Common use of Termination of Stock Purchase Agreement Clause in Contracts

Termination of Stock Purchase Agreement. In the event the Stock Purchase Agreement is terminated for any reason pursuant to the terms and conditions thereof, then this Agreement shall terminate in its entirety as of the date the Stock Purchase Agreement is terminated, in which case, neither Purchaser nor Seller shall have any further Liability to the other under this Agreement (except as otherwise stated herein).

Termination of Stock Purchase Agreement. In the event This Agreement shall terminate if the Stock Purchase Agreement is terminated for any reason pursuant prior to the terms and conditions thereof, then this Agreement shall terminate Closing (as defined in its entirety as of the date the Stock Purchase Agreement is terminated, in which case, neither Purchaser nor Seller shall have any further Liability to Agreement) of the other under this Agreement (except as otherwise stated herein)Stock Purchase Agreement.

Termination of Stock Purchase Agreement. In The Company and the event Shareholders hereby agree to terminate the Stock Purchase Agreement is terminated for any reason pursuant and to the terms and conditions thereof, then this Agreement shall terminate in its entirety as of the date replace the Stock Purchase Agreement is terminatedin its entirety with this Agreement. As of the date of this Agreement, in which case, neither Purchaser nor Seller the Stock Purchase Agreement shall have any no further Liability to the other under this Agreement (except as otherwise stated herein)force and effect.

Termination of Stock Purchase Agreement. This Agreement shall be binding upon each party upon such party’s execution and delivery of this Agreement, but this Agreement shall only become effective upon the Closing. In the event that the Stock Purchase Agreement is validly terminated for any reason pursuant in accordance with its terms prior to the terms and conditions thereofClosing, then this Agreement shall automatically terminate in its entirety as and become null and void and be of no further force or effect, and the date the Stock Purchase Agreement is terminated, in which case, neither Purchaser nor Seller parties shall have any further Liability to the other under this Agreement (except as otherwise stated herein)no obligations hereunder.