Common use of Termination and Liabilities Clause in Contracts

Termination and Liabilities. In the event either Party validly elects to terminate this Agreement pursuant to the provisions of this Article VIII or the Agreement expires by its own terms, the liabilities and obligations of the Parties shall cease as of the date of termination, except that each Party shall be responsible for: (a) any payments or other obligations arising or accruing prior to the termination date and (b) any breach arising after termination or expiration with respect to obligations that continue after such expiration or termination. Neither Party shall be liable to the other for any damages resulting from any event of force majeure. The Parties agree that upon such termination, they will mutually work to assure an orderly transition of services.

Appears in 13 contracts

Samples: Professional Services Agreement, Professional Services Agreement (AAC Holdings, Inc.), Professional Services Agreement (AAC Holdings, Inc.)

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