Common use of Effect of Termination Clause in Contracts

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 11 contracts

Sources: Acquisition Agreement (It&e International Group), Acquisition Agreement (Clinical Trials Assistance Corp), Acquisition Agreement (Clinical Trials Assistance Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01Agreement, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than Parent or the applicable Shareholders, except that (a) the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section 4.02 and Article V shall survive termination and (b) nothing herein shall relieve any party from liability for any intentional and material breach of the representations, warranties, covenants this Agreement or agreements set forth in this Agreementfor fraud.

Appears in 11 contracts

Sources: Voting Agreement (Blackstone Holdings III L.P.), Voting Agreement (Blackstone Holdings III L.P.), Voting Agreement (Fidelity National Financial, Inc.)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent Company, as provided in Section 7.018.1, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation hereunder on the part of the Company, Parent, Sub or the Company, other than the provisions of their respective officers or directors (except for the last sentence of Section 5.02(a) 6.2 and this the entirety of Section 7.02. Nothing 6.4, which shall survive the termination); provided, however, that nothing contained in this Section 8.2 shall relieve any party hereto from any liability for any breach of the representations, warranties, covenants a representation or agreements set forth warranty contained in this Agreement, the breach of any covenant contained in this Agreement or for fraud.

Appears in 8 contracts

Sources: Merger Agreement (Verio Inc), Merger Agreement (Smith & Nephew Holdings Inc), Merger Agreement (Exogen Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or the Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of the Parent, the Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a5.01(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 6 contracts

Sources: Merger Agreement (Designer Export, Inc), Merger Agreement (SN Strategies Corp.), Merger Agreement (China Executive Education Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany under this Agreement, other than the provisions of Section 3.01(s), the last penultimate sentence of Section 5.02(a) and 5.02, Section 5.06, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 6 contracts

Sources: Merger Agreement (Closure Medical Corp), Merger Agreement (Pioneer Companies Inc), Merger Agreement (Olin Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.20, Section 4.11, the last sentence of Section 5.02(a) and 6.02, Section 6.07, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the representationsrepresentation, warranties, covenants warranty or agreements covenant set forth in this Agreement.

Appears in 6 contracts

Sources: Merger Agreement (Coast Hotels & Casinos Inc), Stockholders Agreement (Coast Hotels & Casinos Inc), Stockholders Agreement (Boyd Gaming Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the Company, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 5 contracts

Sources: Stock Purchase Agreement (Aspen Racing Stables. Inc.), Stock Purchase Agreement (Aspen Racing Stables. Inc.), Stock Purchase Agreement (Rub a Dub Soap Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the Company, other than that the provisions of the last sentence of Section 5.02(a) and 5.8, this Section 7.02. Nothing contained in this 7.2 and Article VIII shall survive such termination, provided, however, that nothing herein (including the payment of any amounts pursuant to Section 5.8 hereof) shall relieve any party from any liability for any willful breach by a party of the any of its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Mafco Holdings Inc), Agreement and Plan of Merger (Golden State Bancorp Inc), Merger Agreement (Ford Gerald J)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(u), the last sentence two sentences of Section 5.02(a) and 5.02, Section 5.06, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII; provided, however, that no such termination shall relieve any party for hereto from any liability or damages resulting from a wilful breach by a party of the any of its representations, warranties, warranties or covenants or agreements set forth in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Us Airways Inc), Merger Agreement (Ual Corp /De/), Merger Agreement (Ual Corp /De/)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Parent and Merger Sub or the Company, other than except that (a) the provisions of the last sentence of Section 5.02(a) and 7.1, Section 7.2, this Section 7.02. Nothing contained in this Section 7.3 and Article VIII shall survive termination and (b) nothing herein shall relieve any party from liability for any willful breach of the representations, warranties, covenants this Agreement or agreements set forth in this Agreementfor fraud.

Appears in 4 contracts

Sources: Merger Agreement (Watchguard Technologies Inc), Merger Agreement (Smithkline Beecham Corp), Merger Agreement (Onyx Software Corp/Wa)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and 6.6, Section 6.7, this Section 7.02. Nothing contained in this Section 8.2 and Article 9; provided, however, that no such termination shall relieve any party for Party from any liability or damages resulting from an intentional or willful breach or intentional or willful failure to perform by a Party of the any of its representations, warranties, covenants or other agreements set forth in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (QRS Corp), Merger Agreement (QRS Corp), Merger Agreement (QRS Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or the Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of the Parent, Sub the Purchaser or the Company, other than (except for any liability of any party then in willful material breach of any covenant or agreement); provided that the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained 8.2 and Section 8.3 of this Agreement will continue in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreementfull force and effect notwithstanding such termination and abandonment.

