Common use of Status of Agreement after Termination Clause in Contracts

Status of Agreement after Termination. Upon any termination of this Agreement pursuant to Section 10.1, this Agreement shall be void and have no effect, without any liability on the part of any party hereto or any shareholders, directors or officers thereof; provided, however, such termination shall not affect the liability of any party for the breach of any provision of this Agreement.

Appears in 6 contracts

Samples: Asset Purchase Agreement (Fonefriend Inc), Asset Purchase Agreement (Modern Technology Corp), Asset Purchase Agreement (Modern Technology Corp)

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Status of Agreement after Termination. Upon any termination of this Agreement pursuant to Section 10.19.1, this Agreement shall be become void and shall have no effect, without any liability on the part of any party hereto or any shareholders, directors or officers thereof; provided, however, except that (subject to Section 9.4 below) such termination shall not affect the any liability of any party may have for any loss, damage, liability, cost or expense alleged to have been incurred by another as a consequence of the breach of any provision of party's default under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (SFX Entertainment Inc)

Status of Agreement after Termination. Upon any termination of this Agreement pursuant to Section 10.113.1, this Agreement shall be void and have no effect, without any liability on the part of any party hereto or any shareholdersAffiliate, stockholders, directors or officers thereof; provided, however, that such termination shall not affect the liability of relieve any party from liability for the breach of any provision of its representations, warranties, covenants or agreements set forth in this Agreement prior to the date of termination. The provisions of Sections 6.5 and 6.6 shall survive any termination of this Agreement.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Converted Organics Inc.)

Status of Agreement after Termination. Upon any termination of this Agreement pursuant to Section 10.111.1, this Agreement shall be become void and shall have no effect, without any liability on the part of any party hereto or any shareholders, directors or officers thereof; provided, however, except that such termination shall not affect the any liability of any either party may have for the breach of any provision of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Kings Road Entertainment Inc)

Status of Agreement after Termination. Upon any termination of this Agreement pursuant to Section 10.1termination, this Agreement shall be void and have no effect, without any liability on the part of any party hereto or any their shareholders, directors directors, officers, employees or officers thereof; providedadvisors, however, such except that termination shall not affect the liability of any party for the breach of any provision of this Agreement.

Appears in 1 contract

Samples: Medical Technology & Innovations Inc /Fl/

Status of Agreement after Termination. Upon any termination ------------------------------------- of this Agreement pursuant to Section 10.1, this Agreement shall be void and have no effect, without any liability on the part of any party hereto or any shareholders, directors or officers thereof; provided, however, such termination shall not affect the liability of any party for the breach of any provision of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pierce Leahy Corp)

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Status of Agreement after Termination. Upon any termination of this Agreement pursuant to Section 10.1, this Agreement shall be null and void and have no effect, without any liability on the part of any party hereto or any shareholders, directors or officers thereof; provided, however, such termination shall not affect the liability of any party for the breach of any provision of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Smartpay Express, Inc.)

Status of Agreement after Termination. Upon any termination of this Agreement pursuant to Section 10.19.1, this Agreement shall be become void and shall have no effect, without any liability on the part of any party hereto or any shareholders, directors or officers thereof; provided, however, except that such termination shall not affect the any liability of any party may have for any loss, damage, liability, cost or expense alleged to have been incurred by another as a consequence of the breach of any provision of party's default under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fuqua Enterprises Inc)

Status of Agreement after Termination. Upon any termination of this ------------------------------------- Agreement pursuant to Section 10.1, this Agreement shall be become void and shall have no effect, without any liability on the part of any party hereto or any shareholders, directors or officers thereof; provided, however, except that such termination shall not affect the any liability of any either party may have for the breach of any provision of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Quadrax Corp)

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