Common use of Effect of Termination Clause in Contracts

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 20 contracts

Sources: Agreement and Plan of Merger (AIRO Group Holdings, Inc.), Agreement and Plan of Merger (AIRO Group Holdings, Inc.), Merger Agreement (AIRO Group Holdings, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) 5.06 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 13 contracts

Sources: Membership Interest Purchase Agreement (1606 Corp.), Membership Interest Purchase Agreement (1606 Corp.), Share Purchase Agreement (Fast Track Solutions, Inc.)

Effect of Termination. (a) In the event of the termination of this Agreement in accordance with pursuant to this ArticleArticle VIII, no Party (or any of its directors or officers) shall have any liability or further obligation under this Agreement shall forthwith become void and there shall be no liability on the part of to any Party hereto except: (a) other Party, except as set forth provided in this Article IX, Section 5.2(b) 8.5 and Article X hereof; and (b) except that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereofthis Agreement.

Appears in 10 contracts

Sources: Merger Agreement (BSD Software Inc), Merger Agreement (BSD Software Inc), Merger Agreement (Neomedia Technologies Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 5.05 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 9 contracts

Sources: Membership Interest Purchase Agreement (Focus Impact BH3 NewCo, Inc.), Membership Interest Purchase Agreement (Focus Impact BH3 NewCo, Inc.), Share Exchange Agreement (Impact Biomedical Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any a Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) except that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereofof this Agreement.

Appears in 9 contracts

Sources: Membership Interest Purchase Agreement (La Rosa Holdings Corp.), Membership Interest Purchase Agreement (La Rosa Holdings Corp.), Membership Interest Purchase Agreement (La Rosa Holdings Corp.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 5.06 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 7 contracts

Sources: Stock Purchase Agreement (LifeMD, Inc.), Limited Liability Company Purchase Agreement (HomeSmart Holdings, Inc.), Limited Liability Company Interest Purchase Agreement (HomeSmart Holdings, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) IX and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 7 contracts

Sources: Asset Purchase Agreement (Addvantage Technologies Group Inc), Asset Purchase Agreement (Smart Sand, Inc.), Asset Purchase Agreement (Smart Sand, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) X and Article X XI hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 6 contracts

Sources: Merger Agreement (MassRoots, Inc.), Merger Agreement (MassRoots, Inc.), Merger Agreement (MassRoots, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) 6.06 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 6 contracts

Sources: Asset Purchase Agreement (Sg Blocks, Inc.), Asset Purchase Agreement (Home Bancshares Inc), Asset Purchase Agreement (Avant Diagnostics, Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with pursuant to this ArticleArticle VIII, this Agreement (other than Article VII, this Article VIII and Article IX) shall forthwith become void and there shall be of no further force or effect with no liability on the part of any Party hereto except: (a) as set forth in this Article IXhereto; provided, Section 5.2(b) and Article X hereof; and (b) however, that nothing herein shall relieve any Party hereto from liability for any willful actual damages to the other Parties hereto resulting from a material breach of any provision hereofthis Agreement by such Party.

Appears in 6 contracts

Sources: Art Purchase Agreement (Masterworks 001, LLC), Art Purchase Agreement (Masterworks 001, LLC), Art Purchase Agreement (Masterworks 001, LLC)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) except that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereofof this Agreement.

Appears in 6 contracts

Sources: Stock Purchase Agreement (La Rosa Holdings Corp.), Membership Interest Purchase Agreement (La Rosa Holdings Corp.), Membership Interest Purchase Agreement (La Rosa Holdings Corp.)

Effect of Termination. In the event of the termination of this Agreement in accordance with pursuant to this ArticleArticle X, this Agreement shall forthwith thereafter become void and there have no effect, and no party hereto shall have any liability or obligation to any other party hereto in respect of this Agreement, except that the provisions of Article XI, this Section X.E and Section X.F shall survive any such termination; provided, however, that no party shall be no released from any liability on hereunder if this Agreement is terminated and the part transactions contemplated hereby abandoned by reason of (i) willful failure of such party to perform its obligations hereunder or (ii) any misrepresentation made by such party of any Party hereto except: (a) as matter set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereofherein.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Popmail Com Inc), Securities Purchase Agreement (Ifs International Holdings Inc), Securities Purchase Agreement (Storage Computer Corp)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle IX, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b5.02(b) and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 5 contracts