Appears in 4 contracts

Sources: Merger Agreement (Northrop Grumman Corp /De/), Merger Agreement (Newport News Shipbuilding Inc), Merger Agreement (General Dynamics Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.14, the last sentence of Section 5.02(a) and 6.02, Section 6.07, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the representationsrepresenta tion, warranties, covenants warranty or agreements covenant set forth in this any Transaction Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Genovese Drug Stores Inc), Merger Agreement (Penney J C Co Inc), Merger Agreement (Penney J C Co Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent or Purchaser as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub the Purchaser or the Company, other than the provisions of Section 3.1(p), 4.1(f), the last sentence of Section 5.02(a) and 5.2, this Section 7.02. Nothing contained in this Section shall relieve 7.2 and Article VIII and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (First Alert Inc), Merger Agreement (Sunbeam Corp/Fl/), Merger Agreement (First Alert Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(s), Section 3.02(f), the last penultimate sentence of Section 5.02(a) and 5.02, Section 5.06, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which provisions shall relieve survive such termination, and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Overseas Shipholding Group Inc), Merger Agreement (Millipore Corp /Ma), Merger Agreement (Serologicals Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(w), the last penultimate sentence of Section 5.02(a) and 5.02, Section 5.06, this Section 7.02. Nothing contained in this Section 7.02 and Article 8, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (International Speedway Corp), Merger Agreement (Speedway Motorsports Inc), Merger Agreement (Action Performance Companies Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.019.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 4.15, Section 5.04, the last sentence of Section 5.02(a) and 7.02, Section 7.07, this Section 7.02. Nothing contained in this Section shall relieve 9.02 and Article IX and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreementthe Operative Agreements.

Appears in 4 contracts

Sources: Merger Agreement (Duty Free International Inc), Merger Agreement (Baa PLC /Fi), Merger Agreement (Duty Free International Inc)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent Company, as provided in Section 7.017.1, this Agreement shall forthwith become void terminate and have there shall be no effect, without any liability or obligation hereunder on the part of the Company, Parent, Sub or the Company, other than the provisions of their respective officers or directors (except for the last sentence of Section 5.02(a) 5.3 and this the entirety of Section 7.02. Nothing 5.6, which shall survive the termination); provided, however, that nothing contained in this Section 7.2 shall relieve any party hereto from any liability for any willful breach of a representation or warranty contained in this Agreement or the representations, warranties, covenants or agreements set forth breach of any covenant contained in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Proffitts Inc), Merger Agreement (Proffitts Inc), Merger Agreement (Carson Pirie Scott & Co /Il/)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.14, Section 4.15, the last sentence of Section 5.02(a) and 6.02(a), Section 6.05, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the representationsrepresentation, warranties, covenants warranty or agreements covenant set forth in this Agreement.

Appears in 4 contracts

Sources: Agreement and Plan of Merger (Millstream Acquisition Corp), Agreement and Plan of Merger (GRH Holdings, L.L.C.), Merger Agreement (Millstream Acquisition Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(s), the last penultimate sentence of Section 5.02(a) and 5.02, Section 5.06, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which provisions shall relieve survive such termination, and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Johnson & Johnson), Merger Agreement (Orapharma Inc), Merger Agreement (Heartport Inc)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent Company, as provided in Section 7.018.1, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation hereunder on the part of Parent, Sub or the Company, other than the provisions of Parent, Merger Sub or their respective officers or directors (except for the last sentence of Section 5.02(a) 6.5 and the entirety of this Section 7.02. Nothing 8.2, Section 8.3 and Article IX, which shall survive the termination); provided, however, that nothing contained in this Section 8.2 shall relieve any party hereto from any liability for any willful and material breach of the representationsa representation, warranties, covenants warranty or agreements set forth covenant contained in this Agreement.

Appears in 4 contracts

Sources: Merger Agreement (Blackbaud Inc), Merger Agreement (Convio, Inc.), Merger Agreement (Kintera Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of Sections 2.19, 3.10, the last penultimate sentence of Section 5.02(a) 5.02, 5.12, 8.02 and 8.07 hereof, and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Axys Pharmaceuticals Inc), Merger Agreement (Axys Pharmaceuticals Inc), Merger Agreement (Applera Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company Seller, Buyer or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Buyer, or the CompanySeller, other than the provisions of the last sentence of in accordance with or as provided in Section 5.02(a) and 7.2, this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement7.3 and Article 8.

Appears in 3 contracts

Sources: Merger Agreement (Westbrook Real Estate Partners LLC), Merger Agreement (Alter Robert A), Merger Agreement (Sunstone Hotel Investors Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of the last sentence three sentences of Section 5.02(a5.3(b) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representationsSections 7.2, warranties, covenants or agreements set forth in this Agreement7.3 and 8.

Appears in 3 contracts

Sources: Merger Agreement (Egan Charles), Agreement and Plan of Merger (Sherrill Stephen), Merger Agreement (Cort Business Services Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.14, Section 4.14, the last sentence of Section 5.02(a) and 6.02, Section 6.07, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the representationsrepresentation, warranties, covenants warranty or agreements covenant set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (WPS Resources Corp), Merger Agreement, Merger Agreement (Peoples Energy Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company Subsidiary or Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have no effect, without any further liability or obligation on the part of Parent, Sub Parent or the Company, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this AgreementSubsidiary.

Appears in 3 contracts

Sources: Preferred Stock Purchase Agreement (Computer Software Innovations Inc), Merger Agreement (Verticalbuyer Inc), Merger Agreement (Computer Software Innovations Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(v), the last sentence of Section 5.02(a) and ), Section 5.06, this Section 7.02. Nothing contained in this Section shall relieve any party 7.02 and Article VIII and except for any material, intentional breach by a party of the any of its representations, warranties, covenants or agreements set forth in this AgreementAgreement (which material breach and liability therefor shall not be affected by termination of this Agreement or any payment of the Termination Fee pursuant to Section 5.06(b)).

