Common use of Termination Without Liability Clause in Contracts

Termination Without Liability. Any termination of this Agreement pursuant to this Section 7 shall be without liability of any character (including, but not limited to, loss of anticipated profits or consequential damages) on the part of any party thereto, except that the Company shall remain obligated to pay the costs and expenses provided to be paid by it specified in Sections 1.3 and 5.2, and the Company and Agent shall be obligated to pay, respectively, all losses, claims, damages, or liabilities, joint or several, under Section 6.1 in the case of the Company and Section 6.2 in the case of Agent.

Appears in 3 contracts

Samples: Placement Agent Agreement (Tracker Corp of America), Placement Agency Agreement (Compositech LTD), Placement Agent Agreement (Tracker Corp of America)

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Termination Without Liability. Any termination of this Agreement pursuant to this Section 7 shall be without liability of any character (including, but not limited to, loss of anticipated profits or consequential damages) on the part of any party thereto, except that the Company shall remain obligated to pay the costs and expenses provided to be paid by it specified in Sections 1.3 and 5.2, and the Company and Agent shall be obligated to pay, respectively, all losses, claims, damages, or liabilities, joint or several, under Section 6.1 in the case of the Company and Section 6.2 in the case of Agent.

Appears in 2 contracts

Samples: Placement Agent Agreement (Telecom Wireless Corp/Co), Placement Agent Agreement (Cambex Corp)

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Termination Without Liability. Any termination of this Agreement pursuant to this Section 7 shall be without liability of any character (including, but not limited to, loss of anticipated profits or consequential damages) on the part of any party thereto, except that the Company shall remain obligated to pay the costs and expenses provided to be paid by it specified in Sections 1.3 and 5.2, and the Company and Agent shall be obligated to pay, respectively, all losses, claims, damages, damages or liabilities, joint or several, under Section 6.1 in the case of the Company and Section 6.2 in the case of Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Providential Holdings Inc)

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