Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition are terminated and abandoned pursuant to this Article 10 hereof, this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 35 contracts
Samples: Agreement and Plan of Reorganization (Hardwood Doors & Milling Specialities Inc), Agreement and Plan of Reorganization (Metaswarm Inc.), Agreement and Plan of Reorganization (T Bay Holdings Inc)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition are terminated and abandoned pursuant to this Article 10 hereof, this Agreement shall become void and of no force and effect effect, and there shall be no liability on the part of any of the parties Parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party Party hereto will pay all costs and expenses incident to its or his negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 5 contracts
Samples: Share Exchange Agreement (Fdctech, Inc.), Share Exchange Agreement (Gulf & Orient Steamship Company, Ltd.), Share Exchange Agreement (Geo Point Resources, Inc.)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition are terminated and abandoned pursuant to this Article 10 11 hereof, this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 4 contracts
Samples: Reorganization Agreement (Rescon Technology Corp), Agreement and Plan of Reorganization (Soldnet Inc), Reorganization Agreement (Rescon Technology Corp)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition are terminated and abandoned pursuant to this Article 10 hereof, this Agreement shall become void and of no force and effect and there shall be no liability on to the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. .. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees-fees, expenses and disbursements of counsel.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (World Wide Energy Incorp)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition Share Exchange are terminated and abandoned pursuant to this Article 10 hereof, hereof this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 1 contract
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition reorganization are terminated and abandoned pursuant to this Article 10 hereof11, this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders Shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Media Entertainment Inc)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition reorganization are terminated and abandoned pursuant to this Article 10 hereof11, this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Media Entertainment Inc)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition Share Exchange are terminated and abandoned pursuant to this Article 10 hereof, hereof this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or of controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 1 contract
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition are terminated and abandoned pursuant to this Article 10 hereof, this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, . or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Intra Asia Entertainment Corp)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition Merger are terminated and abandoned pursuant to this Article 10 hereof, this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Hardwood Doors & Milling Specialities Inc)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition are terminated and abandoned pursuant to this Article 10 hereof, this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto Energy Resource Management will pay all costs and expenses incident to its the negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Gene Cell Inc)
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition are terminated and abandoned pursuant to this Article 10 hereof, this Agreement shall become null and void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counsel.
Appears in 1 contract
Termination of Obligations and Waiver of Conditions; Payment of Expenses. In the event this Agreement and the acquisition are terminated and abandoned pursuant to this Article 10 hereof, this Agreement shall become void and of no force and effect and there shall be no liability on the part of any of the parties hereto, or their respective directors, officers, shareholders or controlling persons to each other. Each party hereto will pay all costs and expenses incident to its negotiation and preparation of this Agreement and any of the documents evidencing the transactions contemplated hereby, including fees, expenses and disbursements of counselother other than as set forth in paragraph 1.01.
Appears in 1 contract
Samples: Merger Agreement (Techlite Inc)