Appears in 3 contracts

Sources: Merger Agreement (Netezza Corp), Merger Agreement (International Business Machines Corp), Merger Agreement (Unica Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.019.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the CompanyCompany or their directors, officers or stockholders, under this Agreement, other than the provisions of the last sentence of Section 5.02(a) and 7.02(b), Section 7.05, this Section 7.02. Nothing contained in this Section 9.02 and Article X, which provisions shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreementsurvive such termination.

Appears in 3 contracts

Sources: Merger Agreement (Cybex International Inc), Merger Agreement (Synergx Systems Inc), Merger Agreement (Firecom Inc)

Effect of Termination. In the event of termination of If this Agreement by either is terminated and the Company or Parent as provided in Mergers are abandoned pursuant to Section 7.019.1, this Agreement shall forthwith become void and have no effect, without any liability Liability or obligation on the part of Parent, Sub MTI or the CompanyEVI, other than the provisions of the last sentence of Section 5.02(a) 7.3(b), Section 9.2, Section 9.3 and this Section 7.02. Nothing contained in this Section shall relieve any party Article X and except for any material breach by a party of the any of its representations, warranties, covenants or agreements set forth in this Agreement, which material breach and Liability therefor shall not be affected by termination of this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Ehave, Inc.), Merger Agreement (Ei. Ventures, Inc.), Merger Agreement (Mycotopia Therapies, Inc.)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent Company, as provided in Section 7.017.1, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation hereunder on the part of the Company, Parent, Sub or the Company, other than the provisions of their respective officers or directors (except for the last sentence of Section 5.02(a) 5.4 and this the entirety of Section 7.02. Nothing 5.7, which shall survive the termination); provided, however, that nothing contained in this Section 7.2 shall relieve any party hereto from any liability for any willful breach of a representation or warranty contained in this Agreement or the representations, warranties, covenants or agreements set forth breach of any covenant contained in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Ciena Corp), Merger Agreement (Tellabs Inc), Merger Agreement (Conseco Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Parent and Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) 6.12, Section 8.1, Section 8.2 and this Section 7.02. Nothing contained in this Section shall relieve 8.3 and except to the extent that such termination results from a breach by a party of any party for any breach of the representations, warranties, its covenants or agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Ivillage Inc), Merger Agreement (Ivillage Inc), Merger Agreement (Promotions Com Inc)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parentany party or its directors, Sub officers or the Companystockholders, other than the provisions of the last sentence of Section 5.02(a) and 5.3(b), this Section 7.02. Nothing contained in this 7.2, Section shall relieve 7.3 and Section 8.9, which provisions will survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or other agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Talley Manufacturing & Technology Inc), Merger Agreement (Score Acquisition Corp), Agreement and Plan of Merger (Talley Industries Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in pursuant to Section 7.017.1, all rights and obligations under this Agreement shall forthwith become void terminate (except for the provisions of Sections 5.2(b) and have 8.2), and there shall be no effect, without any other liability or obligation on the part of Parent, Sub Parent or ASARCO to the Company, other than the provisions except liability arising out of the last sentence of Section 5.02(a) a willful and this Section 7.02. Nothing contained in this Section shall relieve any party for any material breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Phelps Dodge Corp), Merger Agreement (Phelps Dodge Corp), Merger Agreement (Asarco Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a5.01(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Premier Document Services Inc), Merger Agreement (Rodobo International Inc), Merger Agreement (American Construction Co)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub Parent or the CompanyCompany or their respective officers or directors; provided, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section however, that nothing herein shall relieve any party from liability for any the willful breach of the any of its representations, warranties, covenants or agreements set forth in this AgreementAgreement arising prior to the Termination Date.

Appears in 3 contracts

Sources: Agreement and Plan of Merger, Merger Agreement (Airxcel Inc), Agreement and Plan of Merger (Great Lakes Dredge & Dock Corp)

Effect of Termination. Section 7.2.1 In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub Parent or the CompanyCompany or their respective subsidiaries, other than the provisions officers or directors except (A) with respect to Section 2.8, Section 5.3, Section 5.7, this Section 7.2 and Article 8 and (B) with respect to any liabilities or damages incurred or suffered by a party as a result of the last sentence breach by another party of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the its representations, warranties, covenants or other agreements set forth in this Agreement or any Ancillary Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Xyratex LTD), Merger Agreement (Nstor Technologies Inc), Merger Agreement (Xyratex LTD)

Effect of Termination. In the event of a ---------------------- termination of this Agreement by either the Company or Parent as provided in Section 7.019.01, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany or their respective officers or directors, other than the provisions of except with respect to the last sentence of Section 5.02(a) and 1.02(c), Section 4.18, Section 5.06, the last sentence of Section 7.02, Section 7.05, this Section 7.02. Nothing contained in this Section 9.02 and Article X; provided, -------- however, that nothing herein shall relieve any party for liability for any ------- breach of the representations, warranties, covenants or agreements set forth in this Agreementhereof.

