Common use of Termination of the Consortium Agreement Clause in Contracts

Termination of the Consortium Agreement. The Consortium Agreement is hereby unconditionally and irrevocably terminated in its entirety (including, for the avoidance of doubt, Section 5 thereof) and is of no further force or effect. As of the date hereof, no Party has any further rights or obligations under the Consortium Agreement. Each Party agrees that it has no claim arising under or relating to the Consortium Agreement (whether in contract, tort or otherwise) against any other Party.

Appears in 3 contracts

Samples: Termination Agreement (Morgan Stanley), Termination Agreement (Full Alliance International LTD), Termination Agreement (Yang Xiang Dong)

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Termination of the Consortium Agreement. The Subject to Section 6.02(b) of the Consortium Agreement, the Consortium Agreement is hereby unconditionally and irrevocably terminated in its entirety (includingand notwithstanding Section 6.02(b) of the Consortium Agreement, for the avoidance of doubt, Section 5 including Article V (Exclusivity) thereof) pursuant to Section 6.01(c) of the Consortium Agreement and is of no further force or effect. As , effective as of the date hereof, no Party has any further rights or obligations under the Consortium of this Agreement. Each Party agrees The Parties hereby agree and acknowledge that it has no claim arising under or relating to breach of the Consortium Agreement (whether in contract, tort or otherwise) against by any other PartyParty occurred prior to the date of this Agreement.

Appears in 3 contracts

Samples: Termination Agreement (Tang Yan), Termination Agreement (Alibaba Group Holding LTD), Termination Agreement

Termination of the Consortium Agreement. The Subject to Section 6.02(b) of the Consortium Agreement, the Consortium Agreement is hereby unconditionally and irrevocably terminated in its entirety (including, for the avoidance of doubt, Section 5 thereof) and is of no further force or effect. As of the date hereof, no Party has any further rights or obligations under the Consortium Agreement. Each Party agrees that it has no claim arising under or relating to the Consortium Agreement (whether in contract, tort or otherwise) against any other Party.

Appears in 1 contract

Samples: Termination Agreement (Lei Jun)

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Termination of the Consortium Agreement. The Consortium Agreement is hereby unconditionally and irrevocably terminated in its entirety (including, for pursuant to Section 5.5 of the avoidance of doubt, Section 5 thereof) Consortium Agreement with respect to all Parties and is of no further force or effect. As , except for any provision of the date hereof, no Party has any further rights Consortium Agreement that by its terms would otherwise survive the termination or obligations under expiration of the Consortium Agreement. Each Party agrees The Parties hereby acknowledge and confirm that it has no claim arising under or relating to breach of the Consortium Agreement (whether in contract, tort or otherwise) against by any other PartyParty occurred prior to the date of this Agreement.

Appears in 1 contract

Samples: Termination Agreement (Gang Yu)

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