Common use of Void upon Termination Clause in Contracts

Void upon Termination. If this Agreement is terminated pursuant to Section 6.1, this Agreement shall become void and of no force and effect and no Party will have any liability or further obligation to the other Party hereunder, except that (i) any liability of the Company to pay a Termination Fee that is unpaid at the time of termination of this Agreement, (ii) any liability of the Purchaser to pay a Purchaser Termination Fee that is unpaid at the time of termination of this Agreement, and (iii) the provisions of Section 4.2, Section 5.4, this Section 6.2 and Article 8 (other than Section 8.6 and Section 8.9), shall survive any termination hereof pursuant to Section 6.1, provided, however, that neither the termination of this Agreement nor anything contained in Section 5.4 or this Section 6.2 will relieve any Party from any liability for any intentional or wilful breach by it of this Agreement, including any intentional or wilful making of a misrepresentation in this Agreement. Notwithstanding anything to the contrary contained in this Agreement, the Confidentiality Agreement shall survive any termination hereof pursuant to Section 6.1.

Appears in 2 contracts

Samples: Arrangement Agreement (Nomad Royalty Co Ltd.), Arrangement Agreement (Sandstorm Gold LTD)

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Void upon Termination. If this Agreement is terminated pursuant to in accordance with Section 6.17.1, this Agreement shall become void and of no force and effect and no Party will have any liability or further obligation to the other Party hereunder, except that (i) any liability of the Company to pay a Termination Fee that is unpaid at the time of termination of this Agreement, (ii) any liability of the Purchaser to pay a Purchaser Termination Fee that is unpaid at the time of termination of this Agreement, and (iii) the provisions of this Section 4.27.3, Section 5.45.1, this Section 6.2 7.2 and Article 8 (other than Section 8.6 and Section 8.9), 9 shall survive any termination hereof pursuant to in accordance with Section 6.17.1, provided, however, that neither the termination of this Agreement nor anything contained in Section 5.4 7.2 or this Section 6.2 7.3 will relieve any Party from any liability for any intentional or wilful willful breach by it of this Agreement, including any intentional or wilful willful making of a misrepresentation in this Agreement. Notwithstanding anything to the contrary contained in this Agreement, the Confidentiality Non-Disclosure Agreement shall survive any termination hereof pursuant in accordance with Section 7.1. For purposes of Sections 7.2 and 7.3, an “intentional or willful” breach or misrepresentation means a breach of any representation, warranty, covenant or agreement in this Agreement or a failure to Section 6.1perform any covenant or agreement in this Agreement arising as a consequence of an act or omission undertaken with the primary intent of causing a breach of, or failure to perform under, this Agreement.

Appears in 1 contract

Samples: Arrangement Agreement (Endo Health Solutions Inc.)

Void upon Termination. If this Agreement is terminated pursuant to in accordance with Section 6.17.1, this Agreement shall become void and of no force and effect and no Party will have any liability or further obligation to the other Party hereunder, except that (i) any liability of the Company to pay a Termination Fee that is unpaid at the time of termination of this Agreement, (ii) any liability of the Purchaser to pay a Purchaser Termination Fee that is unpaid at the time of termination of this Agreement, and (iii) the provisions of this Section 4.27.3, Section 5.45.1, this Section 6.2 7.2 and Article 8 (other than Section 8.6 and Section 8.9), 9 shall survive any termination hereof pursuant to in accordance with Section 6.17.1, provided, however, that neither the termination of this Agreement nor anything contained in Section 5.4 7.2 or this Section 6.2 7.3 will relieve any Party from any liability for any intentional or wilful willful breach by it of this Agreement, including any intentional or wilful willful making of a misrepresentation in this Agreement. Notwithstanding anything to the contrary contained in this Agreement, the Confidentiality Non- Disclosure Agreement shall survive any termination hereof pursuant in accordance with Section 7.1. For purposes of Sections 7.2 and 7.3, an “intentional or willful” breach or misrepresentation means a breach of any representation, warranty, covenant or agreement in this Agreement or a failure to Section 6.1perform any covenant or agreement in this Agreement arising as a consequence of an act or omission undertaken with the primary intent of causing a breach of, or failure to perform under, this Agreement.

Appears in 1 contract

Samples: Arrangement Agreement (Edgewater Technology Inc/De/)

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Void upon Termination. If this Agreement is terminated pursuant to Section 6.1, this Agreement shall become void and of no force and effect and no Party will have any liability or further obligation to the other Party hereunder, except that (i) any liability of the Company to pay a Termination Fee that is unpaid at the time of termination of this Agreement, (ii) any liability of the Purchaser to pay a Purchaser Termination Fee that is unpaid at the time of termination of this Agreement, and (iii) the provisions of Section 4.24.3, Section 5.45.3, this Section 6.2 and Article 8 (other than Section 8.6 and Section 8.9), shall survive any termination hereof pursuant to Section 6.1, provided, however, that neither the termination of this Agreement nor anything contained in Section 5.4 5.3 or this Section 6.2 will relieve any Party from any liability for any intentional or wilful breach by it of this Agreement, including any intentional or wilful making of a misrepresentation in this Agreement. Notwithstanding anything to the contrary contained in this Agreement, the Confidentiality Agreement shall survive any termination hereof pursuant to Section 6.1.

Appears in 1 contract

Samples: Arrangement Agreement (Kirkland Lake Gold Ltd.)

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