Common use of TERMINATION OF THE ASSIGNMENT Clause in Contracts

TERMINATION OF THE ASSIGNMENT. The Assignment is hereby terminated in its entirety and is of no force or effect. Neither party shall have any liability or obligation to the other under or in connection with the Assignment, and any prior notice required in connection with the termination of the Assignment is hereby waived.

Appears in 4 contracts

Samples: Termination of Assignment of Earnings and Insurances (Calpetro Tankers (Bahamas Iii) LTD), Termination of Assignment of Purchase Agreement (Calpetro Tankers (Bahamas Iii) LTD), Termination Agreement (California Petroleum Transport Corp)

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