Common use of Survival of Obligations, Rights and Remedies Clause in Contracts

Survival of Obligations, Rights and Remedies. In addition to the survival of specific clauses as set forth in the terms of this Agreement, the obligations and remedies of the parties as specified in the provisions described below shall survive termination of this Agreement as follows: 1. in the case of termination of this Agreement by reason of the Conversion Date having occurred, the obligations and remedies of the parties set forth in Sections II.B., II.C., II.F., II.G., II.I., II.J., II.K., II.L., III.B., III.C.2., and III.C.3., and Articles V, VI, VII, VIII, IX and XI of this Agreement; 2. in the case of termination of this Agreement after Closing and prior to Conversion having occurred, the obligations and remedies of the parties set forth in Sections II.I.5., II.J, II.K., XI.C., XI.H., and XI.J., and Articles V., VI., VII., VIII. and IX of this Agreement; and 3. in the case of termination of this Agreement prior to Closing, the obligations and remedies of the parties set forth in Section XI.C., XI.H., and XI.J., and Articles V., VI., VII., VIII. and IX. of this Agreement. All rights and obligations of either party which may have arisen or accrued prior to termination shall survive termination of the Agreement.

Appears in 3 contracts

Samples: Credit Card Account Purchase Agreement (Columbia Bancorp \Or\), Credit Card Account Purchase Agreement (Park National Corp /Oh/), Credit Card Account Purchase Agreement (Bar Harbor Bankshares)

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Survival of Obligations, Rights and Remedies. In addition to the survival of specific clauses as set forth in the terms of this Agreement, the obligations and remedies of the parties as specified in the provisions described below shall survive termination of this Agreement as follows: 1. in the case of termination of this Agreement by reason of the Conversion Date having occurred, the obligations and remedies of the parties set forth in Sections II.B., II.C., II.D., II.F., II.G., II.I., II.J., II.K., II.L., III.B., III.C.2., and III.C.3., and Articles V, VI, VII, VIII, IX and XI of this Agreement; 2. in the case of termination of this Agreement after Closing and prior to Conversion having occurred, the obligations and remedies of the parties set forth in Sections II.I.5., II.J, II.K., XI.C., XI.H., and XI.J., and Articles V., VI., VII., VIII. and IX of this Agreement; and 3. in the case of termination of this Agreement prior to Closing, the obligations and remedies of the parties set forth in Section XI.C., XI.H., and XI.J., and Articles V., VI., VII., VIII. and IX. of this Agreement. All rights and obligations of either party which may have arisen or accrued prior to termination shall survive termination of the Agreement.

Appears in 1 contract

Samples: Credit Card Account Purchase Agreement (Fulton Financial Corp)

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