Common use of Termination; Amendments and Waivers; Assignment Clause in Contracts

Termination; Amendments and Waivers; Assignment. (a) This Agreement shall automatically terminate, without any notice or other action by any Party, and be void ab initio upon the valid termination of the BCA pursuant to Article 7 thereof and, upon such termination shall be of no further force and effect, without the creation or imposition of any penalty, liability or obligation upon any Party. Upon termination of this Agreement as provided in the immediately preceding sentence, none of the Parties shall have any further obligations or Liabilities under, or with respect to, this Agreement. Notwithstanding the foregoing or anything to the contrary in this Agreement, the termination of this Agreement pursuant to this Section 6(a) shall not affect any Liability on the part of any Party for a willful breach of any covenant or agreement set forth in this Agreement prior to such termination or Fraud.

Appears in 1 contract

Samples: Transaction Support Agreement (Sports Entertainment Acquisition Corp.)

AutoNDA by SimpleDocs

Termination; Amendments and Waivers; Assignment. (a) 2.1 This Agreement shall automatically terminate, without any notice or other action by any PartyPart, and be void ab initio upon the valid termination of the BCA pursuant to Article 7 Section 12.1 (Termination) thereof and, upon such termination shall be of no further force and effect, without the creation or imposition of any penalty, liability or obligation upon any Party. Upon termination of this Agreement as provided in the immediately preceding sentence, none of the Parties shall have any further obligations or Liabilities under, or with respect to, this Agreement. Notwithstanding the foregoing or anything to the contrary in this Agreement, the termination of this Agreement pursuant to this Section 6(a) 6.1 shall not affect any Liability liability on the part of any Party for a willful breach of any covenant or agreement set forth in this Agreement prior to such termination or Fraudfraud.

Appears in 1 contract

Samples: Support Agreement (Zalatoris II Acquisition Corp)

Termination; Amendments and Waivers; Assignment. (a) 2.1 This Agreement shall automatically terminate, without any notice or other action by any PartyPart, and be void ab initio upon the valid termination of the BCA pursuant to Article 7 Section 10.1 (Termination) thereof and, upon such termination shall be of no further force and effect, without the creation or imposition of any penalty, liability or obligation upon any Party. Upon termination of this Agreement as provided in the immediately preceding sentence, none of the Parties shall have any further obligations or Liabilities under, or with respect to, this Agreement. Notwithstanding the foregoing or anything to the contrary in this Agreement, the termination of this Agreement pursuant to this Section 6(a) 6.1 shall not affect any Liability liability on the part of any Party for a willful breach of any covenant or agreement set forth in this Agreement prior to such termination or Fraudfraud.

Appears in 1 contract

Samples: Support Agreement (Zalatoris Acquisition Corp.)

AutoNDA by SimpleDocs

Termination; Amendments and Waivers; Assignment. (a) 5.1 This Agreement shall automatically terminate, without any notice or other action by any PartyPart, and be void ab initio upon the valid termination of the BCA pursuant to Article 7 Section 10.1 (Termination) thereof and, upon such termination shall be of no further force and effect, without the creation or imposition of any penalty, liability or obligation upon any Party. Upon termination of this Agreement as provided in the immediately preceding sentence, none of the Parties shall have any further obligations or Liabilities under, or with respect to, this Agreement. Notwithstanding the foregoing or anything to the contrary in this Agreement, the termination of this Agreement pursuant to this Section 6(a) 6.1 shall not affect any Liability liability on the part of any Party for a willful breach of any covenant or agreement set forth in this Agreement prior to such termination or Fraudfraud.

Appears in 1 contract

Samples: Exchange and Support Agreement (Catcha Investment Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!