Effect of Termination or Abandonment. In the event of the lawful termination of this Agreement and the abandonment of the Merger pursuant to Section 13.1, this Agreement shall become null and void, BIF shall bear all BIF Transactional Expenses, FDB shall bear all FDB Transactional Expenses, and there shall be no liability of one party to the other or any restrictions on the future activities on the part of any party hereto, or its directors, officers or stockholders, except for the obligations of BIF and FDB concerning confidentiality referred to in Sections 6.1 and 7.1, respectively, and except as provided under Sections 13.3, 13.4 and 13.5.
Appears in 2 contracts
Sources: Merger Agreement (First Decatur Bancshares Inc), Merger Agreement (Bankillinois Financial Corp)