Effect of Termination Hereunder. Any termination of this ------------------------------- Agreement pursuant to this Article VII 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 hereto, except that ATLANTIC shall remain obligated to pay the costs and expenses provided to be paid by it specified in Section 3.12 and ATLANTIC and the Agent shall be obligated to pay, respectively, all losses, claims, damages or liabilities, joint or several, under Article V.
Appears in 2 contracts
Sources: Placement Agent Agreement (Security Capital Atlantic Inc), Placement Agent Agreement (Security Capital Atlantic Inc)