Termination of Transaction Agreement. Notwithstanding anything to the contrary in this Agreement, if the Transaction Agreement is terminated in accordance with its terms, the terms and conditions of this Article 3 shall have no further effect and ENA shall not be obligated to take release of the portions of the Permanently Released Capacity from Xxxxx in accordance withas specified under this Article 3.
Termination of Transaction Agreement. Notwithstanding anything to the contrary set forth in this Agreement, in the event that the Transaction Agreement is terminated, this Agreement shall be void ab initio and of no force or effect.
Termination of Transaction Agreement. Notwithstanding anything to the contrary in this Agreement, if the Transaction Agreement is terminated in accordance with its terms, (i) the terms and conditions of this Article 3 shall have no further effect and ENA shall not be obligated to take re-release of the portions of the Permanently Released Capacity from Xxxxx as specified under this Article 3 and (ii) Xxxxx shall immediately take assignment from ENA (via permanent capacity re-release with Xxxxx as prearranged shipper) of any of the Permanently Released Capacityre-released capacity held by ENA under a re-release from Xxxxx in accordance with Section 3.1 of this Agreement.
Termination of Transaction Agreement. The Parties acknowledge and agree that, upon the execution and delivery of this Agreement, the Transaction Agreement is terminated and all obligations of the Parties under the Transaction Agreement are terminated and have no further force or effect; provided, however, that such termination will not relieve any Party from any liability for any Fraud Claims with respect to the Transaction Agreement occurring prior to such termination.
Termination of Transaction Agreement. In the event that the Transaction Agreement shall be terminated prior to the Closing thereunder (and at the request of the holders of the Series A Preferred Shares in any event if such Closing shall not have occurred by October 31, 2004), each of the Company and each of the Selling Shareholders shall cooperate with one another to take all actions, make all filings and enter into such agreements among themselves as may be reasonably necessary (a) to restore to the holders of the Series A Preferred Shares all of the rights, preferences and privileges pertaining to such Shares under the Memorandum of Association and Articles of Association of the Company on July 15, 2004 and (b) to restore all of the contractual rights and obligations between and among the Selling Shareholders pursuant to the Previous Shareholder Agreements (as defined in the Investors Agreement, as the same is defined in the Transaction Agreement) that existed prior to the execution and delivery of the Transaction Agreement.
Termination of Transaction Agreement. In accordance with Sections 11.01(a), and 11.02 of the Transaction Agreement and subject to the terms and provisions of this Termination Agreement, the Transaction Agreement shall be terminated by this mutual written consent of the Parties effective as of the Effective Date. As of the Effective Date, all Parties’ right, title, and interest in the Transaction Agreement will terminate and be of no further legal force or effect, except that, notwithstanding anything to the contrary contained in the Transaction Agreement, the Confidentiality Agreement, or any of the Transaction Documents, the terms set forth in Section 9.03(b) (Confidentiality), Section 11.02 (Effect of Termination), Section 11.03(a) and (c) (Expenses), Article XII (General Provisions) (other than Section 12.02 Nonsurvival of Representations, Warranties and Covenants) and any corresponding definitions set forth in Article I of the Transaction Agreement, and no others, shall survive the termination of the Transaction Agreement and remain in full force and effect. The Parties further acknowledge and agree that, as of the Effective Date and by virtue of the termination of the Transaction Agreement hereby, each of the Ancillary Agreements shall terminate in accordance with their terms.
Termination of Transaction Agreement. The Transaction Agreement is terminated. LOAN AND SECURITY AGREEMENT BY AND BETWEEN Q COMM INTERNATIONAL INC. AND AMERICAN PAYMENT SYSTEMS, INC. --------------------------------------------------------------------------------
Termination of Transaction Agreement. In the event of termination of the Transaction Agreement prior to the closing date of the Mergers, the Exchange Agent will promptly return stock certificates representing shares of Tronox Incorporated common stock via registered mail or through a book-entry transfer for shares held in street name. The Exchange Agent and Tronox Incorporated will use their commercially reasonable efforts to facilitate return of Tronox Incorporated stock certificates in the event of termination of the Transaction Agreement prior to the closing date of the Mergers, but return of certificates other than by registered mail will only be made at the expense, written direction and risk of the requesting Tronox Incorporated stockholder, accompanied by a pre-paid, pre-addressed return courier envelope sent to the Exchange Agent.
Termination of Transaction Agreement. This Scheme will lapse and be of no further force or effect if the Transaction Agreement is terminated in accordance with its terms.
Termination of Transaction Agreement. This Agreement shall automatically terminate and be of no further force or effect, with the exception that Executive’s resignation from the Company and its Board of Directors, effective as of the Effective Date, shall be final and persistent, in the event that the Transaction Agreement is terminated for any reason; provided further, for the avoidance of doubt, that in the event of any such termination Executive’s Employment Agreement with PCT, dated as of March 11, 2016, shall continue in full force and effect with each party thereto maintaining its obligations and rights thereunder following any such termination.
