Common use of Termination by Agreement of the Parties Clause in Contracts

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller under this Agreement, and the Seller shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 11 contracts

Samples: Asset Purchase Agreement (Amtech Systems Inc), Asset Purchase Agreement (Amtech Systems Inc), Asset Purchase Agreement (West Coast Entertainment Corp)

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Termination by Agreement of the Parties. This Agreement may be --------------------------------------- terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller under this Agreement, and the Seller shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Astea International Inc), Asset Purchase Agreement (Satcon Technology Corp), Asset Purchase Agreement (V I Technologies Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Stockholder or the Company under this Agreement, and the Seller Stockholder shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 3 contracts

Samples: Tender Agreement (Parexel International Corp), Stock Purchase Agreement (Centene Corp), Stock Purchase Agreement (Centene Corp)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties heretoCompany and the Buyer. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Company under this Agreement, and the Seller Company shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Geac Computer Systems Inc), Intellectual Property Rights Purchase Agreement (Geac Computer Systems Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller under this Agreement, and the Seller shall have no further obligation or liability to the Buyer under this Agreement, except as provided in the agreement to terminate.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Superior Consultant Holdings Corp), Asset Purchase Agreement (Whittaker Corp)

Termination by Agreement of the Parties. This Agreement may be --------------------------------------- terminated by the mutual written agreement of the parties heretoCompany and the Buyer. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Company under this Agreement, and the Seller Company shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Clarus Corp), Intellectual Property Rights Purchase Agreement (Clarus Corp)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Stockholders or the Company under this Agreement, and the Seller Stockholders shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Nashua Corp), Stock Purchase Agreement (Breed Technologies Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer and Xxxxxxx shall have no further obligation or liability to the Seller or Seller's Parent under this Agreement, and the Seller and Seller's Parent -39- shall have no further obligation or liability to the Buyer or Xxxxxxx under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intermet Corp)

Termination by Agreement of the Parties. This Agreement may be --------------------------------------- terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Parent under this Agreement, and the Seller Parent shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Stronghold Technologies Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall not have no any further obligation or liability to the Seller Stockholders or the Company under this Agreement, and the Seller Stockholders and the Company shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Advanced Energy Industries Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Stockholders or the Company under this Agreement, and the Seller Stockholders and the Company shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Stock Acquisition Agreement (Skymall Inc)

Termination by Agreement of the Parties. This Agreement may be terminated at any time by the mutual written agreement of the parties heretoParties. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to Company or the Seller Shareholders under this Agreement, and Company and the Seller Shareholders shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Ergobilt Inc)

Termination by Agreement of the Parties. This Agreement may be --------------------------------------- terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer Investor shall have no further obligation or liability to the Seller Company under this Agreement, and the Seller Company shall have no further obligation or liability to the Buyer Investor under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (C-Bridge Internet Solutions Inc)

Termination by Agreement of the Parties. This Agreement may be terminated at any time prior to the Closing Date by the mutual written agreement of the parties heretoParties. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller under this Agreement, and the Seller shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Western Wind Energy Corp)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation obligations or liability to the Seller under this Agreement, and the Seller shall have no further obligation obligations or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hie Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties heretoBuyer and the Company. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Company under this Agreement, and the Seller Company shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Healthgate Data Corp)

Termination by Agreement of the Parties. This Agreement may be terminated at any time by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to Stockholder 92 or the Seller Company under this Agreement, and the Seller Stockholder shall have no further obligation or liability to the Buyer under this AgreementAgreement other than to cause the Deposit to be delivered to Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (KSL Recreation Group Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Sellers under this Agreement, and the Seller Sellers shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Agreement to Purchase NST Venture Interest and Capital Stock (Telemundo Group Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties heretoBuyer and Seller. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller under this Agreement, and the Seller shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (West Coast Entertainment Corp)

Termination by Agreement of the Parties. This Agreement may be --------------------------------------- terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer Entities shall have no further obligation or liability to the Seller Entities under this Agreement, and the Seller Entities shall have no further obligation or liability to the Buyer Entities under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Peritus Software Services Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties Parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Company under this Agreement, and the Seller Company shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Globalmedia Com)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Sellers or the Company under this Agreement, and the Seller Sellers shall have no further obligation or liability to the Buyer under this Agreement, other than, in each case, pursuant to Section 20.

Appears in 1 contract

Samples: Purchase Agreement (Ski Lifts Inc)

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Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties Parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to Seller or the Seller Company under this Agreement, and the Seller shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pacira Pharmaceuticals, Inc.)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In Except as provided in Section 1.10, Section 5.11 or Section 6.2, if applicable, in the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller under this Agreement, and the Seller shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Choices Entertainment Corp)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties heretoBuyer and the Parent. In the event of such termination by agreement, the Buyer and the Buyer Sub shall have no further obligation or liability to the Company, the Parent or the Seller under this Agreement, and the Company, the Parent and the Seller shall have no further obligation or liability to the Buyer and the Buyer Sub under this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Brooktrout Inc)

Termination by Agreement of the Parties. This Agreement may --------------------------------------- be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller or the Principal Stockholder under this Agreement, and neither Seller nor the Seller Principal Stockholder shall have no any further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Satcon Technology Corp)

Termination by Agreement of the Parties. This Agreement may be --------------------------------------- terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, neither the Buyer nor the Parent shall have no any further obligation or liability to the Seller Sellers or the Stockholder under this Agreement, and neither the Seller Sellers nor the Stockholder shall have no any further obligation or liability to the Buyer or the Parent under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Satcon Technology Corp)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Sellers or the Principals under this Agreement, and the Seller Sellers and the Principals shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (West Coast Entertainment Corp)

Termination by Agreement of the Parties. This Agreement may be --------------------------------------- terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller under this Agreement, Agreement and the Seller shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nucycle Therapy Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In Except as provided in the Mutual Non-Disclosure Agreement, in the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Companies under this Agreement, and the Seller Companies shall have no further obligation or liability to the Buyer under this Agreement; provided that nothing contained herein shall relieve any party from liability for any breach occurring prior to termination or for any Fraud, intentional misrepresentation or willful misconduct.

Appears in 1 contract

Samples: Asset Purchase Agreement (Town Sports International Holdings Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Ultimate Parent, the Seller or the Company under this Agreement, and the Ultimate Parent and the Seller shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Dynasil Corp of America)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall not have no any further obligation or liability to the Seller Stockholder under this Agreement, and the Seller Stockholder shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Advanced Energy Industries Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties Parties hereto. In the event of such termination by agreement, unless otherwise agreed by the Parties, the Buyer shall have no further obligation or liability to the Seller Company under this Agreement, and the Seller Company shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rheometric Scientific Inc)

Termination by Agreement of the Parties. This Agreement may be terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer shall have no further obligation or liability to the Seller Sellers under this Agreement, and the Seller Sellers shall have no further obligation or liability to the Buyer under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Airport Systems International Inc)

Termination by Agreement of the Parties. This Agreement may be --------------------------------------- terminated by the mutual written agreement of the parties hereto. In the event of such termination by agreement, the Buyer Buyers shall have no further obligation or liability to the Seller Company under this Agreement, and the Seller Company shall have no further obligation or liability to the Buyer Buyers under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Meridian National Corp)

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