EFFECT OF TERMINATION OR WAIVER. In the event that this Agreement shall be terminated pursuant to the provisions of Section 7.1 hereof, this Agreement shall become null and void and shall have no further effect, and all further obligations of the parties hereto under this Agreement shall terminate without further liability of any party to another, except as otherwise provided in this Agreement.
Appears in 3 contracts
Sources: Purchase Agreement (Acr Group Inc), Asset Purchase Agreement (Acr Group Inc), Asset Purchase Agreement (Bowlin Outdoor Advertising & Travel Centers Inc)