Sources: Asset Purchase Agreement (Recruiter.com Group, Inc.), Asset Purchase Agreement, Asset Purchase Agreement (Aspen Group, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 6.06 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 5 contracts

Sources: Asset Purchase Agreement (Recruiter.com Group, Inc.), Asset Purchase Agreement (Crown Electrokinetics Corp.), Asset Purchase Agreement (LZG International, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) ARTICLE IX and Article ARTICLE X hereof; and; (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 5 contracts

Sources: Merger Agreement (Fdctech, Inc.), Merger Agreement (Solar Integrated Roofing Corp.), Merger Agreement (Solar Integrated Roofing Corp.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 5 contracts

Sources: Stock Purchase Agreement (Stem, Inc.), Merger Agreement (Corelogic, Inc.), Asset Purchase Agreement (Gulf Island Fabrication Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle IX, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) except as set forth in this Article IX, Section 5.2(b) 5.06, and Article X hereof; and (b) and that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 4 contracts

Sources: Membership Interest Purchase Agreement (Hightimes Holding Corp.), Membership Interest Purchase Agreement (Hightimes Holding Corp.), Membership Interest Purchase Agreement (Hightimes Holding Corp.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) 6.05 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 4 contracts

Sources: Equity Purchase Agreement (CalAmp Corp.), Asset Purchase Agreement (Xenetic Biosciences, Inc.), Asset Purchase Agreement (Micronet Enertec Technologies, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: : (a) as set forth in this Article IX, IX and Section 5.2(b) and Article X 6.7 hereof; and and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 4 contracts

Sources: Membership Interest Purchase Agreement (Chanticleer Holdings, Inc.), Asset Purchase Agreement (Chanticleer Holdings, Inc.), Asset Purchase Agreement (Chanticleer Holdings, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void void, and there shall be no liability on the part of any a Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) except that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereofof this Agreement.

Appears in 4 contracts

Sources: Membership Interest Purchase Agreement (La Rosa Holdings Corp.), Membership Interest Purchase Agreement (La Rosa Holdings Corp.), Membership Interest Purchase Agreement (La Rosa Holdings Corp.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b5.02(b) and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 4 contracts

Sources: Merger Agreement (Item 9 Labs Corp.), Merger Agreement (SRAX, Inc.), Merger Agreement (OptimizeRx Corp)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle 6, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX6 (Termination), and Section 5.2(b5.7 (Confidentiality) and Article X 10 (Miscellaneous) hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 3 contracts

Sources: Merger Agreement (Aytu Bioscience, Inc), Merger Agreement (Aytu Bioscience, Inc), Merger Agreement (AtriCure, Inc.)

Effect of Termination. In the event of the termination of this Agreement as provided in accordance with this ArticleArticle V, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereofparty; and (b) provided that nothing herein shall relieve any Party hereto party from any liability for or obligation with respect to any willful breach of any provision hereofthis Agreement.

Appears in 3 contracts

Sources: Purchase Agreement (Enstar Group LTD), Purchase Agreement (Enstar Group LTD), Purchase Agreement (Enstar Group LTD)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) 5.05 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 3 contracts

Sources: Stock Purchase Agreement (American International Holdings Corp.), Stock Purchase Agreement (Cosmos Health Inc.), Stock Purchase Agreement (Cosmos Holdings Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE VIII and Section 5.2(b) 5.08 and Article X ARTICLE IX hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 3 contracts

Sources: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void be of no further force or effect and there shall be no liability Liability on the part of any Party party hereto except: (a) for the duties, covenants and obligations that are expressly provided herein to survive the termination of this Agreement; (b) as set forth in this Article IX, VII and Section 5.2(b) and Article X 3.4 hereof; and (bc) that nothing herein shall relieve any Party party hereto from liability Liability for any willful breach of any provision hereof.

Appears in 3 contracts

Sources: Merger Agreement (EVO Transportation & Energy Services, Inc.), Stock Purchase Agreement (EVO Transportation & Energy Services, Inc.), Acquisition Option Agreement (EVO Transportation & Energy Services, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) 6.06 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 3 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Sprague Resources LP), Asset Purchase Agreement (Sprague Resources LP)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as that the obligations set forth in this Article IX, Section 5.2(b) ARTICLE IX and Article ARTICLE X hereofhereof shall survive termination; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 3 contracts

Sources: Asset Purchase Agreement (CareCloud, Inc.), Asset Purchase Agreement (Tenon Medical, Inc.), Asset Purchase Agreement (Singing Machine Co Inc)