Appears in 3 contracts

Sources: Merger Agreement (Curtis Helene Industries Inc /De/), Merger Agreement (Curtis Helene Industries Inc /De/), Agreement and Plan of Merger (Conopco Acquisition Co Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company Seller, Buyer or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Buyer, or the CompanySeller, other than the provisions of the last sentence of in accordance with Section 5.02(a) and 7.2, this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement7.3 and Article 8.

Appears in 3 contracts

Sources: Merger Agreement (Berkshire Companies Limited Partnership), Merger Agreement (Blackstone Real Estate Acquisitions Iii LLC), Merger Agreement (Goldman Sachs Group Lp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(aSections 5.5(a) and 5.5(b), this Section 7.02. Nothing contained in this Section 7.2 and Article 8; provided, however, that no such termination shall relieve any party for Party from any liability or damages resulting from an intentional or willful breach or intentional or willful failure to perform by a Party of the any of its representations, warranties, covenants or other agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Virage Inc), Merger Agreement (Autonomy Corp PLC), Merger Agreement (Virage Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and 5.02, Section 5.07, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which provisions shall survive such termination; provided, however, that nothing herein shall relieve any party the Company, Parent or Sub from liability for any willful breach of the any of its representations, warranties, covenants or agreements set forth in this AgreementAgreement prior to such termination.

Appears in 3 contracts

Sources: Merger Agreement (Teleflex Medical Inc), Merger Agreement (Teleflex Inc), Merger Agreement (Arrow International Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the CompanyCompany under this Agreement, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this 8.2, Section 8.3, Section 8.4 and Article IX, which provisions shall survive such termination; provided, however, that no such termination shall relieve any party for hereto from any liability or damages resulting from the willful breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement, Agreement and Plan of Merger (Pixar \Ca\), Merger Agreement (Walt Disney Co/)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of pursuant to the last sentence of Section 5.02(a) and 6.2, Section 6.7, this Section 7.02. Nothing contained 8.2 and Article IX, other than liability for damages incurred in this Section shall relieve the event of a breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this AgreementAgreement or any of the Company Ancillary Agreements except as provided in Section 6.7(c).

Appears in 3 contracts

Sources: Merger Agreement (Symantec Corp), Merger Agreement (Quarterdeck Corp), Merger Agreement (Quarterdeck Corp)

Effect of Termination. In the event of a termination of this the Agreement by either the Company or Parent as provided in Section 7.019.01, this the Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany or their respective officers or directors, other than the provisions of except with respect to the last sentence of Section 5.02(a) and 1.02(c), Section 4.16, Section 5.06, the last sentence of Section 7.02, Section 7.06, this Section 7.02. Nothing contained in this Section 9.02 and Article X; provided, however, that nothing herein shall relieve any party for liability for any breach of the representations, warranties, covenants or agreements set forth in this Agreementhereof.

Appears in 3 contracts

Sources: Merger Agreement (Peak Technologies Group Inc), Merger Agreement (Integrated Health Services Inc), Merger Agreement (Kirkwood Acquisition Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the CompanyCompany or their respective officers or directors, other than except as set forth in Section 5.5(d), Section 7.5 and Article VIII which shall survive termination and except to the provisions extent that such termination results from the breach by a party of the last sentence any of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Macdonald James L), Merger Agreement (Photronics Inc), Merger Agreement (Align Rite International Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and ), Section 5.06, this Section 7.02. Nothing contained in this , Section 7.03 and Article VIII; provided, however, that no such termination shall relieve any party for hereto from any liability or damages resulting from a wilful breach by a party of the any of its representations, warranties, warranties or covenants or agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (American Water Works Company, Inc.), Merger Agreement, Merger Agreement (Rwe Aktiengesellschaft /Adr/)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Parent and Merger Sub or the Company, other than except that (a) the provisions of the last sentence of Section 5.02(a) and 7.1, Section 7.2, this Section 7.02. Nothing contained in this Section 7.3 and Article VIII shall survive such termination and (b) nothing herein shall relieve any party from liability for specific performance or damages for any material breach of the representations, warranties, covenants this Agreement or agreements set forth for fraud in connection with this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (AMICAS, Inc.), Merger Agreement (Merge Healthcare Inc), Merger Agreement (AMICAS, Inc.)

Effect of Termination. In the event of termination of this Agreement by either the Company Company, Parent or Parent Purchaser as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Purchaser or the Company, other than the provisions of the last sentence of Section 5.02(a) and 5.02, Section 5.05, Section 5.08, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which provisions survive such termination; provided, however, that nothing herein shall relieve any party from any liability for any willful and material breach by such party of the any of its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 3 contracts

Sources: Agreement and Plan of Merger (Golden State Vintners Inc), Agreement and Plan of Merger (Golden State Vintners Inc), Merger Agreement (Golden State Vintners Inc)

Effect of Termination. In the event of a termination of this Agreement by either the Company or Parent as provided in Section 7.019.01, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany or their respective officers or directors, other than the provisions of except with respect to the last sentence of Section 5.02(a) and 1.02(c), Section 4.18, Section 5.06, Section 7.05, this Section 7.02. Nothing contained in this Section 9.02 and Article X; provided, however, that nothing herein shall relieve any party for liability for any breach of the representations, warranties, covenants or agreements set forth in this Agreementhereof.

