Common use of Termination Effect Clause in Contracts

Termination Effect. Except for the circumstances specified in Article 10.3 below, if the Agreement is terminated according to Article 10.1 or applicable laws, the Agreement will no longer be valid, but the parties shall not be exempt from any liabilities arising from the breach hereof or any misstatements and such termination shall not be deemed as a waiver of any available relief for such breach or any untrue statement (including actual performance, if available).

Appears in 2 contracts

Samples: Investment Agreement (Changyou.com LTD), Investment Agreement (Sohu Com Inc)

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Termination Effect. Except for the circumstances specified in Article 10.3 18.3 below, if the Agreement is terminated according to Article 10.1 18.1 or applicable laws, the Agreement will no longer be valid, but all the parties Parties shall not be exempt exempted from any liabilities arising from the breach hereof or any misstatements and such termination shall not be deemed as a waiver of any available relief for such breach or any untrue statement (including actual performance, if available).

Appears in 2 contracts

Samples: Shareholder Agreement (Changyou.com LTD), Shareholder Agreement (Sohu Com Inc)

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