Effect of Termination. In the event of the termination of If this Agreement in accordance with this Articleis terminated, then this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) 6.05 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Lm Funding America, Inc.), Asset Purchase Agreement (Greenidge Generation Holdings Inc.), Asset Purchase Agreement (Lm Funding America, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, X and Section 5.2(b) 6.06 and Article X XI hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 3 contracts

Sources: Membership Interest Purchase Agreement (Aaon, Inc.), Membership Interest Purchase Agreement (Aaon, Inc.), Membership Interest Purchase Agreement (Aaon, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) 6.06 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Uncommon Giving Corp), Asset Purchase Agreement (Uncommon Giving Corp), Asset Purchase Agreement (General Finance CORP)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become be void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) X and Article X hereof; andXI; (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereofmisconduct or fraud with scienter.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Cumberland Pharmaceuticals Inc), Asset Purchase Agreement (Theravance Biopharma, Inc.), Asset Purchase Agreement (Cumberland Pharmaceuticals Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as for the terms and provisions set forth in this Article IXVIII, Section 5.2(b5.02(b) and Article X hereofIX, all of which shall survive any termination of this Agreement; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereofcovenant or agreement contained in this Agreement (prior to termination of this Agreement) or for Fraud.

Appears in 3 contracts

Sources: Merger Agreement (Verano Holdings Corp.), Merger Agreement (Verano Holdings Corp.), Merger Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth except that nothing in this Article IX, Section 5.2(b) and Article X hereof; and (b) that nothing herein Agreement shall relieve any Party hereto party to this Agreement from liability for any willful breach of any provision hereofof this Agreement.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Development Capital Group, Inc.), Membership Interest Purchase Agreement (Big Sky Productions, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) IX and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Bio Key International Inc), Stock Purchase Agreement (Bio Key International Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; IX and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Aytu Bioscience, Inc), Asset Purchase Agreement (Cerecor Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 5.05 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (4Front Ventures Corp.), Membership Interest Purchase Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) and Article X 6.03 hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Hudson Global, Inc.), Asset Purchase Agreement (Mastech Holdings, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall will forthwith become void and there shall will be no liability on the part of any Party hereto except: (a) except as set forth in this Article IX, IX and Section 5.2(b) 5.07 and Article X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Gas Natural Inc.), Asset Purchase Agreement (Gas Natural Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability Liability on the part of any Party party hereto except: : (a) as set forth in Section 5.04, this Article IX, Section 5.2(b) ARTICLE 9 and Article X hereofARTICLE 10; and and (b) that nothing herein shall relieve any Party party hereto from liability Liability for any willful breach of any provision hereof.. MISCELLANEOUS‌

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement, Membership Interest Purchase Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE VIII and Section 5.2(b) 5.06 and Article X ARTICLE IX hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Securities Exchange Agreement (Ecoark Holdings, Inc.), Securities Exchange Agreement (Humbl, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleAgreement, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, XII and Section 5.2(b) 4.08 and Article X XIII hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (EV Energy Partners, LP), Membership Interest Purchase Agreement (EV Energy Partners, LP)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) ‎Article VIII and Article X ‎Section 5.04 and ‎Article IX hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Ability Inc.), Stock Purchase Agreement (Ability Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle VIII, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IXVIII, Section 5.2(b) 2.5(b), and Article X Section 6.5 hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleARTICLE X, this Agreement shall forthwith become void (other than the provisions of Section 11.03, ARTICLE XI and there shall be no liability on the part of any Party hereto except: (athis ARTICLE X) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) provided that nothing herein shall relieve any Party hereto party from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset and Equity Purchase Agreement (Cytori Therapeutics, Inc.), Asset and Equity Purchase Agreement (Cytori Therapeutics, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 6.6 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve a defaulting or breaching party from any Party hereto Liability resulting from liability for any willful default or breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Red Lion Hotels CORP)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) IX and Article X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Concierge Technologies Inc), Asset Purchase Agreement (Concierge Technologies Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and of no further force and effect and there shall be no liability on the part of any Party hereto except: except (a) as set forth in this Article IXVIII, Section 5.2(b) 6.04 and Article X hereof; and shall survive termination of this Agreement and (b) that nothing herein shall relieve any Party hereto from liability for any willful intentional breach of any provision hereofhereof or for actual fraud (for which all applicable legal and equitable remedies shall remain available).