Appears in 3 contracts

Sources: Merger Agreement (Graphic Industries Inc), Merger Agreement (Wallace Computer Services Inc), Agreement and Plan of Merger (Wallace Computer Services Inc)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, Parent or Merger Sub, other than the provisions of the last sentence of Section 5.02(a) and 6.02(a), the last sentence of Section 6.02(b), Section 6.06, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall survive such termination, and no such termination shall relieve any party from any liability for any fraud, intentional misrepresentation or intentional breach of the representations, warranties, covenants any covenant or agreements agreement set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Martin Marietta Materials Inc), Merger Agreement (Texas Industries Inc), Merger Agreement (Martin Marietta Materials Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and 6.02, Section 6.07, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the representationsrepresentation, warranties, covenants warranty or agreements covenant set forth in this Agreement.

Appears in 3 contracts

Sources: Merger Agreement (Whirlpool Corp /De/), Merger Agreement (Whirlpool Corp /De/), Merger Agreement (Whirlpool Corp /De/)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.019.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Purchaser or the Company, other than the provisions of Section 4.22 [Brokers], Section 5.08 [Brokers], the last sentence of Section 5.02(a) and 7.02 [Confidentiality], Section 7.08 [Fees], this Section 7.02. Nothing contained in this Section shall relieve 9.02 and Article X and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the representations, warranties, its covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Ebv Electronics Inc), Merger Agreement (Wyle Electronics)

Effect of Termination. In the event of termination of this Agreement by either the Company LLC or Parent as provided in Section 7.019.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the CompanyLLC, other than the provisions of the last sentence of Section 5.02(a8.02 (a) and this Section 7.029.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Acquisition Agreement (Adrenalina), Acquisition Agreement (Basic Services, Inc.)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall will forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and Confidentiality Agreement, this Section 7.02. Nothing contained in this 7.2, Section 7.3 and Article VIII, which provisions shall survive such termination; provided, however, that nothing herein will relieve any party from any liability for any willful and material breach by such party of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (May Department Stores Co), Merger Agreement (Linens N Things Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.015.01, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of ParentParent Bank or Company Bank or their respective officers or directors, Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements except as set forth in this the Parent Merger Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Cn Bancorp Inc), Merger Agreement (Sandy Spring Bancorp Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the Company, other than the provisions of Section 3.2(o), Section 3.3(k), the last sentence of Section 5.02(a) and 5.4, Section 5.8, this Section 7.02. Nothing contained in this Section shall relieve 7.2 and Article VIII, which provisions survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Williams Companies Inc), Merger Agreement (Mapco Inc)

Effect of Termination. In the event of a termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany or their respective officers or directors, other than the provisions of except with respect to Section 3.22, Section 4.06, the last sentence of Section 5.02(a) and 6.02, Section 6.05, this Section 7.02. Nothing contained in this Section 8.02 and Article IX; provided, however, that nothing herein shall relieve any party for liability for any breach of the representations, warranties, covenants or agreements set forth in this Agreementhereof.

Appears in 2 contracts

Sources: Merger Agreement (Chicago Dock & Canal Trust), Merger Agreement (Chicago Dock & Canal Trust)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and 3.14, Section 4.06, this Section 7.02. Nothing contained in this Section shall relieve 8.02 and Article IX, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Consol Inc), Merger Agreement (Rochester & Pittsburgh Coal Co)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the second to last sentence of Section 5.02(a) and 6.02, Section 6.06, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall survive such termination, and no such termination shall relieve any party from any liability for any breach fraud or Knowing and Intentional Breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Penn Virginia Corp), Merger Agreement (Denbury Resources Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and 5.02, Section 5.06, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which provisions shall survive such termination; provided, however, that nothing herein shall relieve any party the Company, Parent or Sub from liability for any willful and material breach of the any of its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Share Exchange Agreement (Millipore Corp /Ma), Share Exchange Agreement (Millipore Corp /Ma)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the Company, other than the provisions of Section 3.01(p), Section 3.02(k), the last sentence of Section 5.02(a) and 5.03, Section 5.08, this Section 7.02. Nothing contained in this Section shall relieve 7.02 and Article VIII, which provisions survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement, including Section 4.02.

Appears in 2 contracts

Sources: Merger Agreement (McLeodusa Inc), Merger Agreement (Caprock Communications Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the confidentiality provisions of Section 5.4 and the last sentence provisions of Section 5.02(a) Sections 5.8, 8.2, 8.3 and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this AgreementArticle IX.

Appears in 2 contracts

Sources: Merger Agreement (Camco International Inc), Merger Agreement (Camco International Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no further force or effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Aki Inc), Merger Agreement (Von Hoffmann Holdings Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(r), the last second sentence of Section 5.02(a) and 5.04, Section 5.08, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which provisions shall relieve survive such termination, and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement, including Section 4.02.

