Common use of Procedure Upon Termination and Consequences Clause in Contracts

Procedure Upon Termination and Consequences. Buyer or Sithe, as the case may be, may terminate this Agreement when permitted pursuant to Section 10.1 by delivering written notice of such termination, and such termination shall be effective upon delivery of such notice in accordance with Section 14.3. If this Agreement is terminated as provided herein: 10.2.1 Buyer will deliver all documents, work papers and other materials relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Sellers; and 10.2.2 no party hereto shall have any liability or further obligation to any other party to this Agreement (i) except with respect to the Confidentiality Agreement, which shall survive the termination of this Agreement, including with respect to information that is subject to the Confidentiality Agreement pursuant to Section 6.1, and the confidentiality agreement dated February 8, 2000 between Buyer and Sithe which shall survive the termination of this Agreement, (ii) except for such legal and equitable rights and remedies which any party may have by reason of any breach or violation of this Agreement by any other party prior to such termination and (iii) except pursuant to Section 14.6.

Procedure Upon Termination and Consequences. Buyer Buyer, the Company or Sithethe Principal Sellers, as the case may be, may terminate this Agreement when permitted pursuant to Section 10.1 by delivering written notice of such termination, and such termination shall be effective upon delivery of on the date specified in such notice in accordance with Section 14.313.3. If this Agreement is terminated as provided herein: 10.2.1 Buyer each party will deliver redeliver all documents, work papers and other materials material of any other party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Sellersparties furnishing the same; and 10.2.2 no party hereto shall have any liability or further obligation to any other party to this Agreement (i) except with respect to the Confidentiality Agreement, which shall survive the termination of this Agreement, including with respect to information that is subject to the Confidentiality Agreement pursuant to Section 6.1, and the confidentiality agreement dated February 8, 2000 between Buyer and Sithe which shall survive the termination of this Agreement, (ii) except for such legal and equitable rights and remedies which any party may have by reason of any breach or violation of this Agreement by any other party prior to such termination and (iii) except pursuant to Section 14.6termination.

Procedure Upon Termination and Consequences. Buyer or SitheSeller, as the case may be, may terminate this Agreement when permitted pursuant to Section 10.1 8.1 by delivering written notice of such termination, and such termination shall be effective upon delivery of such notice in accordance with Section 14.310.3. If this Agreement is terminated as provided herein: 10.2.1 Buyer (a) each party will deliver redeliver all documents, work papers and other materials material of any other party relating to the transactions contemplated hereby, whether obtained before or after the execution hereof, to the Sellersparties furnishing the same; and 10.2.2 (b) no party hereto shall have any liability or further obligation to any other party to this Agreement (i) except with respect to the Confidentiality Agreement, which shall survive the termination of this Agreement, including with respect to information that is subject to the Confidentiality Agreement pursuant to Section 6.14.1, and the confidentiality agreement dated February 8, 2000 between Buyer and Sithe which shall survive the termination of this Agreement, (ii) except for such legal and equitable rights and remedies which any party may have by reason of any breach or violation of this Agreement by any other party prior to such termination termination. Notwithstanding the foregoing, if this Agreement is terminated after the occurrence of the First Closing or any Subsequent Closing, the obligations of the parties hereto shall continue in full force and (iii) effect, except for the obligations pursuant to Section 14.67.3(b).