Appears in 2 contracts

Sources: Transaction Agreement, Transaction Agreement (Starbucks Corp)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) 5.1 and Article X VII hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Cerecor Inc.), Asset Purchase Agreement (Cerecor Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleARTICLE IX, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article Section 5.06, ARTICLE IX, Section 5.2(b) and Article X hereofARTICLE X; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Appliance Recycling Centers of America Inc /Mn), Merger Agreement (Appliance Recycling Centers of America Inc /Mn)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) except that nothing herein shall relieve any Party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Point of Care Nano-Technology, Inc.), Asset Purchase Agreement (Marizyme Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) ARTICLE VIII and Article X ARTICLE IX hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interests Purchase Agreement (Cannapharmarx, Inc.), Investment Agreement (Venaxis, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleSection 8.1, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in Section 5.4, this Article IX, Section 5.2(b) VIII and Article X hereofIX; and (b) that nothing herein shall relieve any Party hereto from liability for any intentional, willful and material breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement, Membership Interest Purchase Agreement (VivoPower International PLC)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, 7 and Section 5.2(b) 6.10 and Article X 9 hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Oragenics Inc), Asset Purchase Agreement (Odyssey Health, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle VIII, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) VIII and Article X hereofIX; and (b) that nothing herein shall relieve any Party hereto from liability for any fraud, intentional misrepresentation, willful misconduct, or willful breach of any provision hereofof this Agreement.

Appears in 2 contracts

Sources: Equity Purchase Agreement (Cannabist Co Holdings Inc.), Equity Purchase Agreement (Verano Holdings Corp.)

Effect of Termination. In Without limiting any other relief to --------------------- which either party hereto may be entitled for breach of this Agreement, in the event of the termination and abandonment of this Agreement in accordance with this Articlepursuant to the provisions of Section 9.01 hereof, no party to this Agreement shall forthwith become void have any further liability or obligation in respect of this Agreement, except for (A) liability of a party for expenses pursuant to Section 11.02 hereof, and there shall be no liability on (B) the part provisions of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) that nothing herein hereof shall relieve any Party hereto from liability for any willful breach of any provision hereofremain applicable.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Southwest Securities Group Inc), Agreement and Plan of Reorganization (Bok Financial Corp Et Al)

Effect of Termination. In the event of the termination --------------------- of this Agreement in accordance with and the abandonment of the transactions contemplated hereby pursuant to this ArticleArticle VI, this Agreement shall forthwith thereafter become void and there have no effect, and no party hereto shall be no have any liability on the part of to any Party hereto except: (a) as set forth in this Article IXother party hereto, Section 5.2(b) and Article X hereof; and (b) except that nothing herein shall relieve any Party hereto party from liability for any willful breach of any provision hereofthis Agreement.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Banctec Inc), Securities Purchase Agreement (Banctec Inc)

Effect of Termination. In the event of the a termination of this Agreement in accordance with pursuant to this ArticleArticle VIII, this Agreement shall forthwith become void and there shall be of no effect, with no liability to any Person on the part of any Party party hereto except: (aor of any of its Representatives or Affiliates), provided, that (x) as set forth in this Article IX, the provisions of Section 5.2(b5.9 (Confidentiality) and Section 5.10 (Public Announcement) hereof, this Section 8.2, Article X hereof; and hereof and relevant definitional provisions of Article I hereof shall survive any termination of this Agreement, and (by) that nothing herein shall relieve any Party party hereto from any liability for any willful breach of any provision hereofor damages to the other party hereto accrued prior to such termination.

Appears in 2 contracts

Sources: Share Purchase Agreement (Kongzhong Corp), Share Purchase Agreement (Right Advance Management Ltd.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto or Non-Party Affiliate except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 5.06 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any intentional or willful breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (BurgerFi International, Inc.), Stock Purchase Agreement (BurgerFi International, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with pursuant to this ArticleArticle V, this Agreement shall forthwith become void and there shall be no void, without liability on the part of any Party hereto except: (a) as set forth in this Article IXparty hereto, Section 5.2(b) and Article X hereof; and (b) except that nothing herein shall relieve any Party hereto party from liability for any willful breach of any provision hereofthis Agreement.

Appears in 2 contracts

Sources: Securities Purchase and Exchange Agreement (Aurora Electronics Inc), Securities Purchase and Exchange Agreement (Cerplex Group Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle X, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, X and Section 5.2(b) 6.7 and Article X XI hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Techne Corp /Mn/)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle IX, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) 6.06 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (VOXX International Corp), Asset Purchase Agreement (VOXX International Corp)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article ARTICLE IX, Section 5.2(b5.02(b) and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Abeona Therapeutics Inc.), Merger Agreement (Abeona Therapeutics Inc.)