Appears in 2 contracts

Sources: Merger Agreement (Collateral Therapeutics Inc), Merger Agreement (Collateral Therapeutics Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall Agreement, other than the provisions of Section 4.01(k), Section 4.02(j), Section 6.02, Section 6.06, this Section 8.02 and Article IX, will forthwith become void and have no effect, without any liability or obligation on the part of ParentSub, Sub Parent or the Company, other than except to the provisions extent that such termination results from the willful and material breach by a party of the last sentence any of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Dynamics Corp of America), Agreement and Plan of Merger (CTS Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany or their respective affiliates, other than officers, directors or shareholders except (i) with respect to this Section 8.2, the provisions of the last second sentence of Section 5.02(a6.2, and Section 6.4, and (ii) and this Section 7.02. Nothing contained in this Section shall relieve to the extent that such termination results from the material breach by a party hereto of any party for any breach of the representations, its representations or warranties, or of any of its covenants or agreements agreements, in each case, as set forth in this AgreementAgreement except as provided in Section 9.7.

Appears in 2 contracts

Sources: Merger Agreement (Triad Systems Corp), Merger Agreement (Cooperative Computing Inc /De/)

Effect of Termination. In the event of a termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany or their respective officers or directors, other than the provisions except with respect to any breach of any provision of this Agreement prior to such termination and except that the last sentence of Section 5.02(a) 6.02 and this Section 7.02. Nothing contained all of Sections 6.05 and 6.06 shall continue in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreementeffect.

Appears in 2 contracts

Sources: Merger Agreement (Zurich Reinsurance Centre Holdings Inc), Merger Agreement (Zurich Insurance Co)

Effect of Termination. In the event of termination of this Agreement by either the Company Companies or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Companyany party, other than the provisions of the last sentence of Section 5.02(a) 5.04(a), Section 5.08, Section 5.13 and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.Section

Appears in 2 contracts

Sources: Merger Agreement (Global Crossing LTD), Merger Agreement (Global Crossing Holdings LTD)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any further liability or obligation on the part of Parent, Sub or the Company, or any director, officer, employee or stockholder thereof, other than the confidentiality provisions of Sections 5.2(b) and (c) and the provisions of Sections 3.1(i), 3.2(d), 5.6, 7.3, 8.2, 8.3, the proviso of the last sentence of Section 5.02(a) 8.1 and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this AgreementArticle IX.

Appears in 2 contracts

Sources: Merger Agreement (El Paso Energy Corp/De), Merger Agreement (Crystal Gas Storage Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany under this Agreement, other than the provisions of Section 3.01(s), the last penultimate sentence of Section 5.02(a) and 5.02, Section 5.06, this Section 7.02. Nothing contained 7.02 and Article VIII, which provisions shall survive such termination, and except in this Section shall relieve the case of fraud by a party or the willful breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Unilever N V), Merger Agreement (Alberto-Culver CO)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the CompanyCompany under this Agreement, other than the provisions of the last sentence of Section 5.02(a) and 1.02(b), the second sentence of Section 6.02(b), this Section 7.02. Nothing contained in this 8.02, Section 8.03 and Article IX, which provisions shall survive such termination indefinitely; provided, however, that no such termination shall relieve any party Party from liability for any breach of the representationsany of its representation, warranties, covenants or agreements set forth in this AgreementAgreement prior to such termination.

Appears in 2 contracts

Sources: Merger Agreement (Cost Plus Inc/Ca/), Merger Agreement (Bed Bath & Beyond Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have no effecteffect (other than the last sentence of Section 6.5, Section 6.12, this Section 8.2 and Section 8.3, which provisions shall survive such termination) without any liability or obligation on the part of Parent, Sub or the Company, other than Parent or Merger Sub or any of their respective Subsidiaries, except in the provisions case of a Willful Breach (which for the last sentence avoidance of Section 5.02(a) and doubt shall not be released by this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement8.2).

Appears in 2 contracts

Sources: Merger Agreement (Markforged Holding Corp), Merger Agreement (Nano Dimension Ltd.)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(u), Section 4.01(e), the last sentence of Section 5.02(a) and 5.02, Section 5.06, this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which shall relieve survive any such termination, and except to the extent that such termination results from a material breach by a party for of any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (International Business Machines Corp), Merger Agreement (Crossworlds Software Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Purchaser or the Company, other than the provisions of the last sentence of Section 5.02(a) and 6.04(c), this Section 7.02. Nothing contained in this 8.02, Section shall relieve 8.03, and Article 9 and except to the extent that such termination results from fraud or from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Raytel Medical Corp), Merger Agreement (Raytel Medical Corp)

Effect of Termination. In the event of termination of this Agreement by --------------------------- either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a5.01(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Bangla Property Management Inc), Merger Agreement (Bangla Property Management Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Parent and Merger Sub or the Company, other than except that the provisions of the last sentence of Section 5.02(a) and 5.7(a), Section 7.1, Section 7.2, this Section 7.02. Nothing contained in this Section 7.3 and Article VIII shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreementsurvive such termination.

