Termination and Mutual Release. Upon execution of this Amendment by the undersigned Non-Apollo/Blackstone Shareholders, the undersigned Non-Apollo/Blackstone Shareholders agree to terminate their respective rights and obligations under this Agreement, which will be of no further force and effect in all respects with respect to such undersigned Non-Apollo/Blackstone Shareholders, and the undersigned Non-Apollo/Blackstone Shareholders hereby release the Company and the other Shareholders of their respective obligations under this Agreement and the Company and the Apollo/Blackstone Shareholders hereby release the undersigned Non-Apollo/Blackstone Shareholders of their respective obligations under this Agreement (except that the requirement to hold in confidence non-public information furnished to Non-Apollo/Blackstone Shareholders under Section 3.4 of the Agreement shall remain in effect with respect to information furnished prior to the effectiveness of this Agreement).
Termination and Mutual Release. Upon full payment and satisfaction of the Notes and the obligations contained in this Agreement and the other Loan Documents and after the expiration date of all Letters of Credit issued hereunder, this Agreement, except for any obligations under Sections 3.8, 8.17, 8.18, 11.14 and 11.19, shall terminate and the parties shall, thereupon automatically each be fully, finally, and forever released and discharged from any further claim, liability, or obligation in connection with the Loan.
Termination and Mutual Release. Effective immediately upon Lender’s receipt of both of the following (the “Termination Date”): (i) the Shares; and (ii) the full Payoff Amount, then (A) the Share Reservation Letter shall be cancelled and the shares reserved thereunder shall be released, (B) the Note shall be cancelled and terminated with no remaining obligations by either the Borrower or the Lender thereunder.
Termination and Mutual Release. The Parties agree that the Stockholders Agreement is hereby rendered void and, except as set forth herein, no obligations of the Parties shall survive. The Parties agree that the foregoing consideration, as well as such other good and valuable consideration received by the Parties pursuant hereto, represents settlement in full of all outstanding obligations owed by any of the Parties to any of the Parties, on behalf of themselves, and on behalf of all their past and present shareholders, successors, assigns, transferees, and all subsidiary, parent, and affiliated companies, jointly and severally, and fully and forever release each other, and their stockholders, successors, assigns, transferees and all subsidiary, parent and affiliated companies, and all of their insurers and sureties, of and from any claim, duty, obligation or cause of action relating to the Stockholders Agreement. The Parties agree that the release set forth in this section shall be and remain in effect in all respects as a complete general release as to the matters released. This release does not extend to any obligations incurred under this Agreement.
Termination and Mutual Release. StorMedia will have executed and delivered the Termination and Mutual Release substantially in the form attached to this Agreement as Exhibit B.
Termination and Mutual Release. Seagate will have executed and delivered the Termination and Mutual Release substantially in the form attached to this Agreement as Exhibit B.
Termination and Mutual Release. Effective upon the execution of the Caspian Agreement and Knighthead Agreement, and notwithstanding anything contained in the Standby Purchase Agreement:
Termination and Mutual Release. The Termination and Mutual Release dated as of January 21, 2007 between Paramount, BioValve Technologies Inc. and certain other parties is in full force and effect, and constitutes the legal, valid and binding obligation of Paramount enforceable against Paramount in accordance with its terms and, to Paramount’s knowledge, against each other party thereto.
Termination and Mutual Release. The Management Consultancy Agreement is hereby mutually terminated and effective immediately. Shenzhen Jinmimi and Chuangding hereto hereby release and forever discharge the other party hereto, its officers, directors, employees, agents and representatives from any and all claims liabilities, suits and damages arising or in any way related to the Management Consultancy Agreement and agrees not to commence any such suit or make any such claim against the other party, 2. SUCCESSOR. Concurrently with the execution of this Agreement, Xx Xx and Silky Road International Group Limited agree to accept and shall be the successor of the new management consultancy agreement among the Successor and Shenzhen Jinmimi. The Successor, Xx Xx and Silky Road International Group Limited, also agree to cancel the promissory notes issued to them by Jinmimi Network Inc., the parent company of Chuangding.
Termination and Mutual Release