Effect of Termination. In the event of the termination of If this Agreement is terminated in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 5.06 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Air Industries Group), Stock Purchase Agreement (Cpi Aerostructures Inc)

Effect of Termination. In the event of the termination of this Agreement as provided in accordance with this ArticleArticle V, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereofeither party; and (b) provided that nothing herein shall relieve either party from any Party hereto from liability for or obligation with respect to any willful breach of any provision hereofthis Agreement.

Appears in 2 contracts

Sources: Purchase Agreement (Enstar Group LTD), Purchase Agreement (Enstar Group LTD)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article ARTICLE IX, Section 5.2(b) 5.06 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (reAlpha Tech Corp.), Stock Purchase Agreement (Security National Financial Corp)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle 10, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) 10 and Article X hereof11; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (Titan Environmental Solutions Inc.), Equity Interest Purchase Agreement (Traqiq, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) ARTICLE VIII and Article X ARTICLE IX hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereofhereof or actual fraud.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Splash Beverage Group, Inc.), Asset Purchase Agreement (OMNIQ Corp.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE X and Section 5.2(b) 7.05 and Article X hereof; andARTICLE XIII (b) that nothing herein shall relieve any Party party hereto from liability Liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, X and Section 5.2(b) 6.16 and Article X XI hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach or material breach of any provision hereof, or for fraud or criminal misconduct.

Appears in 2 contracts

Sources: Share Purchase Agreement (Xenetic Biosciences, Inc.), Share Purchase Agreement (Xenetic Biosciences, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle VI, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in except that Section 4.9, this Article IX, Section 5.2(b) VI and Article X hereof; and (b) VIII hereof shall survive such termination, and that nothing herein shall relieve any Party hereto from liability for any failure to close when required hereunder, for fraud, willful misconduct or intentional misrepresentation or for any breach of any provision hereofhereof occurring prior such termination.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Chefs' Warehouse, Inc.), Merger Agreement (Chefs' Warehouse, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle IX, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) IX and Article X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach or material breach of any provision hereof, or for fraud or criminal misconduct.

Appears in 2 contracts

Sources: Assignment and Exchange Agreement (Adhera Therapeutics, Inc.), Assignment and Exchange Agreement (Biodexa Pharmaceuticals PLC)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: party except (a) as set forth in Section 5.2(b), this Article IX, Section 5.2(b) IX and Article X hereof; and X, and (b) that nothing herein shall relieve any Party hereto party from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Merger Agreement, Merger Agreement (Quality Systems, Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) 5.07 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (Green Thumb Industries Inc.), Membership Interest Purchase Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Articleas provided herein, this Agreement shall forthwith become void and there shall be no liability under this Agreement on the part of any Party either party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) except that nothing herein shall relieve any Party hereto either party from liability for any willful breach of this Agreement that occurred before such termination and the terms of ARTICLE VIII shall survive any provision hereofsuch termination.

Appears in 2 contracts

Sources: Stock Purchase Agreement (China Investment Corp), Stock Purchase Agreement (Aes Corp)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleAgreement, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto or its Representatives or Affiliates except: (a) as set forth in this Article IX, Section 5.2(b) Sections 5.07(h), and 5.11, and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (CompuCredit Holdings Corp), Asset Purchase Agreement (Advance America, Cash Advance Centers, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle XII, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IXXII, Section 5.2(b8.05(b) and Article X XIII hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Business Combination Agreement (MedMen Enterprises, Inc.), Business Combination Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and XI or Article X hereofXII; and (b) that nothing herein shall relieve any Party party hereto from liability for any fraud, intentional misrepresentation or willful breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Urban-Gro, Inc.), Stock Purchase Agreement (Urban-Gro, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle 8, this Agreement shall forthwith become void have no further force or effect and there shall be no liability on the part of any Party party hereto except: (a) as As set forth in Sections 2.2(d), 2.2(e) and 2.2(e); (b) As set forth in Article 7, this Article IX8, Article 9 and the provisions set out herein that expressly survive termination, including but not limited to Section 5.2(b) and Article X hereof3.1; and (bc) that That nothing herein shall relieve any Party party hereto from liability for any willful wilful breach of any provision hereof.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, VIII and Section 5.2(b) 5.03 and Article X IX hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (MamaMancini's Holdings, Inc.), Asset Purchase Agreement (MamaMancini's Holdings, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) IX and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (United Insurance Holdings Corp.), Merger Agreement (United Insurance Holdings Corp.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IX, Section 5.2(b) IX and Article X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Intellectual Property Purchase Agreement (Airborne Wireless Network), Intellectual Property Purchase Agreement (Airborne Wireless Network)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle IX, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) IX and Article X hereofSections 10.2 through 10.12; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Paltalk, Inc.), Asset Purchase Agreement (PeerStream, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) VIII and Article X IX hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach or material breach of any provision hereof, or for fraud or criminal misconduct.