Appears in 2 contracts

Sources: Merger Agreement (Sonicwall Inc), Merger Agreement (Sonicwall Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability Liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and 6.02, Section 6.06, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the representationsrepresentation, warranties, covenants warranty or agreements covenant set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Harrahs Entertainment Inc), Merger Agreement (Caesars Entertainment Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) 6.05, Section 8.03, and this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the representationsrepresentation, warranties, covenants warranty or agreements covenant set forth in this Agreement.;

Appears in 2 contracts

Sources: Merger Agreement (Sand Hill It Security Acquisition Corp), Merger Agreement (Sand Hill It Security Acquisition Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effecteffect (other than the provisions of Article 1, Section 6.04 (last sentence only), this Section 8.02, Section 8.03, and Article 9, which shall survive any termination), without any liability or obligation on the part of Parent, Sub Purchaser or the Company, other than except to the provisions extent that such termination results from the breach by a party of the last sentence any of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Lee Enterprises Inc), Merger Agreement (Pulitzer Inc)

Effect of Termination. In the event of termination of ---------------------- this Agreement by either the Company or Parent as provided in Section 7.014.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the Company, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.4.02 and Article V.

Appears in 2 contracts

Sources: Merger Agreement (Primestar Inc), Merger Agreement (Cox Communications Inc /De/)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last penultimate sentence of Section 5.02(a) 6.02(a), Sections 6.05 and 8.02, this Section 7.02. Nothing contained in this Section 8.03 and Article IX, which provisions shall survive such termination; provided that nothing herein shall relieve any party from any liability for any willful breach of the representations, warranties, covenants or agreements set forth in this Agreementhereof.

Appears in 2 contracts

Sources: Merger Agreement (Mgi Pharma Inc), Merger Agreement (Guilford Pharmaceuticals Inc)

Effect of Termination. In the event of termination of If this Agreement is terminated by either the Company or the Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub the Parent or the Company, other than except to the provisions extent that such termination results from the willful and material breach by a party of the last sentence any of Section 5.02(a) and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement. The Confidentiality Agreement, Section 5.8, this Section 7.2 and Article 8 shall survive termination of this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Firepond Inc), Merger Agreement (Firepond Inc)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent as provided in Section 7.019.1, this Agreement shall will forthwith become void and have no effect, without any liability or obligation on the part of the Company or Parent, Sub or the Company, other than the provisions of Section 4.22, Section 5.23, the last sentence of Section 5.02(a) and 7.1, Section 7.9, Section 7.11, this Section 7.02. Nothing contained in this 9.2, Section shall relieve 9.5 and Article X, which provisions will survive such termination; provided, however, that nothing herein relieves any party from any liability for any material breach by such party of the any of its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Andrew Corp), Agreement and Plan of Merger (Allen Telecom Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 4.01(o), Section 4.02(d), the last sentence of Section 5.02(a) and 6.02, Section 6.08, this Section 7.02. Nothing contained in this Section shall relieve 8.02 and Article IX and except to the extent that such termination results from the wilful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreementthe Operative Agreements.

Appears in 2 contracts

Sources: Merger Agreement (Stant Corp), Merger Agreement (Tomkins PLC)

Effect of Termination. In the event of the termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any and there shall be no liability or obligation on the part of Parent, Sun Global, Merger Sub or the Company, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this Section 7.02 and Article VIII, which provisions shall survive such termination; provided that nothing herein shall relieve any party from liability for fraud or any intentional breach of the any of its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Caraco Pharmaceutical Laboratories LTD), Merger Agreement (Caraco Pharmaceutical Laboratories LTD)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, Parent or Merger Sub, other than the provisions of the last sentence of Section 5.02(a) and this Section 7.02. Nothing contained in this 8.02, Section 8.03, and Article IX, which provisions shall survive such termination, provided, however, no such termination shall relieve any party from any liability or damages for any willful breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Home Loan Servicing Solutions, Ltd.), Merger Agreement (New Residential Investment Corp.)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany or their respective officers or directors, other than the provisions of except as set forth in the last sentence of Section 5.02(a) 5.5, Section 7.5 and this Section 7.02. Nothing contained in this Section Article VIII which shall relieve survive termination and except to the extent that such termination results from the breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Clear Channel Communications Inc), Merger Agreement (Jacor Communications Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last penultimate sentence of Section 5.02(a) 6.02(a), Sections 6.05 and 8.02, this Section 7.02. Nothing contained in this Section 8.03 and Article IX, which provisions shall survive such termination; provided that nothing herein shall relieve any party from any liability for any breach of the representations, warranties, covenants or agreements set forth in this Agreementwillful breach.

Appears in 2 contracts

Sources: Merger Agreement (Unitedhealth Group Inc), Merger Agreement (Pacificare Health Systems Inc /De/)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Companyany Seller, other than the provisions of the last sentence of Section 5.02(a) and 6.04, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the representationsrepresentation, warranties, covenants warranty or agreements covenant set forth in this Agreement.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Championship Auto Racing Teams Inc), Asset Purchase Agreement (Championship Auto Racing Teams Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of the last penultimate sentence of Section 5.02(a) 6.02(a), Sections 6.05 and 8.02, this Section 7.02. Nothing contained in this Section 8.03 and Article IX, which provisions shall survive such termination; provided that nothing herein shall relieve any party from any liability for any material breach of the representations, warranties, covenants or agreements set forth in this Agreementhereof.

