Common use of Survival of Obligations after Termination Clause in Contracts

Survival of Obligations after Termination. Any termination of this Agreement under Section 10.1 or 10.2 shall be without liability of any nature whatsoever (including, but not limited to, loss of anticipated profits or consequential damages) on the part of either party hereto, except that the Company shall remain obligated to pay the costs and expenses provided to be paid by it specified in Section 6.7 (subject to the limitation which entitles the Representative to return or be paid only the accountable out-of-pocket expenses described therein); and the Company and the Representative shall be obligated to pay, respectively, all losses, claims, demands, liabilities and expenses under Section 7.

Appears in 2 contracts

Samples: Underwriting Agreement (Nhancement Technologies Inc), Underwriting Agreement (Nhancement Technologies Inc)

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Survival of Obligations after Termination. Any termination of this Agreement under Section 10.1 9.1 or 10.2 Section 9.2 hereof shall be without liability of any nature whatsoever (including, but not limited to, loss of anticipated profits or consequential damages) on the part of either party hereto, except that the Company shall remain obligated to pay the costs and expenses provided to be paid by it specified in Section 6.7 5.7 (subject to the limitation which entitles the Representative to return or be paid only the accountable out-of-pocket expenses described therein); and the Company and the Representative shall be obligated to pay, respectively, all losses, claims, demands, liabilities and expenses under Section 7.6. 50

Appears in 1 contract

Samples: Underwriting Agreement (Prima Group International Inc)

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Survival of Obligations after Termination. Any termination of this Agreement under Section 10.1 or Section 10.2 hereof shall be without liability of any nature whatsoever (including, but not limited to, loss of anticipated profits or consequential damages) on the part of either party hereto, except that the Company shall remain obligated to pay the costs and expenses provided to be paid by it specified in Section 6.7 (subject to the limitation which entitles the Representative to return or be paid only the accountable out-of-pocket expenses described therein); and the Company and the Representative shall be obligated to pay, respectively, all losses, claims, demands, liabilities and expenses under Section 7.

Appears in 1 contract

Samples: Underwriting Agreement (Prima Group International Inc)

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