Common use of Termination Effect of Termination Clause in Contracts

Termination Effect of Termination. (a) This Agreement will terminate automatically and without further action of the Parties upon the earlier to occur of (i) the termination of the Transaction Agreement in accordance with its terms and (ii) the Effective Time. (b) Upon termination of this Agreement, no party will have any further obligations or liabilities under this Agreement, except that (i) such termination will not relieve any Party from liability for any Deliberate and material breach of this Agreement prior to termination and (y) this Section 4(b) and Section 5 (as applicable to Section 4(b)) will survive any such termination.

Termination Effect of Termination. (a) This Agreement will terminate automatically and without further action of the Parties upon the earlier to occur of (i) the termination of the Transaction Agreement in accordance with its terms terms. Section ‎1 and (ii) Section ‎2 will terminate automatically and without further action of the Parties upon the Effective Time. (b) Upon termination of this AgreementAgreement or any provisions hereof, no party will have any further obligations or liabilities under this AgreementAgreement or such provisions (as applicable), except that (i) such termination will not relieve any Party from liability for any Deliberate and material breach by such Party of this Agreement or such provisions prior to termination and (y) this Section 4(b‎7(b) and Section 5 ‎8 (as applicable to Section 4(b‎7(b)) will survive any such termination.

Termination Effect of Termination. (a) This Agreement will terminate automatically and without further action of the Parties upon the earlier to occur of (i) the termination of the Transaction Agreement in accordance with its terms terms. Section 1 and (ii) Section 2 will terminate automatically and without further action of the Parties upon the Effective Time. (b) Upon termination of this AgreementAgreement or any provisions hereof, no party will have any further obligations or liabilities under this AgreementAgreement or such provisions (as applicable), except that (i) such termination will not relieve any Party from liability for any Deliberate and material breach by such Party of this Agreement or such provisions prior to termination and (y) this Section 4(b7(b) and Section 5 8 (as applicable to Section 4(b7(b)) will survive any such termination.