Appears in 2 contracts

Sources: Assignment Agreement (Xenetic Biosciences, Inc.), Assignment Agreement (Xenetic Biosciences, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IXX, Section 5.2(b6.02(b) and Article X XI hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Asure Software Inc), Agreement and Plan of Merger (Lime Energy Co.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleAgreement, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 6.04 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (American Brewing Company, Inc.), Purchase Agreement (American Brewing Company, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) X and Article X XI hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful wilful breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Contribution Agreement, Stock Contribution Agreement (Apricus Biosciences, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) 5.01 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for fraud or any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (InMed Pharmaceuticals Inc.), Agreement and Plan of Reorganization (InMed Pharmaceuticals Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, ARTICLE IX and Section 5.2(b) 6.05 and Article ARTICLE X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (CLS Holdings USA, Inc.), Membership Interest Purchase Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) VII and Article X VIII hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (American Bio Medica Corp), Stock Purchase Agreement (Ecomat Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) ARTICLE XI and Article X ARTICLE XII hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Travelzoo), Stock Purchase Agreement (Travelzoo)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleARTICLE VIII, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IXSection 6.09, Section 5.2(b) 6.10, this ARTICLE VIII and Article X hereofARTICLE IX; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Adams Michael F), Asset Purchase Agreement (AdvanSource Biomaterials Corp)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto except: (a) as set forth in this Article IXSection 7, Section 5.2(b5.4(b) and Article X hereofSection 8; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Bluephoenix Solutions LTD), Merger Agreement (Bluephoenix Solutions LTD)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement and the Management Agreement shall forthwith become void and there shall be no liability herein or therein on the part of any Party party hereto or thereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X hereof; and (b) that nothing herein shall relieve any Party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Investment Agreement, Investment Agreement

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) 5.9 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for fraud, intentional misrepresentation or any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (Gb Sciences Inc), Membership Interest Purchase Agreement (Gb Sciences Inc)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle VII, this Agreement shall will forthwith become void and there shall will be no liability on the part of any Party party hereto except: (a) except as set forth in this Article IX, Section 5.2(b) VII and Article X hereof; and (b) except that nothing herein shall will relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Merger Agreement (Derma Sciences, Inc.), Merger Agreement (Derma Sciences, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this Article, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) and Article X IX hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful intentional breach of any provision hereof.

Appears in 2 contracts

Sources: Asset Purchase Agreement (TurnKey Capital, Inc.), Asset Purchase Agreement (TurnKey Capital, Inc.)

Effect of Termination. In the event of the termination of If this Agreement in accordance with is terminated pursuant to this ArticleArticle XII, this Agreement shall forthwith will immediately become void and there shall will be no liability on the part of any Party hereto except: (a) as set forth in this Article IXXII, Section 5.2(b) 9.11, Section 9.12 and Article X hereofXIII; and (b) that nothing herein shall in this Agreement will relieve any Party hereto from liability for any material and willful breach of any provision hereofof this Agreement.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Schulman a Inc), Asset Purchase Agreement (Ferro Corp)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleAgreement, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, IX and Section 5.2(b) 5.6 and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 2 contracts

Sources: Membership Interest Purchase Agreement (Graymark Healthcare, Inc.), Membership Interest Purchase Agreement (Graymark Healthcare, Inc.)

Effect of Termination. In the event of the termination of this Agreement in accordance with this ArticleArticle IX, this Agreement shall forthwith become void and there shall be no liability on the part of any Party party hereto except: (a) as set forth in this Article IX, Section 5.2(b) IX and Article X hereof; and (b) that nothing herein shall relieve any Party party hereto from liability for any willful breach of any provision hereof.

Appears in 1 contract

Sources: Merger Agreement (Cross Country Healthcare Inc)