Appears in 2 contracts

Sources: Merger Agreement (Brookdale Senior Living Inc.), Merger Agreement (American Retirement Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of the last sentence two sentences of Section 5.02(a) 5.04(a), Section 5.08, Section 5.12, Section 5.14, Section 5.16, Section 5.19 and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Designer Holdings LTD), Merger Agreement (Charterhouse Equity Partners Ii Lp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the Company, other than the provisions of Section 3.3(o), Section 3.4(m), the last sentence of Section 5.02(a) and 5.4, Section 5.8, this Section 7.02. Nothing contained in this Section shall relieve 7.2 and Article VIII, which provisions survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Travelers Group Inc), Merger Agreement (Salomon Inc)

Effect of Termination. In the event of termination of this Agreement by either Parent or the Company or Parent as provided in Section 7.019.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, Parent or Merger Sub, other than the provisions of the last sentence of Section 5.02(a) and 7.02(a), the last sentence of Section 7.02(b), Section 7.08, this Section 7.02. Nothing contained in this Section 9.02 and Article X, which provisions shall survive such termination, and no such termination shall relieve any party hereto from any liability for any fraud, intentional misrepresentation or intentional breach of the representations, warranties, covenants any covenant or agreements agreement set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Berkeley Lights, Inc.), Merger Agreement (IsoPlexis Corp)

Effect of Termination. In the event of termination of If this Agreement is validly terminated by either the Company or Parent as provided in pursuant to Section 7.019.01, this Agreement shall will forthwith become null and void and have there will be no effect, without any liability or obligation on the part of Parenteither the Company or Parent (or any of their respective Representatives or affiliates), Sub or the Company, other than except (i) that the provisions of the last sentence of Section 5.02(a) Sections 7.08 and 7.09 and this Section 7.02. Nothing 9.02 will continue to apply following any such termination and (ii) that nothing contained in this Section herein shall relieve any party hereto from liability for any wilful breach of the its representations, warranties, covenants or agreements set forth contained in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Food Lion Inc), Merger Agreement (Kash N Karry Food Stores Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub Parent or the Company, other than the provisions of Section 3.01(o), the last sentence of Section 5.02(a) and 5.02, Section 5.07, this Section 7.02. Nothing contained in this Section shall relieve 7.02 and Article VIII, which provisions survive such termination, and except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Vivendi), Merger Agreement (Mp3 Com Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(n), Section 3.02(h), the last sentence of Section 5.02(a) and ), this Section 7.02, Section 8.02 and Section 8.07. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Perseptive Biosystems Inc), Merger Agreement (Perkin Elmer Corp)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.018.01, this Agreement shall forthwith become void and have no further force or effect, without any liability or obligation on the part of Parent, Merger Sub or the Company, other than the provisions of Section 3.23, Section 4.09, the last sentence of Section 5.02(a) and 6.02, Section 6.05, this Section 7.02. Nothing contained in this Section 8.02 and Article IX, which provisions shall relieve survive such termination, and except to the extent that such termination results from the willful breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Jones Apparel Group Inc), Merger Agreement (Barneys New York Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.01, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 3.01(u), the last sentence of Section 5.02(a) and ), Section 5.05, this Section 7.02. Nothing contained in this Section shall relieve any party 7.02 and Article VIII and except for any material breach by a Party of the any of its representations, warranties, covenants or agreements set forth in this AgreementAgreement (which material breach and liability therefor shall not be affected by termination of this Agreement or any payment of the Termination Fee pursuant to Section 5.05(b)).

Appears in 2 contracts

Sources: Merger Agreement (Qualcomm Inc/De), Merger Agreement (Atheros Communications Inc)

Effect of Termination. In the event of termination of this Agreement by either the Company or Parent as provided in Section 7.017.1, this Agreement shall forthwith become void and have there shall be no effect, without any liability or obligation on the part of Parent, Sub or the CompanyCompany or their respective affiliates, other than officers, directors or shareholders except (i) with respect to (A) this Section 7.2, (B) the provisions of the last second sentence of Section 5.02(a5.2 and (C) Section 5.4, and this Section 7.02. Nothing contained in this Section shall relieve (ii) to the extent that such termination results from the material breach by a party hereto of any party for any breach of the representations, its representations or warranties, or of any of its covenants or agreements agreements, in each case, as set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Madison Dearborn Partners Inc), Merger Agreement (Tmil Corp)

Effect of Termination. In the event of the termination of this Agreement by either the Company or Parent as provided in pursuant to Section 7.018.1, (i) this Agreement shall forthwith become void and have no further force or effect, without any and (ii) there shall be no liability or obligation under this Agreement on the part of Parent, Sub Parent or the Company, Company other than the provisions of the last sentence of Section 5.02(a) 5.6 and this Section 7.02. Nothing contained in this Section shall relieve any party for any breach of the representations, warranties, covenants or agreements set forth in this Agreement8.2.

Appears in 2 contracts

Sources: Merger Agreement (Lavin Philip T), Merger Agreement (It&e International Group)

Effect of Termination. In the event of termination of this Agreement --------------------- by either the Company or Parent as provided in Section 7.018.1, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of Parent, Sub or the Company, other than the provisions of Section 5.2(b), the last sentence of Section 5.02(a) and 6.2, Section 6.8, this Section 7.02. Nothing contained in this Section shall relieve 8.2 and Article IX, except to the extent that such termination results from the willful and material breach by a party of any party for any breach of the its representations, warranties, covenants or agreements set forth in this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Netframe Systems Inc), Merger Agreement (Micron Technology Inc)