminating party will promptly give written notice thereof to the other party. In the event of termination pursuant to this Article 7, the parties will be released from all liabilities and obligations under this Agreement, other than the obligations under Section 5.8 and except that nothing herein shall relieve any party from liability for damages to the extent arising from a breach of this Agreement before termination.
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Procedure; Effect of Termination. If either Buyer or Seller elects to terminate this Agreement pursuant to this Article 11, the terminating party shall promptly give written notice thereof to the other party. In the event of termination pursuant to this Article 11, the parties shall be released from all liabilities and obligations under this Agreement, other than for damages to the extent arising from a breach of this Agreement and the confidentiality obligations imposed by Article 10.
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Procedure; Effect of Termination. In the event of termination of this Agreement pursuant to Section 7.1, written notice thereof shall forthwith be given to the other parties and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned, without further action by C-TEC, RCN or Holdings. If this Agreement is terminated as provided herein, no party to this Agreement shall have any liability or further obligation to any other party to this Agreement except as provided in Section 9.3 hereof; provided, however, that no termination of this Agreement pursuant to this Article VII shall relieve any party of liability for a breach of any provision of this Agreement occurring before such termination.
Sample 1
Procedure; Effect of Termination. In the event of termination of this Agreement pursuant to Section 13.01, written notice thereof shall forthwith be given to the other party and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned, without further action by Seller or Buyer. This Agreement may be terminated as to the transactions relating to the UrbanNet Business, the transactions relating to the CIT Businesses, or both. If the Agreement is terminated as to only one of the two sets of transactions, the provisions of this Agreement not relating specifically to that set of transactions shall continue in full force and effect unless otherwise subsequently terminated in accordance herewith. If this Agreement is terminated as provided herein, no party to this Agreement shall have any liability or further obligation to any other party to this Agreement except as provided in Sections 6.01 and 14.02 hereof; provided, however, that no termination of this Agreement pursuant to this Article XIII shall relieve any party of liability for a willful breach of any provision of this Agreement occurring before such termination.
Sample 1
Procedure; Effect of Termination. If either PCC or E/One elects to terminate this Agreement pursuant to this Article 8, the terminating party will promptly give written notice thereof to the other party. In the event of termination pursuant to this Article 8, the parties will be released from all liabilities and obligations under this Agreement, other than the obligations under Section 6.8 and Section 8.5 and except that nothing herein shall relieve any party from liability for damages to the extent arising from a breach of this Agreement before termination. The Confidentiality Agreement dated November 25, 1997 between E/One and PCC (the Confidentiality Agreement) is and will remain until the Effective Time in full force and effect and will survive any termination of this Agreement.
Sample 1
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Related to Procedure; Effect of Termination

  • Effect of Termination Upon any expiration of the Term or termination of this Agreement, the obligations and rights of the parties hereto shall cease, provided that such expiration or termination of this Agreement shall not relieve the parties of any obligation or breach of this Agreement accruing prior to such expiration or termination, including, without limitation, all accrued payment obligations arising under Article 6. In addition, Article 5, Article 7, Section 2.12, Section 4.5, and this Section 4.6 shall survive the expiration or termination of this Agreement. For the avoidance of doubt, the rights of Registry Operator to operate the registry for the TLD shall immediately cease upon any expiration of the Term or termination of this Agreement.

  • Termination Effect of Termination 33 9.1 TERMINATION.................................................33 9.2

  • Effect of Termination of Agreement Upon the Termination Date or the Expiration Date, as applicable, any amounts then owing by a Party to the other Party shall become immediately due and payable and the then future obligations of Customer and Provider under this Agreement shall be terminated (other than the indemnity obligations set forth in Section 13). Such termination shall not relieve either Party from obligations accrued prior to the effective date of termination or expiration.

  • Termination and Effect of Termination This Agreement shall terminate upon the date on which no Holder holds any Registrable Securities, except for the provisions of Sections 3.9 and 3.10, which shall survive any such termination. No termination under this Agreement shall relieve any Person of liability for breach or Registration Expenses incurred prior to termination. In the event this Agreement is terminated, each Person entitled to indemnification rights pursuant to Section 3.9 hereof shall retain such indemnification rights with respect to any matter that (i) may be an indemnified liability thereunder and (ii) occurred prior to such termination.

  • Notice of Termination; Effect of Termination Any proper termination of this Agreement under Section 7.1 will be effective immediately upon the delivery of written notice of the terminating party to the other parties hereto. In the event of the termination of this Agreement as provided in Section 7.1, this Agreement shall be of no further force or effect, except (i) as set forth in this Section 7.2, Section 7.3 and Article 8, each of which shall survive the termination of this Agreement, and (ii) nothing herein shall relieve any party from liability for any willful breach of this Agreement. No termination of this Agreement shall affect the obligations of the parties contained in the Confidentiality Agreement, all of which obligations shall survive termination of this Agreement in accordance with their terms.

  • Effect of Termination for Cause If Employee's employment is terminated "For Cause":

  • Procedure and Effect of Termination In the event of termination and abandonment of the transactions contemplated hereby pursuant to Section 9.1, written notice thereof shall forthwith be given to the other parties to this Agreement and this Agreement shall terminate and the transactions contemplated hereby shall be abandoned, without further action by any of the parties hereto. If this Agreement is terminated as provided herein:

  • Effect of Termination and Abandonment Upon the termination of this Agreement and abandonment of the Merger pursuant to Section 8.1 or 8.2 hereof, this Agreement shall become void and have no effect, and no party shall have any liability to the other in connection with the transactions contemplated hereby, including the Merger, or as a result of the termination of this Agreement; provided, that the foregoing shall not relieve a party of any liability as a result of a breach of any of the terms of this Agreement.

  • Effect of Termination; Survival If the Service Agreement is terminated, the Provider shall destroy all of LEA’s Student Data pursuant to Article IV, section 6.

  • Effect of Termination of Service Except as otherwise provided in accordance with Section 4(b) above, if you cease to be a Service Provider, you will forfeit all unvested Units.

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