Common use of Termination by Parties Clause in Contracts

Termination by Parties. (a) Notwithstanding anything herein to the contrary, the Broker-Dealer may terminate this Agreement and all of its obligations hereunder for any reason upon giving ten (10) days' prior notice thereof to the Company; PROVIDED, HOWEVER, that, in the event the Company does not perform any obligation under this Agreement or any representation and warranty hereunder is incomplete or inaccurate, the Broker-Dealer may immediately terminate all of its obligations hereunder by notice thereof to the Company. Any termination of this Agreement or of the Broker-Dealer's obligations hereunder shall be without liability of the Broker-Dealer to any other party.

Appears in 5 contracts

Samples: Dealer Selling Agreement (Sovereign Credit Finance Ii Inc), Tamarack Funding Corp, Sovereign Credit Finance I Inc

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